European Markets Show Positive Start

Major stocks across Europe opened higher on Wednesday, with traders closely analyzing the latest earnings reports from leading companies such as TotalEnergies, Stellantis, and GSK, among others. The market's focus was also on upcoming economic updates from Italy, Germany, and the eurozone.

Key Indices Performances

The DAX added 0.34%, the Euro Stoxx 50 increased by 0.21%, London's FTSE 100 advanced 0.17%, and the French CAC 40 jumped 0.41%. Meanwhile, the euro and the pound remained stable against the dollar.

Upcoming Economic Data

Markets are eyeing key economic updates, including Italy's inflation and GDP, Germany's inflation and GDP, and eurozone GDP, following earlier releases of German retail sales and French inflation figures.