The German bunds remained nearly flat during European trading session Friday amid silent trading hours that witnessed data of little economic significance after the country’s import-export price index disappointed market investors, worsening from the previous reading in July.
The German 10-year bond yield, which move inversely to its price, hovered around -0.574 percent, the yield on 30-year note edged tad nearly 1 basis point up to -0.132 percent and the yield on short-term 2-year too traded flat at -0.738 percent by 10:10GMT.
It will be a busy end to the week for euro area economic data releases, with perhaps most noteworthy the European Commission’s September business and consumer surveys, which arguably offer the most comprehensive guide to economic activity in the euro area, Daiwa Capital Markets reported.
While the flash consumer confidence survey reversed the decline seen in August, the flash PMIs earlier this week suggest that business confidence took a notable turn for the worse in September, the report added.
So, the headline economic sentiment indicator is likely to weaken in September, to leave the quarterly average at its lowest since Q215. Italy’s ISTAT business and consumer sentiment surveys are also due, Daiwa further noted.
Meanwhile, the German DAX edged nearly 1 percent higher to 12,393.63 by 10:15GMT.


Bangladesh GDP Growth Accelerates to 4.6% on Industrial Rebound
Wall Street Falls as Fed Minutes Signal Another Rate Hike
Deere, CNH and AGCO Stocks Fall as FTC Launches Farm Equipment Probe
Gold Prices Hit One-Week High as Oil Falls, Fed Rate Outlook Weighed
Asian Stocks Mixed as OpenAI Revenue Concerns Hit Chipmakers
Oil Prices Rise as Gulf Hurricane and Middle East Supply Risks Mount
Asian Currencies Steady as Dollar Eyes Fourth Weekly Gain 



