European markets open lower as investors await Eurozone inflation
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London -0.31%
Germany -0.87%
France -0.76%
ECB president, Christine Lagarde said, ''We still have to pursue higher rates, don't know the peak yet''
The pan-European Stoxx 600 -0.54% in early trade as investors braced themselves for the release of euro zone inflation data after Spain, France, and Germany inflation figures hotter than expected for February.
Coming up in the session: Eurozone inflation and unemployment rate on the charts.
In the bond market, The yield on US 10-year Treasuries was up three basis point to 4.02%.
Germany’s 10-year yield was up two basis point to 2.73%.
Britain’s 10-year yield was up one basis point to 3.85%.
ETFs: (EWG), (GF), (EWI), (EWQ), (EWGS), (FGM), (DBGR), (DXGE), (HEWG), (DAX), (FLFR), (FLGR), (FLIY), (FXB), (EWU), (FKU), (EWUS), (HEWU), (FLGB).