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European markets in green as investors analyze ECB decision impact

da-kuk/E+ via Getty Images London (UKX) +0.13% Germany (DAX:IND) +0.68% France (CAC:IND) +0.54% France inflation drops to 1.8% in August. The annual inflation rate in Slovakia increased to 2.8% in August. Industrial production in Hungary declined by 1.3% Y/Y in July. Hungary's construction output shrank by 6.2% Y/Y in July. Industrial production in Romania fell by 3.9% Y/Y in July. Finland’s gross domestic product stalled in July 2024, following an upwardly revised 2% rise in the previous month. The annual inflation rate in Finland stood at 1.2% in August. The pan-European Stoxx 600 (STOXX) moved 0.59% higher, as traders continue to focus on the monetary policy outlook in the U.S. The ECB cut interest rates on Thursday as expected, but policymakers didn't provide much indication about future approach saying they will continue to follow a data-dependent and approach. Coming up in the session: Euro Area industrial production expected shortly. In the bond market, the U.S. 10-year Treasury yield was down 4 basis points to 3.64%. Germany's 10-year yield was down 3 basis points at 2.13%. U.K.'s 10-year yield was down 2 basis points to 3.77%. Currencies: (EUR:USD) (GBP:USD) (CHF:USD) ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (DAX), (FLGR), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)

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