Central Bank Views, Interest Rate Moves Cap Europeans Bourses Midday
BY MT Newswires | ECONOMIC | 12/08/25 06:48 AM EST06:48 AM EST, 12/08/2025 (MT Newswires) -- European bourses were mixed midday Monday as traders awaited interest rate decisions this week from the US Federal Reserve, the Swiss National Bank, the Reserve Bank of Australia, and the Bank of Canada.
Yields on benchmark German, Japanese, and US government 10-year bonds inched higher in trading.
The European Central Bank and the Bank of Japan will also render rate decisions later this month.
Tech stocks led muted gains on continental trading floors, while food and oil shares lagged.
Investors also eyed Wall Street futures modestly flashing green and uneven overnight closes on Asian exchanges, although Seoul and Taiwan moved higher on tech-sector strength.
In other news, Eurozone investor confidence improved to a negative 6.2 in December, from a negative 7.4 in November, reported Sentix.
The pan-continental Stoxx Europe 600 Index was steady mid-session.
The Stoxx Europe 600 Technology Index was up 0.3%, and the Stoxx 600 Banks Index lost 0.1%.
The Stoxx Europe 600 Oil and Gas Index eased 0.5%, while the Stoxx 600 Europe Food and Beverage Index declined 0.7%.
The REITE, a European REIT index, fell 0.4%, while the Stoxx Europe 600 Retail Index was down 0.4%.
On the national market indexes, Germany's DAX was up 0.2%, and the FTSE 100 in London lost 0.2%. The CAC 40 in Paris was down 0.2%, and Spain's IBEX 35 eased 0.1%.
Yields on benchmark 10-year German bonds were higher, at 2.84%.
Front-month North Sea Brent crude oil futures were down 1% at $63.13 a barrel.
The Euro Stoxx 50 volatility index was up 2.9% at 16.24, but still indicates 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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