KeithBinns
London (UKX) -0.06%
Germany (DAX:IND)+0.26%
France (CAC:IND) +0.43%
Spain’s inflation drops to 2.8% in February.
Switzerland February producer and import prices +0.1% vs -0.5% M/M prior.
Hungary construction output surged by 17.2% Y/Y in January 2024.
The annual inflation rate in Sweden slowed to 4.5% in February 2024 from 5.4% in the previous month.
The pan-European Stoxx 600 (STOXX) moved 0.19% higher, as food and beverage stocks added, while mining fell. Investors keep a close watch for another key U.S. inflation reading for February.
Coming up in the session: Governing Council of the ECB, Klass Knot and Vice-Chair of the Supervisory Board, ECB will speak today.
In the bond market, the U.S. 10-year Treasury yield (US10Y) was down 1 basis point to 4.02%.
Germany’s 10-year yield was up 1 basis point to 2.37%.
U.K.’s 10-year yield was down 2 basis points to 4.04%.
Currencies: (EUR:USD) (GBP:USD) (CHF:USD)
ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (DBGR), (DAX), (FLFR), (FLGR), (FLIY), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)