USD - European markets mixed after GDP numbers and earnings flurry

2023-07-28 04:25:35 ET

London +0.24%

Germany -0.15% Germany Q2 preliminary GDP 0.0% vs +0.1% q/q expected

France -0.42% . France July preliminary CPI +4.3% vs +4.3% y/y expected ; France Q2 preliminary GDP +0.5% vs +0.1% q/q expected

Bavaria July CPI +6.1% vs +6.2% y/y prior; Switzerland July KOF leading indicator index 92.2 vs 90.5 expected; Spain July preliminary CPI +2.3% vs +1.6% y/y expected; Spain Q2 preliminary GDP +0.4% vs +0.4% q/q expected

The pan-European Stoxx 600 edged 0.32% lower, with media and tech stocks shedding some of Thursday’s strong gains. Global markets are also sensitive to monetary policy moves in Japan.

Coming up in the session: Euro area economic sentiment expected shortly, Germany inflation in queue.

In the bond market, the U.S. 10-year Treasury yield was up 1 basis point to 4.00%.

Germany's 10-year yield was down less than 6 basis points to 2.50%.

U.K.'s 10-year yield was up 5 basis points at 4.37%.

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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