01:20 PM EDT, 09/12/2024 (MT Newswires) -- German Bunds Thursday made losses as the European Central Bank cut rates but left its projections little changed and President Christine Lagarde gave no indication that the Governing Council feels any urgency to cut rates again in October, said Daiwa Capital Markets.

Gilts made losses while a United Kingdom residential market survey signaled a gradual pickup in sales and house prices ahead, noted the bank.

Friday will bring data for eurozone industrial production (IP), French inflation and UK consumer price expectations, added Daiwa.

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