The GDP growth in the eurozone accelerated in the third quarter, and four leading economies of the region reported better-than-expected activities. Investors reacted to a mixed batch of earnings, including results from Volkswagen, UBS, Standard Chartered, and GSK.

European market indexes looked up, and investors reviewed the latest batch of corporate results. German consumer sentiment improved for the second month in a row, and the U.K.'s retail prices fell at the fastest pace in over three years in October. 

Energy explorers traded down and airlines advanced after crude oil prices fell 5% amid signs of cooling tensions between Iran and Israel. Philips NV lowered its annual outlook citing demand weakness in China.

European markets traded around the flatline in a busy week of earnings and economic releases. Investors are still holding out for aggressive rate cuts by the European Central Bank. Spain's retail sales rose at the fastest pace in eighteen months in September.

European markets lacked direction as investors reassessed future rate actions by the European Central Bank. For the week, benchmark indexes in Paris, London, and Frankfurt extended weekly losses. The Bank of Russia hikes key lending rate to 21%.

Hermes International reported a rise in third quarter sales despite headwinds in Greater China. Danone SA said third-quarter organic sales were ahead of expectations. Abrdn reported higher-than-expected asset outflow in the third quarter. Michelin said annual sales volumes may decline as much as 6%.

Positive earnings from leading industrial companies in Europe supported market gains and halted a three-day slide.



European markets struggled to advance for the fourth session in a row, and investors reviewed the fresh batch of earnings.

European stock market indexes struggled to advance for the second day in a row, and investors reacted to the fresh batch of earnings. Passenger car registrations declined for the second month in a row in September. 

European markets struggled to advance after rising in the previous two consecutive weeks. Germany's producer prices fell for the 15th month in a row, driven by an ongoing decline in energy prices.

European markets advanced about 1% in the week after the ECB lowered its key lending rates for the third time in 2024 and signaled possible rate cuts in the future. 

Nokia reiterated its annual earnings outlook. Nestle SA said nine-month sales declined from a year ago, partly because of foreign exchange headwinds. Nordea Bank launched a new stock buyback plan. Pernod Ricard said weak demand in China dragged down overall sales. 

European markets advanced after the European Central Bank lowered its key lending rates by 25 basis points, as widely anticipated. Inflation in the currency union fell below the target rate of 2% for the first time in over three years.

European markets traded down amid rate anxieties compounded by weak results from LVM and ASML Holdings. The overall inflation in the UK edged lower in September, but the core rate of inflation eased at a slower pace.



European markets struggled to stay above the flatline after advancing for two days in a row. Germany's wholesale price deflation accelerated in September, and France's monthly consumer price inflation fell at the fastest pace since record-keeping began in 1990.