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Home EUR/USD

European markets mostly flat after ECB rates remain unchanged (EROTF)

currencycoach by currencycoach
October 27, 2023
in EUR/USD
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European markets mostly flat after ECB rates remain unchanged (EROTF)
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World Map on digital display

da-kuk/E+ via Getty Images

London (UKX) -0.09%

Germany (DAX:IND) -0.11%

France (CAC:IND) -1.00% France October consumer confidence 84 vs 83 expected

Retail sales in Spain rose by 6.5% year-on-year in September 2023, following a downwardly revised 7.1% advance in the prior month. The unemployment rate in Hungary increased to 4.1% in July-September of 2023 from 3.7% in the same period of the previous year. Retail sales in Sweden dropped 3.8% year-on-year in September 2023, accelerating from a 1.7% fall in August.

The pan-European Stoxx 600 (STOXX) fell 0.35% as media stocks slipped and oil and gas climbed. Investors read earnings reports and the state of the global economy keeps sentiment on edge.

In the bond market, the U.S. 10-year Treasury yield was up less than 4 basis points to 4.88%.

Germany’s 10-year yield was up less than 1 basis point to 2.86%.

U.K.’s 10-year yield was down 2 basis points to 4.58%.

Coming up in the session: Canada wholesale sales and US personal income spending expected today.

Currencies: (EUR:USD) (GBP:USD) (CHF:USD)

ETFs: (EWG), (GF), (EWI), (EWQ), (EWGS), (FGM), (DBGR), (HEWG), (DAX), (FLFR), (FLGR), (FLIY), (FXB), (EWU), (FKU), (EWUS), (HEWU), (FLGB), (GREK)



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Tags: ECBEROTFEuropeanFlatmarketsratesRemainunchanged
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