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European Markets Traded Higher Following China's Broad Stimulus Measures

Sep 24, 2024
Bridgette Randall
European markets advanced after the People's Bank of China announced a broad range of economic stimulus measures to revive faltering economic growth and support weak property markets. 

Eurozone Business Activities Contracted for the Fourth Month, Stocks and Euro Edged Lower

Sep 23, 2024
Bridgette Randall
Business activities in the European Union contracted for the fourth month in a row amid persistent weakness in the manufacturing sector. Germany's SDP narrowly won an election in the Brandenburg state.

European Markets Trimmed Weekly Gains, Mercedes-Benz Lowered Annual Outlook

Sep 20, 2024
Bridgette Randall
European markets trimmed weekly gains after luxury goods and vehicle makers with significant exposure to China led the decliners. Germany's producer price inflation extended its yearlong decline in August, and the UK's retail sales accelerated after warmer weather boosted demand for food and apparel. 

BoE and Norges Bank Held Rates Steady, Passenger Car Registration Dropped 18% In August

Sep 19, 2024
Bridgette Randall
European markets advanced after the Federal Reserve cut its lending rate range by 50 basis points. The Bank of England and the Norges Bank held steady their interest rate range. 

European Markets Lacked Direction, UK Inflation Held Steady at 2.2%

Sep 18, 2024
Bridgette Randall
European markets struggled to advance and traded in a tight range ahead of rate decisions from major central banks. Consumer price inflation in the eurozone was confirmed, and in the UK it held steady at 2.2%.

European Markets Advanced Ahead of Rate Decisions, German Investor Morale Dropped to 11-Month Low

Sep 17, 2024
Bridgette Randall
European markets advanced ahead of rate decisions from major central banks later in the week. German investor sentiment dropped to an 11-month low amid faltering economic recovery and growing problems in the automobile sector. 

Weak China Data Weigh On European Markets, Italy's Trade Surplus Jumps to 3-Year High

Sep 16, 2024
Bridgette Randall
European markets struggled to advance as investors anticipated monetary policy decisions from several major central banks this week.



European Indexes Advanced and Bond Yields Eased, Industrial Output Weakness Extended to July

Sep 13, 2024
Bridgette Randall
Benchmark indexes in France, Germany, and the UK extended weekly gains to 1% a day after the ECB lowered its key lending rates. France's consumer price inflation was revised lower in August, and the Euro Area industrial output extended weakness to the eighteenth month. 

ECB Lowers Rates Second Time as Inflation Slows

Sep 12, 2024
Inga Muller
The European Central Bank lowered its key lending rates by 25 basis points and lowered its GDP growth estimates between 2024 and 2026. The ECB statement noted inflation is high partly because domestic wages are still rising at an elevated pace.

European Markets Jumped 1% Ahead of Widely Anticipated Rate Cut

Sep 12, 2024
Bridgette Randall
European markets jumped around 1% ahead of the widely anticipated rate cut from the European Central Bank. The Bank of England watered down and delayed its banking overhaul for the second time in a year.

Cautious Optimism Prevailed In European Markets Ahead of ECB Rate Decisions

Sep 11, 2024
Bridgette Randall
European markets lacked direction ahead of the release of monetary policy decisions and economic projections on Thursday. The UK's GDP stagnated for the second month in a row in July.

German Inflation Softened In August, UK Jobless Rate Eased to 4.1%

Sep 10, 2024
Bridgette Randall
Germany's inflation in August was confirmed at 1.9%, and the U.K.'s wage growth and jobless rate matched market expectations. 

European Markets Attempted a Rebound Ahead of Monetary Policy Decisions Later This Week

Sep 9, 2024
Bridgette Randall
European markets rebounded from the previous week's decline of 3% and looked ahead to the expected interest rate cuts and inflation updates later in the week. 

European Markets Extend Losses to Fifth Consecutive Day, Eurozone Q2 GDP Growth Revised Lower

Sep 6, 2024
Bridgette Randall
European markets struggled to advance for the fifth session in a row amid rate path worries and economic growth anxieties. The Euro Area second quarter GDP growth was revised slightly lower, and Germany's trade surplus dropped to a four-month low.



European Markets On Hold Amid Global Rate Path and Economic Growth Uncertainties

Sep 5, 2024
Bridgette Randall
European markets lacked direction and hovered near two-week lows amid the global rate path and economic growth uncertainties. Retail sales in the eurozone declined in July from a year ago, but Germany's factory orders rose unexpectedly.