European markets in red as U.S. jobs data looms (EUR:USD)
London (UKX) -0.3%
Germany (DAX:IND) -0.5% Germany records trade surplus of €22.1B in April, below expectations.
France (CAC:IND) -0.5% France recorded a trade deficit of €7.6B in April 2024, considerably higher than €5.4B consensus.
The pan-European Stoxx 600 (STOXX) ticked down -0.2% on Friday a day after the European Central Bank cut its policy rates by 25 basis points, as traders awaited crucial U.S. jobs data for clues about whether the U.S. Federal Reserve would soon follow. Investors also looked ahead to the Euro Area GDP growth data.
Coming up in the session: Canada’s unemployment rate, U.S. non-farm payrolls data on the radar today.
In the bond market, the U.S. 10-year Treasury yield (US10Y) was up 1 basis point to 4.30%.
Germany’s 10-year yield was up 1 basis point to 2.56%.
U.K.’s 10-year yield was down less than 1 basis point to 4.17%.
Currencies: (EUR:USD) (GBP:USD) (CHF:USD)
ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (DAX), (FLGR), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)
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