Germany's GDP growth slowed sharply in the second quarter but still showed an expansion despite the loss of Russian markets, supply chain issues and elevated energy and labor costs.

European markets closed higher and energy prices rose on the rising tensions with Russia and prolonged heat waves and droughts in the region.

Benchmark indexes declined for the third day in the euro zone after private sector contracted for the second month and higher rate worries gripped the market.

European markets plunged and natural gas prices soared after Russia announced unscheduled maintenance for the Nord Stream 1 pipeline.

European markets closed down as investors shake-off rate optimism. The U.S. Fed's minutes of meeting suggested that the sustained rate hikes are likely to continue in the coming months. Also, Germany's wholesale inflation soared in July.

European markets closed down and inflation in the U.K. accelerated to a record four-decade high in July. The GDP growth slowed in the euro area in the second quarter.

European markets closed higher investors looked beyond the weak economic data in the region. Real wages declined in the U.K. and the economic sentiment in the region remained weak.



European markets closed higher after a choppy session. Energy prices declined in the region after weak economic data from China. Germany's wholesale price index declined for the third month in a row in July but remained elevated.

European markets retained a positive bias despite a mixed bag of corporate results. Turkey's current account deficit narrowed. U.K. home price increase expectations moderated but stayed significantly ahead of its long run average.

German inflation in July eased to 7.5% from a year ago and 0.9% on a monthly basis and matched the preliminary estimates. Strong corporate results also helped the market sentiment.

Market indexes in Europe eased after Ukraine and Russia traded accusations over the latest shelling of the largest nuclear power plant in Europe.

European markets closed higher and investor sentiment in the eurozone marginally improved but recession fears lingered. Swiss jobless rate held steady at 2%.

European markets struggled to stay in positive zone and Germany's industrial output expanded at a faster pace in June. Market sentiment in the region was subdued after the cautious outlook from the Bank of England.

European market indexes closed higher and the euro held firm. German factory orders fell less than feared in June. The Bank of England lifted its key lending rate and estimated a deeper and longer recession.



European markets traded lower in volatile trading on the worries that the rising tensions between China and the U.S. may flare up to a trade war.