HEWU - European markets ease as caution prevails before U.S. banks earnings

2023-10-13 03:53:30 ET

London +0.1%

Germany -0.2%

France -0.1% France inflation rate unchanged at 4.9% in September

Spain September final CPI +3.5% vs +3.5% y/y prelim

Switzerland September producer and import prices -0.1% vs -0.2% m/m prior

The pan-European Stoxx 600 ( STOXX ) edged 0.1% lower on Friday as sectors were trading mixed after data showed U.S. consumer prices increased more than expected in September, which supported some bets that interest rates might stay higher for longer. However, markets overall remained cautious with focus turning to the U.S. Q3 earnings season. Mining stocks climbed, while tech fell.

Coming up in the session: Euro area industrial production,    Preliminary Michigan consumer sentiment for the month of October.

In the bond market, the U.S. 10-year Treasury yield was down 6 basis points to 4.65%.

Germany's 10-year yield was down 3 basis points to 2.75%.

U.K.'s 10-year yield was down 3 basis points to 4.40%.

Currencies: ( EUR:USD ) ( GBP:USD ) ( CHF:USD )

ETFs: ( EWG ), ( GF ), ( EWI ), ( EWQ ), ( EWGS ), ( FGM ), ( DBGR ), ( DXGE ), ( HEWG ), ( DAX ), ( FLFR ), ( FLGR ), ( FLIY ), ( FXB ), ( EWU ), ( FKU ), ( EWUS ), ( HEWU ), ( FLGB ), ( GREK )

More on Euro / US Dollar

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