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.
European markets were cautious ahead of rate decisions this week and inflation accelerated in April on faster service inflation. Benchmark indexes trended lower on the worries of the impact of higher rates on commercial real estate.
European markets extended losses in the week after the Euro Area GDP barely expanded in the first quarter, raising the prospect of more weakness in the quarters ahead. Aggressive rate hikes and elevated inflation are impacting aggregate demand in the currency union.
Benchmark indexes in Europe hovered near one-year high in cautious mood despite positive earnings from leading corporations in the UK, Germany, France and Holland. The euro traded at a one-year high.
European markets lacked direction despite several industrial, retail and travel related companies reporting better-than-expected quarterly results. Santander topped estimates but UBS earnings plunged on higher legal provisions.
European markets traded sideways amid lingering economic slowdown worries and ahead of earnings from leading banks in the region. Resource stocks extend losses on the ongoing weakness in commodities prices.
European stocks traded in a tight range with a slight upward bias after private surveys showed improving business activities in the Euro Area, Germany and UK. Retail sales in the UK fell more than expected after poor weather conditions dampened activities.
European markets paused for the second day in a row and hovered near record highs as investors digested a fresh batch of earnings. The Euro Area international goods trade swung to surplus in February. Germany's wholesale price inflation fell sharply.
