European stocks steady as investors weigh corporate results and rate outlook

London (UKX) -0.26%.

Germany (DAX:IND) is almost flat; its GfK Consumer Climate Indicator fell to -30.8 heading into November.

France (CAC:IND) +0.36%.

In other parts of Europe, retail sales in Norway fell 0.4% M/M in September. and its general public domestic loan debt increased by 4.9%.

The pan-European Stoxx 600 (STOXX) was little changed after a two-session rebound as investors assessed the outlook for AI stocks amid strong corporate results. Investors also awaited policy decisions from the Fed, ECB, and BOJ, with all three central banks widely expected to hold rates steady as markets weighed the possibility of rate hikes in December.

On the corporate front, focus will be on German consumer confidence and earnings from UBS Group (UBS), Deutsche Bank (DB), BNP Paribas (BNPQY), Santander (SAN), and Standard Chartered (SCBFF).

In the bond market, 10-year U.S. bond was up 3 basis points to 5.03%.

UK's 10-year yield was up less than 1 basis point to 5.35%.

Germany's 10-year yield was up 3 basis points to 3.38%.

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

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