Europe lower premarket amid pandemic uncertainties
Shares on the major European stock market indexes traded lower in the premarket on Monday as the investors kept monitoring the COVID pandemic situation around the world and across the old continent. While British Prime Minister Boris Johnson stated that all adults in the United Kingdom are to be offered a vaccine by August, the mayor of Nice asked for the coronavirus containment measures to be tightened in order to curb the spread among the visitors to France’s seventh-largest city.
On the data front, the traders will keep an eye on the Institute for Economic Research’s (Ifo) report on the business climate in Germany for February.
The DAX slid 0.34% at 7:21 am CET, while the FTSE 100 dropped 0.47% a minute later. In Paris, the CAC 40 decreased by 0.30% at 7:17 am CET. Both the euro and the pound remained unchanged versus the dollar, selling for 1.21219 and 1.40125, respectively, at 7:24 am CET.
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