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London (UKX) -1.22% UK’s inflation rate rises to 4% in December
Germany (DAX:IND) -0.88%
France (CAC:IND) -1.06%
The annual inflation rate in Austria rose to 5.6% in December 2023.
The annual producer inflation in the Czech Republic accelerated to 1.4% in December 2023.
The pan-European Stoxx 600 (STOXX) moved 1.18% lower, as investors remain focused on the World Economic Forum taking place this week in Davos, Switzerland.
Coming up in the session: Euro Area inflation rate expected shortly.
In the bond market, the U.S. 10-year Treasury yield (US10Y) was up less than 1 basis point to 4.07%.
Germany’s 10-year yield was up 4 basis points to 2.25%.
U.K.’s 10-year yield was up 9 basis points to 3.90%.
Currencies: (EUR:USD) (GBP:USD) (CHF:USD)
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