European indexes touch multi-month highs, STOXX touches fresh record

[Global Business Strategy on Digital Display]
Tom Werner

London (UKX [https://seekingalpha.com/symbol/UKX]) -0.12% to 9,436, pausing after hitting a record high in the prior session

Germany (DAX:IND [https://seekingalpha.com/symbol/DAX:IND]) +0.62% to 24,263, the highest level since August 25

France (CAC:IND [https://seekingalpha.com/symbol/CAC:IND]) +0.84% to 8,033, its highest level since late March, driven by strength in chipmakers. France’s central government budget deficit stood at EUR 157.5 billion at the end of August.

In other parts of Europe, Spain welcomed approximately 11.3 million international tourists in August. The number of people registering as jobless in Spain decreased by 4,846 people from a month earlier to 2.422 million in September.

Consumer prices in Switzerland rose by 0.2% Y/Y in September.

In Europe, attention will turn to Eurozone unemployment data and French budget figures, though no major earnings are due.

The pan-European Stoxx 600 [https://seekingalpha.com/symbol/STOXX] (STOXX) [https://seekingalpha.com/symbol/STOXX] turned 0.48% higher to 567.3, extending the previous session’s rally that drove both benchmarks to fresh record closes.

IN THE BOND MARKET, the yield on the US 10-year Treasury was up less than 1 basis point to 4.11%.

Germany's 10-year yield was up less than 1 basis point to 2.72%.

UK's 10-year yield was down less than 1 basis point to 4.71%.

CURRENCIES: (EUR:USD [https://seekingalpha.com/symbol/EUR:USD]) (GBP:USD [https://seekingalpha.com/symbol/GBP:USD]) (CHF:USD [https://seekingalpha.com/symbol/CHF:USD])

ETFS: (NYSEARCA:EWG [https://seekingalpha.com/symbol/EWG]), (NYSE:GF [https://seekingalpha.com/symbol/GF]), (NYSEARCA:EWI [https://seekingalpha.com/symbol/EWI]), (NYSEARCA:EWQ [https://seekingalpha.com/symbol/EWQ]), (NASDAQ:FGM [https://seekingalpha.com/symbol/FGM]), (NASDAQ:DAX [https://seekingalpha.com/symbol/DAX]), (NYSEARCA:FLGR [https://seekingalpha.com/symbol/FLGR]), (NYSEARCA:FXB [https://seekingalpha.com/symbol/FXB]), (NYSEARCA:EWU [https://seekingalpha.com/symbol/EWU]), (NASDAQ:FKU [https://seekingalpha.com/symbol/FKU]), (BATS:EWUS [https://seekingalpha.com/symbol/EWUS]), (NYSEARCA:FLGB [https://seekingalpha.com/symbol/FLGB]), (NYSEARCA:GREK [https://seekingalpha.com/symbol/GREK])

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