FLGB - European markets in green on hopes of end to Fed rate hikes

2023-07-11 04:19:53 ET

London +0.03% . UK unemployment rate increases to 4% in May, highest since last quarter of 2021

Germany +0.32% . Germany inflation rate increases to 6.4% in June

France +0.64% .

The pan-European Stoxx 600 edged 0.32% higher, with mining stocks adding gains while autos slipped, as most sectors and major bourses traded in positive territory. The upside is tracking the trend across the Atlantic after Wall Street snapped a three-day losing streak, with investors looking ahead to key U.S. inflation figures later this week.

Coming up in the session: A rather silent calendar today.

In the bond market, the U.S. 10-year Treasury yield was down 4 basis points to 3.96%.

Germany's 10-year yield was up 3 basis points to 2.61%.

U.K.'s 10-year yield was up 4 basis points at 4.60%.

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 )

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