FLIY - European markets turn red on concerns over more interest rate hikes

2023-08-17 04:16:11 ET

London -0.42%

Germany -0.54 %

France -0.53%

The pan-European Stoxx 600 ( STOXX ) edged 0.62% lower, with construction and material stocks losing, while mining was the only sector in positive territory. The U.S. Federal Reserve’s July meeting minutes showed further interest rate hikes were not off the table.

Coming up in the session: An empty calendar for today.

In the bond market, the U.S. 10-year Treasury yield was up 3 basis points to 4.29%.

Germany's 10-year yield was up 5 basis points to 2.70%.

U.K.'s 10-year yield was up 4 basis points to 4.69%.

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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