European markets mixed on Wednesday, UK equities rise on BoE minutes

The German DAX 30 (+0.07%) is up after the release of German January CPI and HICP, that dropped to +1.7% and +1.9% (YoY) in line with consensus. January PPI rose from 1.5% to 1.7% (YoY), instead of easing to 1.2%, as data rose +0.8% on the month (consensus of +0.3%).

The French CAC 40 (-0.23%) eases despite better French business climate, from 87 (revised from 86) to 90 in February. French CPI data (EU normalized) fell -0.6% (MoM) to an annualized drop from 1.5% to 1.4%, both figures below consensus.

The Italian FTSE MIB (-0.27%) eases on plunging Industrial Orders (from -6.7% to -15.3%) in December (YoY), and Industrial Sales (from -5.4% to -6.3%)

The British FTSE 100 (+0.28%) is rising today on the BoE meeting minutes. Governor Mervyn King's wishes of more QE at the last MPC meeting were defeated in a 6-3 vote to keep things as they are.

Futures for the American S&P 500, Nasdaq 100 and Dow Jones are signaling a slightly lower opening ahead of the NY session and US PPI data.