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European markets retreated ahead of key U.S. inflation print and beginning of earnings se

Freddie Green by Freddie Green
October 11, 2022
0


London -0.85%. 

Germany -0.72%. 

France -0.59%. 

The pan-European Stoxx 600 index fell 0.8% in early trade, with basic resources shedding to lead losses as all sectors and major bourses slid into negative territory.

Italian Industrial Production MoM: 2.3% (Forecast -0.1%, Previous 0.4%).

UK Unemployment Rate: 3.5% (Forecast 3.6%, Previous 3.6%).

Global markets are looking ahead to a key U.S. inflation print on Thursday and the beginning of corporate earnings season.

In bond market, The yield on 10-year Treasuries was up more than six basis point to 3.95%.

Germany’s 10-year yield was down more than one basis point to 2.30%.

Britain’s 10-year yield was down more than seven basis point to 4.40%.

Tags: aheadBeginningEarningsEuropeaninflationKeyMarketsprintretreatedU.S
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Freddie Green

Freddie Green

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