European markets rebounded after Germany's wholesale inflation dropped at a record pace in August and consumer price inflation in the UK eased to the level last seen eighteen months ago.
European markets are on hold as investors await interest rate decisions from several banks this week. European bond yields edged higher and the yields on German bonds hovered near 6-month high. Brent crude traded at a 10-month high.
Investors in Europe awaited central bank decisions in Sweden, Switzerland, U.K., U.S., Japan and Norway. In cautious trading, bond market yields advanced and stock market indexes eased after a week of advance.
European markets advanced for the second day in a row after the European Central Bank signaled it may pause its aggressive rate hike campaign and evaluate the cumulative impact of ten interest rate hikes on the economy.
European markets lacked direction ahead of the rate decisions by the European Central Bank. Crude oil edged higher and the euro traded near a three-month low.
European markets traded mixed ahead of interest rate decisions. The UK reported sustained elevated weekly average wage growth in the three-month period to July. German wholesale price inflation eased for the fifth month in a row in August.
European markets traded higher after closing down for eight days in a row and the European Commission lowered its economic growth outlook for the currency union.
European markets struggled for the seventh day in a row on the ongoing economic growth worries in the region. The Euro Area second quarter GDP growth was revised lower and Germany's industrial output fell for the third month in a row.
European market indexes traded near one-week lows after economic growth worries dominated market sentiment. The Euro Area retail sales declined for the tenth month in a row and German factory orders dropped sharply on the weakness in volatile transportation orders.
European markets drifted lower as growth and rate hikes worries dominated market sentiment after producer price decline accelerated and growth slowed weak outlook for manufacturing and services growth.
European markets traded higher and investors reacted to global developments. German trade surplus edged lower after exports fell more than imports. The Swiss economy stalled in the second quarter after international trade contracted.
European markets traded higher and a private manufacturing survey showed ongoing weakness in the Euro Area. UK home prices fell at the fastest pace in more than 14 years.
European markets lacked direction after inflation rebounded in Spain and some German states. European automobile registration accelerated in July but lagged from the level in 2019.
European markets extended gains, the dollar retained a slightly upward bias in volatile trading. Spanish retail sales surged at the fastest pace in July after non-food store sales accelerated.
