{"id":193862,"date":"2025-06-18T07:57:11","date_gmt":"2025-06-18T07:57:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/193862\/"},"modified":"2025-06-18T07:57:11","modified_gmt":"2025-06-18T07:57:11","slug":"stoxx-600-ftse-fed-and-uk-inflation","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/193862\/","title":{"rendered":"Stoxx 600, FTSE, Fed and UK inflation"},"content":{"rendered":"<p>European stocks in mixed territory<\/p>\n<p>We&#8217;re around 25 minutes into Wednesday&#8217;s trading session, and so far there&#8217;s no consensus movement among regional stocks. <\/p>\n<p>The pan-European Stoxx 600 was last seen marginally lower, with sectors in mixed territory. <\/p>\n<p>Major bourses are also pointing in different directions, with Germany&#8217;s <a href=\"https:\/\/www.cnbc.com\/quotes\/.GDAXI\/\" target=\"_blank\" rel=\"noopener\">DAX<\/a> index slightly below the flatline while the <a href=\"https:\/\/www.cnbc.com\/quotes\/.FTSE\/\" target=\"_blank\" rel=\"noopener\">FTSE 100<\/a> and the French <a href=\"https:\/\/www.cnbc.com\/quotes\/.FCHI\/\" target=\"_blank\" rel=\"noopener\">CAC 40<\/a> last seen up by around 0.1%. <\/p>\n<p>\u2014 Chloe Taylor<\/p>\n<p>Airbus shares rise<\/p>\n<p>A JetBlue Airways Airbus A321 departs from Harry Reid International Airport en route to Boston on March 15, 2025, in Las Vegas, Nevada.<\/p>\n<p>Kevin Carter | Getty Images<\/p>\n<p>Ahead of a business update on Wednesday, <a href=\"https:\/\/www.cnbc.com\/quotes\/AIR-FR\/\" target=\"_blank\" rel=\"noopener\">Airbus<\/a> raised the upper end of its dividend payout ratio and confirmed its full-year guidance.<\/p>\n<p>The company said that it would extend &#8220;the upper range of the dividend payout ratio to 30-50% from the current payout ratio of 30-40%.&#8221;<\/p>\n<p>Shares were last seen trading 1.4% higher.<\/p>\n<p>\u2014 Chloe Taylor<\/p>\n<p>Gilts see muted reaction to UK inflation print<\/p>\n<p>U.K. government bonds, known as gilts, strengthened slightly after inflation <a href=\"https:\/\/www.cnbc.com\/2025\/06\/18\/uk-inflation-in-may-2025-.html\" target=\"_blank\" rel=\"noopener\">came in in line with analysts&#8217; expectations<\/a>.<\/p>\n<p>The yield on the benchmark <a href=\"https:\/\/www.cnbc.com\/quotes\/UK10Y-GB\/\" target=\"_blank\" rel=\"noopener\">10-year gilt<\/a> was around 2 basis points lower by 7:07 a.m. in London. Yields on <a href=\"https:\/\/www.cnbc.com\/quotes\/UK2Y-GB\/\" target=\"_blank\" rel=\"noopener\">2-<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/GB20Y-GB\/\" target=\"_blank\" rel=\"noopener\">20-year<\/a> gilts were down by around 1 basis point, while <a href=\"https:\/\/www.cnbc.com\/quotes\/UK5Y-GB\/\" target=\"_blank\" rel=\"noopener\">5-<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/UK30Y-GB\/\" target=\"_blank\" rel=\"noopener\">30-year<\/a> gilt yields remained unchanged.<\/p>\n<p>Bond prices and yields move in opposite directions.<\/p>\n<p>\u2014 Chloe Taylor<\/p>\n<p>UK inflation cools to 3.4% in May, as expected<\/p>\n<p>U.K. inflation cooled slightly to 3.4% in the year to May, <a href=\"https:\/\/x.com\/ONS\/status\/1935215910098268501\" target=\"_blank\">data<\/a> from Britain&#8217;s Office for National Statistics showed on Wednesday.<\/p>\n<p>The reading was in line with analyst expectations.<\/p>\n<p>A month earlier, inflation <a href=\"https:\/\/www.cnbc.com\/2025\/05\/21\/uk-inflation-surges-to-hotter-than-expected-3point5percent-in-april.html\" target=\"_blank\" rel=\"noopener\">unexpectedly surged to 3.5%<\/a>.<\/p>\n<p>\u2014 Chloe Taylor<\/p>\n<p>Tue, Jun 17 202512:00 AM EDT<\/p>\n<p>Good morning, here are the opening calls<\/p>\n<p>A view of the London skyline during sunrise looking east, including Canary Wharf, from Horizon 22, London&#8217;s highest free viewing platform. Picture date: Friday September 15, 2023. <\/p>\n<p>Yui Mok &#8211; Pa Images | Pa Images | Getty Images<\/p>\n<p>Good morning and welcome to CNBC&#8217;s live blog covering European financial market action and the latest regional and global business news, data and earnings.<\/p>\n<p>Futures data from IG suggests sharp falls across European markets at the open, with London&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.FTSE\/\" target=\"_blank\" rel=\"noopener\">FTSE<\/a>\u00a0looking set to open 52 points lower at 8,827, Germany&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.GDAXI\/\" target=\"_blank\" rel=\"noopener\">DAX<\/a>\u00a0down 245 points at 23,447, France&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.FCHI\/\" target=\"_blank\" rel=\"noopener\">CAC 40<\/a>\u00a0down 75 points at 7,665 and Italy&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.FTMIB\/\" target=\"_blank\" rel=\"noopener\">FTSE MIB<\/a> 329 points lower at 39,568.<\/p>\n<p>Global investors continue to assess ongoing fighting between Israel and Iran tensions after <a href=\"https:\/\/www.cnbc.com\/2025\/06\/15\/israel-targets-irans-defense-ministry-tehran-launches-missile-strike.html\" target=\"_blank\" rel=\"noopener\">continued missile attacks and airstrikes<\/a> on Monday.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/06\/15\/oil-prices-jump-after-israel-strikes-energy-facilities-in-iran.html\" target=\"_blank\" rel=\"noopener\">Oil prices<\/a> have risen on supply worries, <a href=\"https:\/\/www.cnbc.com\/2025\/06\/15\/oil-prices-jump-after-israel-strikes-energy-facilities-in-iran.html\" target=\"_blank\" rel=\"noopener\">and the price of gold<\/a> has also increased amid a flight to safe haven assets after the conflict erupted last week.<\/p>\n<p>Those prices rose further overnight, and <a href=\"https:\/\/www.cnbc.com\/2025\/06\/16\/stock-market-today-live-updates.html\" target=\"_blank\" rel=\"noopener\">U.S. stock futures<\/a> turned lower, after U.S. President Donald Trump signaled a further escalation in attacks could be coming <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114695407357588413\" target=\"_blank\" rel=\"noopener\">as he urged Iranians to evacuate Tehran<\/a>.<\/p>\n<p>\u2014 Holly Ellyatt<\/p>\n<p>What to look out for on Wednesday<\/p>\n<p>The U.S. Federal Reserve&#8217;s latest monetary policy decision is due Wednesday afternoon. Fed funds futures are pricing in an almost 100% likelihood that the central bank will keep rates unchanged, as per\u00a0<a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\" rel=\"noopener\">CME&#8217;s FedWatch tool<\/a>,\u00a0despite U.S. President Donald Trump&#8217;s continued pressure on Fed Chief Jerome Powell for a rate cut.<\/p>\n<p>Television stations broadcast Jerome Powell, chairman of the U.S. Federal Reserve, speaking after a Federal Open Market Committee meeting, on the floor of the New York Stock Exchange on May 7, 2025.<\/p>\n<p>Michael Nagle | Bloomberg | Getty Images<\/p>\n<p>Investors will be keeping a close eye on Powell&#8217;s post-meeting comments and for the central bank policymakers&#8217; forecast on rate policy, as the Federal Open Market Committee will be sharing members&#8217; &#8220;dot plot&#8221; of rate expectations.<\/p>\n<p>In Europe, U.K. investors will be keeping a close eye on inflation data from the U.K. for May, with economists expecting the consumer price index to have risen 3.4% in the year to May. Elsewhere, Sweden&#8217;s Riksbank publishes its latest interest rate decision on Wednesday.<\/p>\n<p>There are no other data or major earnings reports due.<\/p>\n<p>\u2014 Holly Ellyatt<\/p>\n","protected":false},"excerpt":{"rendered":"European stocks in mixed territory We&#8217;re around 25 minutes into Wednesday&#8217;s trading session, and so far there&#8217;s no&hellip;\n","protected":false},"author":2,"featured_media":81673,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[5189,51,3085,32,17178,2441,16678,5191,16,15,49],"class_list":{"0":"post-193862","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-breaking-news-europe","9":"tag-business","10":"tag-business-news","11":"tag-donald-trump","12":"tag-jerome-powell","13":"tag-markets","14":"tag-prices","15":"tag-stoxx-600","16":"tag-uk","17":"tag-united-kingdom","18":"tag-united-states"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114703305458417428","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/193862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=193862"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/193862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/81673"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=193862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=193862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=193862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}