January 11, 2023

European markets show lighter gains catching up with the Wall Street

London +0.20%

Germany +0.21%

France +0.16% The French central bank says that the economy is likely to have grown by 0.1% in Q4 last year.
ECB policymaker, Francois Villeroy de Galhau says will have to raise rates further in the coming months.
The pan-European Stoxx 600 +0.05% in early trade with sectors and major bourses showing a mixture of marginal gains and losses. Mining and retail stocks saw the largest uptick, while construction led minor losses.

Coming up in the session: No significant data expected today. Eyes set on US CPI to be out tomorrow.
In the bond market, The yield on US 10-year Treasuries was down about five basis point to 3.57%.

Germany’s 10-year yield down about six basis point to 2.24%.

Britain’s 10-year yield was down about eight basis point to 3.48%.

Now read: Asia-Pacific shares trade mixed as investors await inflation report, Nasdaq notches 3-day win streak

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