European markets rise following modest gains overnight on Wall street
loveguli/E+ via Getty Images
London +0.56%.
Germany +0.27%. Germany Wholesale Price Index YoY (Aug) Act: 18.9% Prev: 19.5%.
France +0.03%. French CPI – Final reading for August: YoY Act: 5.9% Prev: 5.8% Fcst: 5.8%.
The pan-European Stoxx 600 moving to a 0.2% gain, as banking stocks added. The euro zone bank index hit its highest level since June 10, Reuters reported.
The Bank of England was due to have a monetary policy meeting but has delayed this until next week due to the death of Queen Elizabeth II.
In bond market, The yield on 10-year Treasuries was up more than three basis point to 3.44%.
Germany’s 10-year yield was up more than six basis point to 1.75%.
Britain’s 10-year yield was up more than three basis point to 3.16%.
