European Bourses Track Higher Midday Wednesday as Investors Eye Possible Fed Rate Cut in September

07:40 AM EDT, 08/13/2025 (MT Newswires) -- European bourses tracked higher midday Wednesday, along with global markets, as investors anticipate a possible rate cut from the US Federal Reserve in September based on the country's July inflation data.

Wall Street futures were also advancing in early US premarket hours, while most Asian markets closed higher the same trading day.

The pan-continental Stoxx Europe 600 Index was up 0.4% mid-session.

The Stoxx Europe 600 Oil and Gas Index was off 1%, while the Stoxx Europe 600 Technology Index was 1.3% higher. The Stoxx 600 Banks Index and Stoxx Europe 600 Insurance Index were up 0.5%.

The REITE, a European REIT index, advanced by 0.4%.

In other regional news, final data from the National Statistics Institute showed that Spain's annual inflation accelerated to 2.7% in July from 2.3% in June. On a monthly basis, consumer prices in Spain were down 0.1%, in line with the initial reading.

On the national market indexes, Germany's DAX was up 0.8%; the FTSE 100 in London was 0.1% higher; the CAC 40 in Paris gained 0.5%, and Spain's IBEX 35 advanced 1%.

Yields on benchmark 10-year German bonds came in at 2.7%.

Front-month North Sea Brent crude-oil futures were down 0.6% at $65.70 per barrel.

The Euro Stoxx 50 volatility index was 2.6% lower at 16.29. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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