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European Markets Extend Weekly Losses, French Bond Risk Premium Soares to a 4-year High

Jun 14, 2024
Bridgette Randall
European markets extended weekly losses to between 2% and 4% after France's political realignment, which could change the balance of power after the snap election in two weeks. The spread between the French and German bond yields soared to a multi-year high. 

European Markets Turn Lower Amid Rising Trade Tensions with China

Jun 13, 2024
Bridgette Randall
The European Commission imposed additional tariffs on electric vehicles imported from China, and Beijing is likely to retaliate with its own tariffs on European products.

European Markets Halted a two-day Selloff, French Politics In Uncharted Territory

Jun 12, 2024
Bridgette Randall
European stocks and bonds rebounded after a two-day selloff following Sunday's European Parliament election results. French bond yields remained under pressure after the French president dissolved parliament and announced a surprise election that could lead to political gridlock until the next presidential election in 2027. 

European Markets Drop for the Second Day Amid Growing Political Uncertainty in France and Germany

Jun 11, 2024
Bridgette Randall
European market indexes declined for the second day in a row amid political turmoil in France and growing uncertainty in Germany.

European Markets Drop Amid Fresh Political Uncertainties After Far-right Parties Make Significant Gains In EU Elections

Jun 10, 2024
Bridgette Randall
French President Macron called for snap legislative elections after the far-right National Rally Party made significant inroads in the European Union elections on Sunday.

Germany's Trade Surplus Soared In April, UK Home Prices Accelerated In May

Jun 7, 2024
Bridgette Randall
Germany's trade surplus soared and France's trade deficit widened in April. UK home prices accelerated for the second month in a row. German industrial production dropped at a slower pace in April. 

ECB Lowered Rates by 0.25% and Signaled Restrictive Stand

Jun 6, 2024
Bridgette Randall
The European Central Bank lowered its three key lending rates by 25 basis points but stressed that its policy stand is likely to remain restrictive because domestic price pressures are still elevated. 



Eurozone Retail Sales Dropped In April, German Factory Orders Unexpected Eased In April

Jun 6, 2024
Bridgette Randall
European markets advanced ahead of monetary policy decisions by the European Central Banks later today. German factory orders unexpectedly fell in April. Retail sales in the eurozone fell more than expected in April. Switzerland's jobless rate held steady in May.

Eurozone PPI Eased Sixth Consecutive Month, France's Industrial Output Rebounded In May

Jun 5, 2024
Bridgette Randall
Producer prices in the eurozone declined on a monthly basis for the sixth month in a row due to the persistent softness in energy prices. France's industrial output rebounded in May. 

Germany's Jobless Rate Held Steady for the 6th Consecutive Month, UK's Retail Sales Growth Slowed In May

Jun 4, 2024
Bridgette Randall
European stock market indexes struggled to rise above the flatline ahead of the ECB's rate decision on Thursday. Germany's jobless rate held steady for the sixth month in a row. Total retail sales in the U.K. rose at a sharply slower pace in May.

Rate Cut Hopes Lift European Markets 1%, Manufacturing Downturn Eases In May

Jun 3, 2024
Bridgette Randall
The European Central Bank is widely anticipated to begin its rate-cut cycle with the first cut this week. Market indexes rebounded after falling sharply in the previous three consecutive weeks on the worry of resurgent inflation. 

Euro Area Bond Yields Advanced After Inflation Rebounded In May

May 31, 2024
Bridgette Randall
Consumer price inflation in the eurozone rebounded for the first time in five months as governments in the currency union withdrew energy subsidies. Bond yields jumped to six-month highs. The benchmark indexes in Germany trimmed monthly gains and in France turned negative. 

European Union Jobless Rate Dropped to Record Low, Spain's Inflation Accelerated In May

May 30, 2024
Bridgette Randall
Stock market indexes rebounded, and bond market selloffs paused in Europe. The jobless rate in the European Union dropped to a record low, but the youth unemployment rate remained near its recent high. Spain's consumer price inflation accelerated for the third month in May. 

European Stocks Face Selling Pressure After Bond Yields Advance

May 29, 2024
Bridgette Randall
The global bond market selloff dragged down stock market indexes in the Euro Area. The yield on the 10-year German Bund approached a six-month high. The Japanese yen approached a record low against the euro on the worry that the wide interest rate differential is likely to persist. 



European Indexes Struggled to Advance, Germany's Wholesale Price Decline Slowed In April

May 28, 2024
Bridgette Randall
European indexes struggled to advance ahead of inflation reports. Germany's wholesale price index declined at the slowest pace in nearly 30 months.