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European markets in inexperienced with Fed in focus (EUR:USD)

by Index Investing News
August 21, 2024
in Financial
Reading Time: 1 min read
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Yuji Sakai

London (UKX) +0.03%. Public sector web borrowing, excluding public sector banks, within the UK climbed to £3.1B in July, greater than consensus estimates of £2.5B.

Germany (DAX:IND) +0.22%

France (CAC:IND) +0.28%

The buyer confidence indicator within the Netherlands stood at -24 in August.

Estonian producer costs climbed 0.8% Y/Y in July.

The pan-European Stoxx 600 (STOXX) moved 0.14% greater, with sectors in combined territory. Traders await the most recent Fed coverage assembly minutes for clues on the charges path. Fed Chair Powell is ready to talk on Friday to gauge how aggressively the central financial institution will minimize charges in September.

Arising within the session:

Within the bond market, the U.S. 10-year Treasury yield was down lower than 1 foundation level to three.82%.

Germany’s 10-year yield was up 1 foundation level at 2.22%.

U.Ok.’s 10-year yield was up lower than 1 foundation level to three.92%.

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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