Major European indices trade on a lower note while Spain’s IBEX (-0.2%) outperforms slightly.
There are growing concerns over the recent rise in Greek and Italian yields relative to Germany’s yields. British Prime Minister Johnson is reportedly facing pressure from members of his party to lower taxes. French Finance Minister Le Maire repeated that he expects inflation to begin easing early next year. The European Central Bank will release its latest policy statement tomorrow.
—Equity Markets—
STOXX Europe 600: -0.9%
Germany’s DAX: -0.7%
U.K.’s FTSE 100: -0.6%
France’s CAC 40: -1.0%
Italy’s FTSE MIB: -0.6%
Spain’s IBEX 35: -0.2%