Europe up in premarket on temporary UK-EU fishing solution
Equities in Europe traded higher in the premarket on Monday after the United Kingdom issued additional fishing licenses for fishing vessels from the European Union, temporarily solving the issue between the two sides. Later during the weekend, Britain stated it will offer booster doses of vaccines against COVID-19 to every adult citizen by the end of the year in an effort to prevent the spread of the Omicron strain of the virus.
The DAX rose by 0.50% at 7:47 am CET. At the same time, the FTSE 100 gained 0.40%, while CAC 40 expanded by 0.49%.
The euro lost 0.27% to the dollar at 7:57 am CET, selling for $1.12871. A minute later, the pound sterling declined by 0.29% against the greenback to go for $1.32306.
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