London -0.08% UK January CPI +10.1% vs +10.3% y/y expected
Germany +0.31%
France +0.38%
Spain January final CPI +5.9% vs +5.8% y/y prelim
The pan-European Stoxx 600 -0.11% in early trade after hitting a one-year high during a choppy session on Tuesday. Most sectors and major bourses opened negative. Mining stocks led losses, followed by banks, after Barclays lost 8% in early trading on disappointing profit results.
Coming up in the session: Eurozone Industrial production and Trade Balance.
In the bond market, The yield on US 10-year Treasuries was down one basis point to 3.75%.
Germany’s 10-year yield was down two basis point to 2.43%.
Britain’s 10-year yield was down nine basis point to 3.43%.
ETFs: (EWG), (GF), (EWI), (EWQ), (EWGS), (FGM), (DBGR), (DXGE), (HEWG), (DAX), (FLFR), (FLGR), (FLIY)
