FGM - European markets mixed as investors weigh monetary policy outlook
2023-12-05 03:30:15 ET
London ( UKX ) -0.4%
Germany ( DAX:IND ) +0.1%
France ( CAC:IND ) +0.1% Industrial production in France fell for the third successive month to 0.3% M/M in October.
Industrial production in Spain shrank by 1.5% year-on-year in October, a seventh consecutive drop, compared with market forecasts of a 1.7% fall.
The pan-European Stoxx 600 ( STOXX ) inched 0.1% lower on Tuesday with sectors trading in mixed territory as investors continue to assess the outlook for central bank interest rate cuts. Market participants will now focus on U.S. job openings figures due later on Tuesday and the non-farm payrolls figures out on Friday, for more clarity on the health of the world's largest economy. Gold prices meanwhile notched a record high on Monday for a second consecutive day, with spot prices touching $2,100.
In the bond market, the U.S. 10-year Treasury yield was down 5 basis points at 4.23%.
Germany's 10-year yield was down 7 basis points to 2.28%.
U.K.'s 10-year yield was down 8 basis point to 4.12%.
Coming up in the session: France, Germany, Euro Area and UK Services PMI numbers.
Currencies: ( EUR:USD ) ( GBP:USD ) ( CHF:USD )
ETFs: ( EWG ), ( GF ), ( EWI ), ( EWQ ), ( EWGS ), ( FGM ), ( DBGR ), ( HEWG ), ( DAX ), ( FLFR ), ( FLGR ), ( FLIY ), ( FXB ), ( EWU ), ( FKU ), ( EWUS ), ( FLGB ), ( GREK )
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European markets mixed as investors weigh monetary policy outlook