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London +1.23%. UK bond yields sharply lower after inflation data earlier; UK June CPI +7.9% vs +8.2% y/y expected
Germany +0.05%
France +0.30%.
The pan-European Stoxx 600 edged 0.17% higher, with retail stocks extending Tuesday’s gains. The FTSE 100 was up 1.3% as the british poundfell against the U.S. dollar and the euro and U.K. bond yields fell sharply.
Coming up in the session: Euro area inflation expected shortly.
In the bond market, the U.S. 10-year Treasury yield was down 4 basis points to 3.75%.
Germany’s 10-year yield was down 4 basis points to 2.31%.
U.K.’s 10-year yield was down 2 basis points at 4.18%.
Currencies: (EUR:USD) (GBP:USD) (CHF:USD)
ETFs: (EWG), (GF), (EWI), (EWQ), (EWGS), (FGM), (DBGR), (DXGE), (HEWG), (DAX), (FLFR), (FLGR), (FLIY), (FXB), (EWU), (FKU), (EWUS), (HEWU), (FLGB), (GREK)
