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London (UKX) +0.48%
Germany (DAX:IND) -0.23% The Ifo Business Climate indicator for Germany dropped to 86.6 in August 2024, the lowest level since February.
France (CAC:IND) +0.18%
The business confidence indicator in the Czech Republic fell further by 1.5 points to 93 in August.
The consumer confidence indicator in the Czech Republic fell to 97.3 in August.
Producer prices in Spain fell by 1.4% year-on-year in July.
Switzerland’s non-farm payrolls rose by 1.3% Y/Y to a record 5.499M.
The pan-European Stoxx 600 (STOXX) moved 0.01% higher, as traders digested tensions in the Middle East. fears of a wider conflict in the Middle East pushed oil prices higher. Markets loosely held gains from the prior week as markets continued to assess the extent to which consolidated expectations of incoming rate cuts by the Fed will impact European borrowing costs.
Coming up in the session: A lighter day on European front.
In the bond market, the U.S. 10-year Treasury yield was down 1 basis point to 3.79%.
Germany’s 10-year yield was up 2 basis points at 2.24%.
U.K.’s 10-year yield up less than 1 basis point to 3.94%.
Currencies: (EUR:USD) (GBP:USD) (CHF:USD)
ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (DAX), (FLGR), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)
