Friday, September 13, 2024

European indices continue to advance after last week’s selloff

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London (UKX) +0.15% UK’s unemployment rate drops to 4.2% in June.

Germany (DAX:IND) +0.36%

France (CAC:IND) +0.22%

Spain’s inflation drops to 2.8% in July.

The pan-European Stoxx 600 (STOXX) moved 0.27% higher, following the previous day’s trends and shrugging off last week’s volatility. Financial services led gains, while travel stocks slipped. Investors will be closely watching UK Inflation data due tomorrow.

Coming up in the session: Germany’s economic sentiment expected shortly.

In the bond market, the U.S. 10-year Treasury yield up less than 1 basis point to 3.91%.

Germany’s 10-year yield mostly flat at 2.23%.

U.K.’s 10-year yield was up 1 basis point to 3.93%.

Currencies: (EUR:USD) (GBP:USD) (CHF:USD)

ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (DAX), (FLGR), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)

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