European markets advanced on Friday and are set to close fractionally higher in the week after falling for three weeks in a row. German economy stagnated in the second quarter after shrinking for two quarters in a row.
European markets advanced after a rally in chipmakers supported an advance in broader market indexes. Energy sector was in focus after crude oil prices fell to five-month on growing demand supply imbalance.
European stock markets lacked direction, bond yields traded near recent highs and the euro and the pound drifted lower. The latest survey of business activities showed sharp contraction in manufacturing and services sectors.
European markets advanced and investors hunted for bargains in energy, tech and industrial stocks. Natural gas prices rose for the fifth session in a row on the rising worries of a possible strike at LNG terminals in Australia.
European markets extended weekly losses for the third week and market indexes declined for the fourth day in a row on rising global economic uncertainties and shifting sentiment in favor of another rate hike.
European stocks struggled and sovereign bond yields edged higher on the renewed worries of another U.S. rate hike. The U.S. dollar traded near a two-month high.
European markets rebounded and the economy expanded in the second quarter in the Euro Area and industrial production unexpectedly rose June. Consumer price inflation in the UK eased in July.
European markets traded higher in cautious trading after Japan reported a surge in second quarter economic growth but China missed economic estimates. The People's Bank of China lowered its key lending rates.
European markets traded sideways and struggled to advance on the persistent worries of elevated inflation level and weakening global economic backdrop after property sector woes in China deepened.
European market indexes extended weekly losses after volatile trading on the persistent worries of economic uncertainties and hawkish interest rate outlook. Natural gas prices traded near a 2-month high.
European markets advanced and investors reacted to corporate earnings releases. Bond yields held steady in the region. Crude oil traded at a 9-month high and natural gas stayed higher after surging nearly 40% in the previous two sessions.
Banks recovered from losses in the previous session after Italy clarified the windfall tax level. European natural gas prices rose to a two-week high on LNG supplies worries from the U.S.
European markets dropped and banks led losers after Italy imposed windfall tax on banks to finance tax cuts and support first time home buyers. Resource stocks declined after China's exports and imports weakened for the third month in a row.
European markets attempted a rebound and German industrial production unexpectedly declined on the weakness in automobile production. The UK home prices edged slightly lower but remained elevated in July.
