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London (UKX) -0.45% UK’s inflation dropped to 2.3% in April, above market expectations of 2.1%; however, lowest since July 2021. Public sector net borrowing in the UK increased to £20.5B in April.
Germany (DAX:IND) -0.20%
France (CAC:IND) -0.43%
The unemployment rate in Sweden increased to 8.9% in April 2024.
Passenger car registrations in the European Union surged 13.7% Y/Y.
The pan-European Stoxx 600 (STOXX) moved 0.34% lower, with most sectors trading in red
Coming up in the session: A lighter economic calendar for Europe today.
In the bond market, the U.S. 10-year Treasury yield (US10Y) was up 3 basis points to 4.44%.
Germany’s 10-year yield was up 3 basis points to 2.53%.
U.K.’s 10-year yield was up 9 basis points to 4.23%.
Currencies: (EUR:USD) (GBP:USD) (CHF:USD)
ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (DAX), (FLGR), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)
