Posted 11/10/2023, 9:00:19 AM
European Stocks and Yields Drop as Data Show Slowing Growth and High Inflation
- London (UKX) down 0.53% as British economy expands 0.6% in Q3 2023
- Germany (DAX) down 0.39%, France (CAC) down 0.65%
- Czech annual inflation rises to 8.5% in October 2023
- Slovakia industrial production falls 0.6% year-on-year in September 2023
- Austria industrial production shrinks 3.3% year-on-year in September 2023
- UK construction orders decline 20% year-on-year in Q3 2023
- Stoxx 600 drops 0.54% after Powell says banks have done enough on inflation
- 10-year yields down in US, up in Germany and UK
- ECB President Lagarde set to speak today