European Markets Experience Slight Downturn Post-Robust Rallies

London (UKX) -0.08%

Germany (DAX:IND) -0.10% Germany’s unemployment rate unchanged at 5.9% in December

France (CAC:IND) -0.30%

Switzerland December manufacturing PMI 43.0 vs 42.1 prior.

The number of people registering as jobless in Spain decreased by 27,375, or 1%, reaching 2.71M in December 2023.

The pan-European Stoxx 600 (STOXX) moved 0.11% higher, with food and beverage stocks up, while construction and materials fell.

Coming up in the session: A rather empty calendar
today.

In the bond market, the U.S. 10-year Treasury yield was up 4 basis
points to 3.98%.

Germany’s 10-year yield was up 2 basis points to 2.08%.

U.K.’s 10-year yield was up 2 basis points to 3.67%.

Currencies: (EUR:USD) (GBP:USD) (CHF:USD)

ETFs: (EWG), (GF), (EWI), (EWQ), (EWGS), (FGM), (DBGR), (DAX), (FLFR),
(FLGR), (FLIY), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)