GF

European markets in green following positive market sentiment

European markets in green following positive market sentiment. The pan-European Stoxx 600 moved 0.22% higher. Overall sentiment in Europe buoyed by gains in Asia and on the Wall Street. In the bond market, the U.S. 10-year Treasury yield was up 3 basis points.

Germany's business confidence rises to 89.40 points in April

Germany's business confidence rises to 89.40 points in April from 87.80 points in March 2024, above market consensus of 88.90. Business confidence in Germany increased to 90.40 in April, up from 89.20 in March. Germany's economy grew by 0.6% in March and 0.7% in April.

European markets in green with London index touching an all-time high

European markets in green with London index touching an all-time high. FTSE 100 hits an intraday record high. The pan-European Stoxx 600 moved 0.52% higher. Tech stocks led gains, while mining stocks fell. U.S. 10-year Treasury yield up less than 1 basis point.

Euro Area's flash composite PMI rises to 11-month high in April

Euro Area's flash composite PMI rises to 11-month high in April. Dlash Composite PMI In the Euro Area increased to 51.40 points in April from 50.30 points in March 2024. Flash Manufacturing PMI decreased to 45.60 points inApril.

Germany's flash manufacturing PMI increased to 42.2 in April

Germany's flash manufacturing PMI increased to 42.2 in April from 41.90 in March 2024. Flash composite PMI in Germany increased to 50.50 points in April, a 10-month high. Flash services PMI also increased to 53.30 in April.

Weekly Report: what happened at GF last week (0415-0419)?

European markets mostly positive after last week's uncertainty

European markets mostly positive after last week's geopolitical tensions. The pan-European Stoxx 600 moved 0.12% higher. Consumer confidence index in Denmark fell to -8.6 in April 2024. U.S. 10-year Treasury yield up 3 basis points to 4.64%.

The Central and Eastern Europe Fund, Inc. and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders

Annual Meeting of Stockholders for each Fund will be held on June 27, 2024. The New Germany Fund, Inc. Is non-diversified and focuses its investments in Germany. Emerging markets tend to be more volatile and less liquid than the markets of more mature countries. Russia’s invasion of Ukraine has adversely affected the Central and Eastern Europe Fund.