European markets in green, led by tech shares, as U.S. inflation data looms

London (UKX) -0.01%, but lagging gains across continental European markets.

Germany (DAX:IND) +0.11%. Germany’s wholesale prices jumped by 8.7% Y/Y in September.

France (CAC:IND) +0.40%.

In other parts of Europe, Spain’s annual inflation rate was confirmed at 4.9% in September.

Industrial production in Hungary increased 8.7% Y/Y in August.

Household spending in Sweden rose 1.1% M/M in September. Sweden’s annual inflation rate rose to 1.1%.

Finland’s annual inflation rate rose to 2.5% in September.

The pan-European Stoxx 600 (STOXX) edged 0.22% higher to 636.5, as investors assessed dovish signals from a Federal Reserve official while awaiting key US inflation data. Gains were led by the technology sector following upbeat results from ASML.

In the bond market, the U.S. bond was down 2 points to 5.19%.

UK's 10-year yield was down 6 basis points to 5.40%.

Germany's 10-year yield was down 2 basis points to 3.45%.

Currencies: (EUR:USD) (GBP:USD) (CHF:USD)

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