European markets open mixed: DAX dips 0.15%, FTSE 100 up 0.33% as earnings, data in focus

Major European stock indexes traded mixed at the opening bell on Wednesday as investors assessed a fresh round of corporate earnings alongside regional economic data releases.

The DAX slipped 0.15% at 9:01 am CET, while France’s CAC 40 edged 0.15% higher. The UK’s FTSE 100 outperformed, rising 0.33%while the broader Euro Stoxx 50 traded flat.

On the corporate front, Siemens Energy and Commerzbank reported strong results for their respective periods, supporting selective gains in the German market. Meanwhile, TotalEnergies flagged a decline in quarterly net income, weighing on sentiment in parts of the energy sector.

Investors are also monitoring economic data, including Italian industrial output figures due later in the session. Germany is set to hold a 30-year bond auction, which may offer further signals on demand for long-dated sovereign debt.

In currency markets, the euro strengthened 0.17% against the U.S. dollar to trade at $1.19159 as of 8:48 am CET. The British pound also advanced, rising 0.19% to $1.36691 versus the dollar.

Further developments are expected as the trading session progresses.