Market Updates
European Markets React to Domestic Earnings
Bridgette Randall
08 Nov, 2022
Frankfurt
Stocks lacked direction in European trading after energy prices inched lower and currencies were under pressure.
Eurozone retail sales rose 0.4% on a monthly basis in September, according to the latest data from Eurostat.
The DAX index increased 0.6% to 13,612.68, the CAC-40 index traded higher 0.01% to 6,417.46 and the FTSE 100 index edged down 0.04% to 7,297.68.
The euro traded up to $1.001 but the British pound declined 0.3% to $1.147.
The yield on 10-year German Bunds declined to 2.29%, French bonds edged down to 2.80%, British bonds dropped to 3.58% and Italian bonds fell to 4.39%.
Brent crude oil declined 37 cents to $97.31 a barrel and TTF natural gas rose 5% to 116.32 euros a MWh.
Europe Movers
Associated British Foods rose 2.8% to 1,468.74 pence after the Primark owner said annual profit increased 45% to
Annual Returns
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Earnings
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