US Inflation, ECB Outlooks Lift European Bourses Midday
BY MT Newswires | ECONOMIC | 09/11/25 07:55 AM EDT07:55 AM EDT, 09/11/2025 (MT Newswires) -- European bourses tracked moderately higher midday as traders awaited a rate decision from the European Central Bank (ECB), and the latest US inflation report.
Retail and oil stocks led gainers, while property and tech issues were flat.
Investors also eyed Wall Street futures in the green, and largely higher closes overnight on Asian exchanges, with Tokyo's Nikkei 225 index striking a fresh all-time zenith.
In economic news, the ECB is expected to leave key rates unchanged after a midday policy meeting, but markets will weigh post-decision comments by the central bank's President Christine Lagarde.
The August US consumer price index (CPI) report from Washington, slated for an 8:30 am ET release, will also be parsed for clues to monetary policy at the Federal Reserve.
The pan-continental Stoxx Europe 600 Index was up 0.4% mid-session.
The Stoxx Europe 600 Technology Index was steady, but the Stoxx 600 Banks Index gained 0.4%.
The Stoxx Europe 600 Oil and Gas Index was up 0.5%, and the Stoxx 600 Europe Food and Beverage Index rose 0.3%.
The REITE, a European REIT index, was stable, while the Stoxx Europe 600 Retail Index was up 1%.
On the national market indexes, Germany's DAX was up 0.2%, and the FTSE 100 in London rose 0.5%. The CAC 40 in Paris was up 0.9%, and Spain's IBEX 35 gained 0.3%.
Yields on benchmark 10-year German bonds were higher, near 2.66%.
Front-month North Sea Brent crude-oil futures were down 1% at $66.82 a barrel.
The Euro Stoxx 50 volatility index was down 3.9% to 16.17, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.
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