European stocks rise in premarket
European stocks climbed in premarket trading on Friday as investors focused on the latest COVID-19 vaccine news and economic data.
The European Medicines Agency (EMA) said earlier that the AstraZeneca jab isn’t associated with an increase in blood clots risks, while the US Centers for Disease Control and Prevention (CDC) noted the country is seeing positive effects of the vaccination program. On the data front, market watchers awaited retail sales figures from the United Kingdom, as well as a report on Germany’s business climate.
The FTSE 100 rose 0.74% at 7:20 am CET and the DAX increased 0.71% at the same time. The CAC 40 jumped 0.80% at 7:24 am CET. The euro added 0.16% against the dollar to go for 1.17830 and the pound gained 0.20% compared to the US currency to sell for 1.37624 at 7:21 am CET.
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