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London (UKX) +0.01%
Germany (DAX:IND) +0.43% Germany records trade surplus of €24.9B in May, exports declined by 3.6% M/M, imports dropped by 6.6% M/M.
France (CAC:IND) +0.43% Left-wing New Popular Front won the largest number of seats in parliamentary elections.
Construction output in the Czech Republic slumped 6.8% Y/Y, industrial production dropped by 3.2% Y/Y, trade surplus increased to CZK13.6B in May.
Austria posted a trade surplus of €0.3B in April 2024.
Denmark’s manufacturing production shrank 6% M/M.
Sweden industrial production fell by 2.9% Y/Y.
The pan-European Stoxx 600 (STOXX) moved 0.32% higher, as traders react to the surprise victory of a left-wing alliance of parties in France.
Coming up in the session: A lighter day on charts.
In the bond market, the U.S. 10-year Treasury yield was up 3 basis points to 4.30%.
Germany’s 10-year yield was up 2 basis points to 2.55%.
U.K.’s 10-year yield was up less than 1 basis point to 4.14%.
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