FLIY - European markets mixed with UK inflation higher than expected

2023-06-21 04:14:40 ET

London -0.33% UK May CPI +8.7% vs 8.4% y/y expected

Germany +0.14%

France -0.19%

The pan-European Stoxx 600 edged -0.20% lower, with almost all sectors declining. Utilities reversed the Tuesday gains, and media and mining stocks both dropped. The auto and oil and gas sectors managed narrow increases.

Coming up in the session: Fed Chair Powell testifies today.

In the bond market, the U.S. 10-year Treasury yield was up 2 basis points to 3.75%.

Germany's 10-year yield was up 3 basis points to 2.43%.

U.K.'s 10-year yield was up 6 basis points to 4.39%.

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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