2023-03-31 05:03:46 ET
London +0.20% . UK Q4 final GDP +0.1% vs 0.0% q/q prelim.
UK March Nationwide house prices -0.8% vs -0.3% m/m expected.
Germany +0.25% . Germany March unemployment change 16k vs 0k expected.
Germany February retail sales -1.3% vs +0.5% m/m expected.
Germany February import price index -2.4% vs -1.0% m/m expected.
France +0.38% . France March preliminary CPI +5.6% vs +5.5% y/y expected.
The pan-European Stoxx 600 was up 0.2%, with sectors mixed. Retail stocks extended Thursday’s rally, while food and beverage stocks also rose.
However banks slipped, with Swedbank one of the worst-performing European stocks, down 5.1%.
Coming up in the session: Eurozone March preliminary CPI figures at 0900 GMT; Eurozone February unemployment rate at 0900 GMT.
In the bond market, the yield on 10-year Treasuries was up more than three basis point to 3.58%.
Germany’s 10-year yield was up more than three basis point to 2.39%.
Britain’s 10-year yield was up more than five basis point to 3.56%.
ETFs: ( EWG ), ( GF ), ( EWI ), ( EWQ ), ( EWGS ), ( FGM ), ( DBGR ), ( DXGE ), ( HEWG ), ( DAX ), ( FLFR ), ( FLGR ), ( FLIY ), ( FXB ), ( EWU ), ( FKU ), ( EWUS ), ( HEWU ), ( FLGB ).
More on the Bank Crisis:
- Why First Republic Bank's Stock Price Crashed And What Is The Outlook?
- Bank stock rise after deposit outflows not as bad as feared
- Should the FDIC deposit insurance cap be kept, waived or raised
- First Republic recovers from record low on new rescue plan
For further details see:
European stocks rise ahead of eurozone, U.S. inflation report