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London (UKX) -0.08% The Nationwide House Price Index in the UK fell 0.2% Y/Y in January 2024.
Germany (DAX:IND) +0.07% Germany retail sales drop 1.6% in December; German import prices dropped 8.5% year-on-year in December 2023; Germany’s January unemployment rate at 5.8%.
France (CAC:IND) +0.22% France inflation eases to 3.1% in January; Producer prices in the French domestic market slowed to 0.1% month-over-month in December 2023.
Spain’s retail trade increased by 3.1% year-on-year in December 2023.
Retail sales in Switzerland dropped 0.8% Y/Y in December 2023.
The pan-European Stoxx 600 (STOXX) moved 0.26% higher, as global markets await monetary policy decision from the U.S. Federal Reserve and take in corporate earnings reports. The Federal Reserve is expected to keep the fed funds rate unchanged at a 23-year high of 5.25%-5.5% for a fourth consecutive meeting in January 2024.
Coming up in the session: Germany inflation figures expected later in the day.
In the bond market, the U.S. 10-year Treasury yield (US10Y) was down 5 basis points to 4.01%.
Germany’s 10-year yield was down 9 basis points to 2.19%.
U.K.’s 10-year yield was down 4 basis points to 3.87%.
Currencies: (EUR:USD) (GBP:USD) (CHF:USD)
ETFs: (EWG), (GF), (EWI), (EWQ), (EWGS), (FGM), (DBGR), (DAX), (FLFR), (FLGR), (FLIY), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)
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