FGM - European markets stay in green as investor assess the impact of economic data

2023-05-12 04:13:16 ET

London +0.28% UK goods trade balance rises better than expected ; UK GDP dropped 0.3% in March, more than expected

Germany +0.25%

France +0.64% Inflation in France reached 5.9% in April

Spain April final CPI +4.1% vs +4.1% y/y prelim

The pan-European Stoxx 600 edged +0.35% higher with household goods stocks and banks up. European stock markets opened higher Friday despite a downbeat week so far, as investors assess the state of play across first quarter earnings and economic data.

Coming up in the session: Eyes set on US consumer sentiment

In the bond market, The yield on US 10-year Treasuries up less than one basis points at 3.40%.

Germany’s 10-year yield was up one basis points to 2.23%.

Britain’s 10-year yield was down one basis points to 3.70%.

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

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