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European markets muted as global sentiment wavers on recession fears

by Index Investing News
December 7, 2022
in Markets
Reading Time: 1 min read
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London +0.27%. UK November Halifax house prices -2.3% vs -0.4% m/m prior.

Germany +0.16%. Germany October industrial output -0.1% vs -0.6% m/m expected.

France +0.04%. France October trade balance -€12.2 billion vs -€16.0 billion expected.

The pan-European Stoxx 600 was fractionally below the flatline at 0.14%, with oil and gas stocks shedding while health care stocks gains.

Coming up in the session: Eurozone Q3 final GDP figures at 1000 GMT; US MBA mortgage applications w.e. 2 December at 1200 GMT.

In bond market, The yield on 10-year Treasuries was up more than one basis point to 3.52%.

Germany’s 10-year yield was down more than one basis point to 1.78%.

Britain’s 10-year yield was little changed to 3.07%.



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Tags: EuropeanFearsglobalMarketsmutedrecessionsentimentwavers
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