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London (UKX) +0.39%
Germany (DAX:IND) +0.47% Germany Composite PMI was revised slightly lower to 50.4 in June.
France (CAC:IND) +0.85% France Services PMI rose to 49.6 in June. Government budget deficit widened to €113.50B in January to May 2024 from €107.22B last year.
Spain Services PMI came in at 56.8, slightly below 13-month peak.
Italy Services PMI fell to 53.7 in June.
Sweden Services PMI rose to 51.8 in June.
Georgia annual inflation edged up to 2.2% in June.
Euro Area Services PMI falls to 52.80 points in June.
The pan-European Stoxx 600 (STOXX) moved 0.44% higher, with most sectors in the green, led by mining stocks. Investor sentiment improved amid prospects the Fed will cut interest rates this year. In Europe, however, ECB President Lagarde tempered expectations of further rate cuts in Europe.
Coming up in the session: UK services and composite PMI expected shortly.
In the bond market, the U.S. 10-year Treasury yield was up less than 1 basis point to 4.44%.
Germany’s 10-year yield unchanged at 2.61%.
U.K.’s 10-year yield was down less than 1 basis point to 4.24%.
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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