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Home Markets

European markets muted amid rate hikes

May 8, 2023
in Markets
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London closed for a public vacation after the crowning of King Charles III.

Germany +0.08% German commercial production suffers 3.4% in March

France +0.17%

The pan-European Stoxx 600 edged +0.21% greater, with traders expecting more business profits, financial information and a Bank of England rate choice today.

Showing Up in the session: An empty calendar on charts

In the bond market, the yield on United States 10-year Treasuries down one basis point at 3.44%.

Germany’s 10-year yield was up 3 basis indicate 2.33%.

Britain’s bond market closed.

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

Source: Business Insider.

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