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French Inflation Rate MoM Final (Apr) M/M 1.0% vs. Exp. 1% (Prev. 1%, Low. 1%, High. 1.1%)

The final inflation rate in France for April came in line with expectations at 1.0% month-over-month, indicating stability in price pressures.

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European Movers: Merck (MRK GY) +8.1%, ABN AMRO (ABN NA) +7.5%, Babcock (BAB LN) +2.9%, Allianz (ALV GY) +1.7%, Siemens (SIE GY) -1.3%, Deutsche Telekom (DTE GY) -1.5%, Hapag Lloyd (HLAG GY) -1.5%

US Treasury Secretary Bessent and Vice Premier He concluded talks, sources state (details light)

French Inflation Rate MoM Final (Apr) M/M 1.0% vs. Exp. 1% (Prev. 1%, Low. 1%, High. 1.1%)

ECB's Radev says once again, seeing an external price shock

ECB's Rehn says inflation expectations are still anchored

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This consistency aligns with recent trends, suggesting that inflation is being managed effectively, which might influence ECB policy in the upcoming meetings. Traders will likely keep an eye on how this data impacts the euro and broader market sentiment across Europe.

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