Europe flat premarket with central banks in focus
Shares on the major stock market indices in Europe were flat in the premarket on Friday, as the investors digested the Bank of England’s (BoE) decision not to change its interest rate. European Central Bank’s (ECB) Isabel Schnabel tried to ease some of the woes, underlying that the ECB is taking concerns regarding high inflation “very seriously.”
On the COVID-19 front, The European Medicines Agency (EMA) urged people to get vaccinated with jab’s booster dose, while the United Kingdom became the first country in the world to officially approve Merck’s coronavirus drug.
The CAC 40 was flat at 7:09 am CET. Both the FTSE 100 and the German DAX were little changed at 7:26 am CET. The euro and the pound also stood unchanged versus the dollar at 7:27 am CET, selling for 1.15520 and 1.34934, respectively.
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