Europe markets steady as U.S.-China negotiations take center stage

[Global Business Strategy on Digital Display]

London (UKX [https://seekingalpha.com/symbol/UKX]) +0.07%. UK's economy posts strongest quarterly growth [https://seekingalpha.com/news/4592700-uks-economy-posts-strongest-quarterly-growth-in-a-year] in a year. Pressure continued to mount on Prime Minister Starmer amid growing calls for his resignation.

Germany (DAX:IND [https://seekingalpha.com/symbol/DAX:IND]) +1.04%, outperforming its European peers.

France (CAC:IND [https://seekingalpha.com/symbol/CAC:IND]) +0.46%.

In other parts of Europe, Spain's inflation drops to 3.2% in April [https://seekingalpha.com/news/4592708-spains-inflation-drops-to-32-in-april#source=url_first_level%3Amarket-news%7Csection%3Amarket-pulse%7Csection_asset%3Anews_title].

Slovakia’s annual inflation rate rose to 3.9% in April.

The Polish economy grew by 3.4% Y/Y in Q1.

The pan-European Stoxx 600 [https://seekingalpha.com/symbol/STOXX] (STOXX) [https://seekingalpha.com/symbol/STOXX] traded 0.34% higher to 613.5, as investors digested a fresh wave of corporate earnings. Market attention turns to the two-day summit between U.S. President Trump and Chinese President Xi.

In the bond market, the yield on the US 10-year Treasury was down 2 basis points to 4.46%.

UK's 10-year yield was down 2 basis points to 5.05%.

Germany's 10-year yield was down 3 basis points to 3.08%.

Currencies: (EUR:USD [https://seekingalpha.com/symbol/EUR:USD]) (GBP:USD [https://seekingalpha.com/symbol/GBP:USD]) (CHF:USD [https://seekingalpha.com/symbol/CHF:USD])

ETFs: (NYSEARCA:EWG [https://seekingalpha.com/symbol/EWG]), (NYSE:GF [https://seekingalpha.com/symbol/GF]), (NYSEARCA:EWI [https://seekingalpha.com/symbol/EWI]), (NYSEARCA:EWQ [https://seekingalpha.com/symbol/EWQ]), (NASDAQ:FGM [https://seekingalpha.com/symbol/FGM]), (NASDAQ:DAX [https://seekingalpha.com/symbol/DAX]), (NYSEARCA:FLGR [https://seekingalpha.com/symbol/FLGR]), (NYSEARCA:FXB [https://seekingalpha.com/symbol/FXB]), (NYSEARCA:EWU [https://seekingalpha.com/symbol/EWU]), (NASDAQ:FKU [https://seekingalpha.com/symbol/FKU]), (BATS:EWUS [https://seekingalpha.com/symbol/EWUS]), (NYSEARCA:FLGB [https://seekingalpha.com/symbol/FLGB]), (NYSEARCA:GREK [https://seekingalpha.com/symbol/GREK])

MORE ON EUROPE

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* GBP/USD Potential Bullish Reversal Above 20-Day Moving Average [https://seekingalpha.com/article/4901205-gbpusd-potential-bullish-reversal-above-20-day-moving-average]
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* UK's economy posts strongest quarterly growth in a year [https://seekingalpha.com/news/4592700-uks-economy-posts-strongest-quarterly-growth-in-a-year]
* Euro Area GDP expected to rise 0.1% in Q1 [https://seekingalpha.com/news/4591882-euro-area-gdp-expected-to-rise-01-in-q1]