London (UKX) -0.3%
Germany (DAX:IND) +0.03%
France (CAC:IND) -0.01%
Turkey’s trade deficit shrank to $6.23 billion in January, from $14.29 billion in the corresponding month of the previous year, as exports rose while imports dropped.
The pan-European Stoxx 600 (STOXX) ticked 0.08% lower on Wednesday with sectors trading in mixed territory, as investors continue to trade with caution. Mining stocked moved lower, while telecom gained. Shares of Vodafone (VOD) climbed after the company confirmed advanced talks with Swisscom (OTCPK:SCMWY) over the sale of its Italian business for 8 billion euros ($8.7 billion) in cash. On the economic data front, U.S. inflation reading is due on Thursday while the euro zone will weigh in on Friday, and both are expected to dominate market action.
Coming up in the session: Eurozone economic, industrial and services sentiment for February, as well as eurozone consumer confidence data coming up shortly.
In the bond market, the U.S. 10-year Treasury yield (US10Y) was down 2 basis points to 4.29%.
Germany’s 10-year yield was down less than 1 basis point to 2.45%.
U.K.’s 10-year yield was down 2 basis points to 4.18%.
Currencies: (EUR:USD) (GBP:USD) (CHF:USD)
ETFs: (EWG), (GF), (EWI), (EWQ), (EWGS), (FGM), (DBGR), (DAX), (FLFR), (FLGR), (FLIY), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)
