Amid the rush to announce financial results and the fall of Wall Street, the European market is unstable
London (UKX) -0.91
Germany (DAX: IND) -1.39% German July Ifo Business Confidence Index 87.0 vs. forecast 88.9.
France (CAC: IND) -1.81% French July business confidence, 94 compared to advance forecast 99.
Eurozone June M3 money supply is 2.2% compared to the forecast of 1.8%.
The Pan-European Stock Exchange 600 (STOXX) fell 1.38% in response to a fall on Wall Street due to a succession of announcements of corporate financial results. Technology stocks have plummeted. Companies announcing financial results today include Nestlé, automobile manufacturer Renault, French luxury goods group, Kering, Swiss healthcare company Roche, etc.
In the bond market,
The yield on 10-year US bonds fell 6 basis points to 4.23%.
German 10-year bond yields fell 4 basis points to 2.40%.
UK 10-year bond yields fell 5 basis points to 4.11%.
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