European indexes mixed awaiting ECB interest rate decision

[Global Business Strategy on Digital Display]
Tom Werner

London (UKX [https://seekingalpha.com/symbol/UKX]) +0.61% to 9,756

Germany (DAX:IND [https://seekingalpha.com/symbol/DAX:IND]) -0.64% to 24,124.

France (CAC:IND [https://seekingalpha.com/symbol/CAC:IND]) -0.19% to 8,201. France Q3 GDP expands more than estimates [https://seekingalpha.com/news/4511019-france-q3-gdp-expands-more-than-estimates#source=url_first_level%3Amarket-news%7Csection%3Amarket-pulse%7Csection_asset%3Anews_title].

Household consumption in France unexpectedly rose 0.3% month-on-month in September.

In other parts of Europe, Hungary’s GDP grew by 0.6% Y/Y in Q3.

Spain's annual inflation rises to 3.10% in October [https://seekingalpha.com/news/4511014-spains-annual-inflation-rises-to-310-in-october#source=url_first_level%3Amarket-news%7Csection%3Amarket-pulse%7Csection_asset%3Anews_title].

The economy of Lithuania declined by 0.2% Q/Q in Q3.

The unemployment rate in Denmark stood at 2.6% in September.

Retail sales in Sweden rose 4.3% Y/Y in September.

Business confidence in the Netherlands rose to -0.8 in October.

The pan-European Stoxx 600 [https://seekingalpha.com/symbol/STOXX] (STOXX) [https://seekingalpha.com/symbol/STOXX] little changed around the $575 level, as investors tracked global trade developments and key central bank decisions. The European Central Bank is widely expected to keep interest rates unchanged for a third consecutive meeting on Thursday, as policymakers remain cautious amid signs of a resilient economy and moderating inflation pressures.

Meanwhile, the U.S. Federal Reserve cut rates by 25 bps, while the Bank of Japan kept rates steady on Thursday.

On the corporate front, companies like AltaGas (OTCPK:ATGFF [https://seekingalpha.com/symbol/ATGFF]), Repsol (OTCQX:REPYY [https://seekingalpha.com/symbol/REPYY]), Standard Chartered (OTCPK:SCBFF [https://seekingalpha.com/symbol/SCBFF]), Volkswagen (OTCPK:VWAGY [https://seekingalpha.com/symbol/VWAGY]), Takeda Pharmaceuticals (TAK [https://seekingalpha.com/symbol/TAK]) are expected to give quarterly reports today.

COMING UP IN THE SESSION: Germany's inflation numbers, ECB interest rate decision.

In the bond market, the yield on the US 10-year Treasury was up 2 basis points to 4.08%.

Germany's 10-year yield was up 3 basis points to 2.64%.

UK's 10-year yield was down 1 basis point to 4.36%.

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])

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