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London (UKX) -0.39%
Germany (DAX:IND) +0.30% Producer prices in Germany declined by 0.8% Y/Y in July.
France (CAC:IND) +0.16%
The Swedish Riksbank lowered its key policy rate by 25bps to 3.5% in its August 2024 meeting.
Industrial production in Moldova fell 2.3% Y/Y in June.
The annual inflation rate in Austria edged down to 2.9% in July.
Producer prices in Georgia increased by 8.2% Y/Y in July.
The trade surplus in Switzerland narrowed to CHF4.1B in July.
Denmark’s economy advanced by 0.6% on quarter in Q2.
Finland’s unemployment rate increased to 7.9% in July.
The pan-European Stoxx 600 (STOXX) moved 0.16% higher, to erase the equity selloff in global stock markets earlier in the month amid growing expectations that the economy will not stagnate as the Fed and the ECB lower their interest rates.
Coming up in the session: Euro Area inflation expected shortly.
In the bond market, the U.S. 10-year Treasury yield was up less than 1 basis point to 3.87%.
Germany’s 10-year yield was down 1 basis point at 2.24%.
U.K.’s 10-year yield was up less than 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)
