Pending Economic Data Steadies European Bourses Midday

BY MT Newswires | ECONOMIC | 11/13/25 06:41 AM EST

06:41 AM EST, 11/13/2025 (MT Newswires) -- European bourses tracked modestly higher midday Thursday as traders digested the end to the US government shutdown, and awaited new market catalysts.

Markets may move following the latest US consumer price index (CPI) bulletin, slated for Thursday, and a raft of economic data from mainland China, scheduled for release on Friday.

Tech stocks led gains on continental trading floors, while oil shares lagged.

SBM Offshore traded up 6.3% midday after Dutch oil-and-gas services outfit reported strong Q3 results and upped guidance.

Investors also eyed muted Wall Street futures, and moderately higher closes overnight on Asian exchanges.

In economic news, euro area industrial production in September increased by a seasonally adjusted 0.2% from August, and by 0.8% in the broader European Union, reported Eurostat. On year in September, industrial production increased by 1.2% in the euro area and by 2% in the EU.

The pan-continental Stoxx Europe 600 Index was up 0.1% mid-session.

The Stoxx Europe 600 Technology Index was up 0.8%, and the Stoxx 600 Banks Index gained 0.4%.

The Stoxx Europe 600 Oil and Gas Index eased 0.4%, while the Stoxx 600 Europe Food and Beverage Index was flat.

The REITE, a European REIT index, rose 0.3%, while the Stoxx Europe 600 Retail Index was down 0.2%

On the national market indexes, Germany's DAX was down 0.5%, and the FTSE 100 in London also lost 0.5%. The CAC 40 in Paris was up 0.6%, and Spain's IBEX 35 was steady.

Yields on benchmark 10-year German bonds were higher, near 2.65%.

Front-month North Sea Brent crude-oil futures were up 0.6% at $63.08 a barrel.

The Euro Stoxx 50 volatility index was down 1.2% at 17.63, indicating below-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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