FXB - Eurpean markets in red again pressurised by rising yields

2023-08-11 04:17:40 ET

London -0.65% UK economy expands 0.2% in Q2

Germany -0.37%

France -0.57% France inflation drops 4.3% in July, lowest since February last year ; France unemployment rate moves higher, 7.2% for Q2

Spain July final CPI +2.3% vs +2.3% y/y prelim

The pan-European Stoxx 600 edged 0.58% lower , with miners and oil & gas stocks leading losses as commodity prices fell against a firm dollar.

Coming up in the session: No major European numbers expected.

In the bond market, the U.S. 10-year Treasury yield was up 2 basis point to 4.10%.

Germany's 10-year yield was up 5 basis points to 2.57%.

U.K.'s 10-year yield was up 9 basis points at 4.45%.

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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