European markets struggled after the U.S. debt ceiling talks showed no progress and German GDP in the first quarter was downwardly revised to a contraction, entering the economy into a technical recession.
Benchmark indexes in Europe turned sharply lower after the U.S. debt ceiling talks stalled as the default date approached. The yields on German, French, Italian and the UK bonds inched higher.
European markets extended weekly gains after positive corporate earnings lifted market sentiment supported by the progress in debt limit talks in the U.S.
European markets rebounded and benchmark indexes in Germany and France reached new highs surpassing the previous highs in January 2022. Spain narrowed its trade deficit in March and Italy's trade surplus expanded.
European markets edged lower after core inflation stayed near record high in April. Passenger car registration growth slowed in April but Spain, Italy, France and Germany registered sharp gains.
European markets barely budged amid flood economic data from the Euro Area, UK, China and India. GDP in the Euro Area barely expanded in the first quarter and employment rose in the currency union. China's weaker-than-expected data showed uneven economic rebound.
European markets advanced after the European Commission revised higher its annual economic growth outlook for the region. The Euro Area inflation industrial production declined significantly in March and
the German wholesale inflation index eased in April.
European markets traded in a tight range and reviewed the latest inflation reports from the U.S. and China. The Bank of England lifted its key lending rate twelfth time in a row and said inflation will decline at a slower pace than previously estimated.
European markets hovered near recent highs and investors reacted to the latest corporate results. The U.S. dollar edged higher ahead of the inflation report and bond yields in the region inched up slightly.
European markets looked down and investors stayed on the sidelines ahead of two U.S. inflation reports later in the week. Crude oil rebounded from a six-week low and French trade deficit improved in March on lower cost of energy imports.
European markets hugged the flatline and investors digested the latest rate hikes in the U.S. and the Euro Area last week. Regional banks and commercial real estate sectors are expected to bear the initial brunt of the current wave of interest rate shocks.
European markets rebounded on the final day of the week and trimmed weekly losses. Crude oil edged higher after dropping as much as 10% in the week. The Euro Area retail sales declined in March and German factory orders plunged on volatile transportation and defense orders.
European markets traded lower ahead of the ECB rate decision. Crude oil drifted lower in active trading on the global demand growth worries. Italian service expanded at a faster pace in April and the pace of increase rose to a 20-month high.
European markets rebounded and the eurozone jobless rate reached a new low. Crude oil prices continued to drift lower amid growing anxieties of global economic slowdown.
