European stocks and bonds retreat, tracking cautious global sentiment (EROTF)
da-kuk
London -0.78% UK retail sales drop 1.2% M/M in July
Germany -0.82%
France -0.97%
The pan-European Stoxx 600 (STOXX) edged 0.81% lower, with retail stocks falling to lead losses on the back of weak U.K. retail sales figures as all sectors and major bourses slid into the red. Stocks set to follow counterparts in Asia-Pacific, where markets fell as investors assessed Japan’s July inflation and as Chinese real estate giant Evergrande filed bankruptcy.
Coming up in the session: Euro area inflation rate expected shortly.
In the bond market, the U.S. 10-year Treasury yield was down 8 basis points to 4.23%.
Germany’s 10-year yield was down 8 basis points to 2.62%.
U.K.’s 10-year yield was down 7 basis points to 4.67%.
Currencies: (EUR:USD) (GBP:USD) (CHF:USD)
ETFs: (EWG), (GF), (EWI), (EWQ), (EWGS), (FGM), (DBGR), (DXGE), (HEWG), (DAX), (FLFR), (FLGR), (FLIY), (FXB), (EWU), (FKU), (EWUS), (HEWU), (FLGB), (GREK)
