Stocks in Europe fell: Market News

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Stocks in Europe fell: Market News

October 10, 2018 - 13:44
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According to Bloomberg, yield of US Treasuries continued growing while investors are waiting data on inflation in the largest world’s economy. Stocks in Europe are falling. Italy’s bonds are up. WTI oil is holding near $75 per barrel level as hurricane Michael influenced production in the US.

Photo © Gerd Altmann, CC0 1.0

According to Bloomberg, yield of US Treasuries continued growing while investors are waiting data on inflation in the largest world’s economy. Yield of 10-year US bonds is 3,22% today.

Stocks in Europe are falling. Decline in industrial stocks including mining and auto companies exceeded growth of telecom and banking stocks. As a result, Stoxx Europe 600 lost 0,2%. FTSE in the UK lost less than 0,05%, while DAX in Germany dropped 0,3%. S&P 500 fell less than 0,05%.

Bloomberg Dollar Spot Index gained 0,1%. Euro grew less than 0,05% to $1,1494. British pound gained 0,1% to $1,3155. Japanese yen is down 0,2% to 113,22 per dollar. Japanese shares gained after four days of decline.

Italy’s bonds are up. WTI oil is holding near $75 per barrel level as hurricane Michael influenced production in the US. It gained less than 0,05% to $74,93 per barrel.