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London (UKX) -0.10%
Germany (DAX:IND) +0.22%
France (CAC:IND) -0.20%
Sweden posted a trade surplus of SEK7.9 B in April 2024.
Retail sales in Norway fell 0.3% M/M in April 2024.
Germany’s wholesale prices dropped by 1.8% Y/Y in April 2024.
The pan-European Stoxx 600 (STOXX) moved 0.02% lower, in mixed morning trade. The European Central Bank officials signaled they could start cutting interest rates next week. ECB governing council member Olli Rehn said Eurozone inflation was falling in a “sustained way” and that policymakers could begin easing policy in June.
Coming up in the session: France unemployment benefit claims will be out shortly.
In the bond market, the U.S. 10-year Treasury yield (US10Y) down 3 basis points 4.45%.
Germany’s 10-year yield was down less than 1 basis point to 2.55%.
U.K.’s 10-year yield was down 5 basis points to 4.22%.
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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