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STOXX Europe 600

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537 stories mentioning STOXX Europe 600Updated just now

Hit fresh record highs after Tehran and Washington said the Strait of Hormuz would reopen as part of peace negotiations.

International

Flash PMI: Eurozone Private Sector Downturn Eases in June

The euro area's private sector activity downturn eased in June amid a softer decline in services activity and a modest growth in manufacturing production.The seasonally adjusted S&P Global Flash Eurozone Composite PMI Output Index hit a three-month high of 49.5, higher than the previous 48.5 and expected 49.1, flash data from S&P Global showed Tuesday.Meanwhile, the services PMI reached a three-month high of 48.9, compared with the earlier reading of 47.7 and the Investing.com market forecast of 48.6. On the manufacturing side, the PMI edged down to a four-month low of 51.3, against the prior and consensus estimate of 51.6.

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International

Spain's Trade Deficit Widens in April

Spain recorded a trade deficit of 5.17 billion euros in April, compared with 4.37 billion euros in March, according to government data published Tuesday.Exports fell 4.1% on a monthly basis to 34.39 billion euros, while imports edged down 1.7% to 39.56 billion euros.

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International

German Private Sector Contraction Speeds Up in June, Flash Data Shows

German private sector businesses saw a faster decline in activity in June, led by the service sector, as underlying demand remained weak, flash data from S&P Global showed Tuesday.The Flash Germany Composite PMI Output Index slumped to an 18-month low of 48 in June, from the May reading of 48.8 and consensus estimate of 49.9, signaling the third consecutive month of contraction.For the manufacturing sector, the PMI was at a five-month low of 50, against the prior reading of 50.1 and the forecast of 50.3 from Investing.com. On the services side, the PMI hit a 43-month low of 46.8, compared with the previous 48.1 and consensus estimate of 49.

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International

Flash PMI: French Private Sector Contraction Eases in June

France's private sector economy remained in contraction territory in June, but the pace of the downturn decelerated sharply with both manufacturing and services segments posting softer output declines, data from S&P Global showed Tuesday.The S&P Global Flash France Composite PMI Output Index hit a two-month high of 47.6 in June, against the prior reading of 44.9 and the expected 46.For the manufacturing sector, the PMI was also at a two-month high of 50.7, higher than the May figure of 49.7 and consensus estimate from Investing.com of 50.2. Meanwhile, the services PMI clocked in at a three-month high of 47.4, compared with the previous 44.3 and market forecast of 45.9, according to Investing.com data.

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International

French Business Climate Improves in June

France's business climate indicator edged up to 94 in June from the revised 93.3 in May, according to data from the country's statistical agency Insee published Tuesday.The latest reading, which missed the market forecast of 95, moved closer to the index's long-term average of 100.For the manufacturing sector alone, the index came in at 100, against the prior reading of 102.3 and the consensus estimate of 101.

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International

EU New Car Registrations Rise 3.2% in May

The European Union's new car registrations increased 3.2% year over year to 955,013 units in May, according to data from the European Automobile Manufacturers' Association published Tuesday.In the first five months of 2026, new car registrations in the EU totaled 4,748,801 units, reflecting a 4% annual increase.

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Equities

EU Commission Sets Deadline for Decision on Baker Hughes-Chart Industries Deal

The European Commission set a July 10 deadline for its decision on Baker Hughes' planned acquisition of ⁠industrial equipment maker Chart Industries.The deadline comes as the oilfield services company proposed remedies to address the commission's concerns, Reuters reported Monday. The $13.6 billion deal was announced by both companies in July 2025.The European Commission and Baker Hughes did not immediately respond to' requests for comment.

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International

Euro Area Consumer Confidence Improves in June, Flash Data Shows

The euro area's consumer confidence index stood at -17.7 points in June, up from -19 points in the previous month, according to the European Commission's flash data published Monday.Analysts expected -18 points for the month, according to Investing.com.

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International

Persian Gulf, UK Leadership Outlooks Cap European Bourses Midday

European bourses tracked indifferently midday Monday as traders weighed media reports of a leadership change in the UK and ongoing peace negotiations in Switzerland between Tehran and Washington.Front-month North Sea Brent crude oil futures were down 1.6% at $78.80 a barrel in midday action.Tech and bank stocks led gains on continental trading floors, while food shares lagged.Investors also eyed muted Wall Street futures, but mostly higher closes overnight on Asian exchanges, including a fresh all-time record-high close on Tokyo's Nikkei 225.In political news, British Prime Minister Keir Starmer announced his pending resignation from his position as head of the national government and of the Labor Party.The pan-continental Stoxx Europe 600 Index was flat mid-session.The Stoxx Europe 600 Technology Index was up 1.2%, and the Stoxx 600 Banks Index gained 0.7%.The Stoxx Europe 600 Oil and Gas Index rose 0.5%, while the Stoxx 600 Europe Food and Beverage Index declined 0.3%.The REITE, a European REIT index, was steady.On the national market indexes, Germany's DAX was down 0.1%, but the FTSE 100 in London gained 0.4%. The CAC 40 in Paris was down 0.6%, while Spain's IBEX 35 lifted 0.5%.Yields on benchmark 10-year German bonds were lower, near 2.96%.The Euro Stoxx 50 volatility index was up 1.9% at 16.58, but still indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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Equities

Update: Market Chatter: EU Bans Russian LNG Trading from 2027

(Updates to add Naturgy Energy's statement)The European Union Commission has banned the trading or marketing of Russian liquefied natural gas from 2027, including sales to buyers outside the bloc, Reuters reported Thursday, citing a June 1 letter from Energy Commissioner Dan Jorgensen's office.The guidance clarifies the EU's planned phaseout of Russian gas imports, stating that transfers of Russian LNG by EU operators will be prohibited regardless of destination, according to the report.The ban could affect EU companies with long-term contracts linked to Russia's Yamal LNG project, including TotalEnergies (TTE.L, TTE.PA), Naturgy Energy (MTGY.MC) and SEFE, the report added.Naturgy Energy declined to comment when reached by, while the EU Commission and TotalEnergies did not immediately respond to requests for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Equities

Market Chatter: EU Bans Russian LNG Trading from 2027

The European Union Commission has banned the trading or marketing of Russian liquefied natural gas from 2027, including sales to buyers outside the bloc, Reuters reported Thursday, citing a June 1 letter from Energy Commissioner Dan Jorgensen's office.The guidance clarifies the EU's planned phaseout of Russian gas imports, stating that transfers of Russian LNG by EU operators will be prohibited regardless of destination, according to the report.The ban could affect EU companies with long-term contracts linked to Russia's Yamal LNG project, including TotalEnergies (TTE.L, TTE.PA), Naturgy Energy (MTGY.MC) and SEFE, the report added.The EU Commission, TotalEnergies and Naturgy Energy did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Germany Faces US Probe on Alleged 'Unfair' Pricing Policies for Pharmaceutical Products
US Markets

Germany Faces US Probe on Alleged 'Unfair' Pricing Policies for Pharmaceutical Products

Germany is facing an investigation in the US over allegations that its pricing policies and practices concerning pharmaceutical products are "unfair" and causing harm to US commerce.US Trade Representative Jamieson Greer launched the probe on Thursday, employing Section 301 of the Trade Act of 1974. Greer's office said the investigation followed "months of meaningful discussions" with German counterparts in an attempt to resolve the issue."I am particularly concerned with news that Germany is fast-tracking legislation that would further reduce its spending on innovative pharmaceuticals. This is a serious step backwards at a time when our trading partners need to step up and start paying their fair share to fund innovative pharmaceutical research and development," Greer commented.The office said the investigation is being carried out pursuant to a mandate from President Donald Trump to take all necessary action to stop foreign countries' actions that negatively impact US commerce.In line with the guidelines of the Trade Act, the US Trade Representative said it sought the cooperation of Germany in the investigation. Comments from interested persons will also be accepted until Aug. 10 ahead of a Sept. 22 public hearing scheduled for the investigation.The probe follows the announcement in April of a pharmaceutical pricing agreement between the US and the UK. Greer said Germany "should follow suit with constructive negotiations to address this imbalance."

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International

Italy's Annual Construction Output Up 2.7% in April

Italy's calendar-adjusted construction output index increased 2.7% year over year in April, following a revised 3% gain in March, statistics agency Istat said Friday.On a monthly basis, the country's seasonally adjusted construction output edged up 0.3%, against the revised 1.9% rise earlier.

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International

German Annual Producer Prices Up 2.2% in May

The producer prices of industrial products in Germany increased 2.2% year over year in May, following a 1.7% growth in April, the country's Federal Statistical Office said Friday.Analysts expected a 2.5% jump for the month.On a monthly basis, producer prices were 0.3% higher, against the expected 0.7% gain.

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Equities

Market Chatter: Germany Reportedly Mulls Extension of Emergency Oil Reserve Waiver Past August

Germany is said to be evaluating a potential extension of its relaxed emergency oil storage rule beyond the Aug. 31 expiration date, Reuters reported Thursday, citing a spokesperson from the country's economy ministry.The measure was originally introduced in March as Germany joined an International Energy Agency-coordinated emergency oil release, under which the country committed 19.5 million barrels of oil to a record 400-million-barrel global release aimed at stabilizing surging crude prices amid supply disruptions caused by the conflict in the Middle East.The German Ministry of Economic Affairs and Energy did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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International

Hawkish Fed Outlook Damps European Bourses Midday

European bourses tracked moderately lower midday Thursday as traders mulled the somewhat hawkish commentary that new Federal Reserve Chair Kevin Warsh delivered overnight, and prospects for a tighter US monetary policy in the seasons ahead.Food and property stocks led broad, tempered losses on continental trading floors.Investors also eyed Wall Street futures flashing green, and higher closes overnight on Asian exchanges.In economic news, the Bank of England held its key policy interest rate steady at 3.75%, while the Swiss National Bank left its policy rate unchanged at 0%.The pan-continental Stoxx Europe 600 Index was off 0.6% mid-session.The Stoxx Europe 600 Technology Index was down 0.1%, and the Stoxx 600 Banks Index lost 0.4%.The Stoxx Europe 600 Oil and Gas Index eased 0.5%, while the Stoxx 600 Europe Food and Beverage Index declined 1.1%.The REITE, a European REIT index, fell 1.9%.On the national market indexes, Germany's DAX was down 0.1%, and the FTSE 100 in London lost 1%. The CAC 40 in Paris was down 0.2%, and Spain's IBEX 35 eased 0.6%.Yields on benchmark 10-year German bonds were higher, near 2.94%.Front-month North Sea Brent crude-oil futures were down 1% at $78.72 a barrel.The Euro Stoxx 50 volatility index was steady at 16.59, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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International

Ifo Cuts 2027 Economic Growth Forecast for Germany as High Energy Prices Persist

The ifo Institute lowered its economic growth forecast for Germany in 2027, as energy prices are expected to remain elevated despite the US-Iran peace agreement aimed at ending the war in the Middle East.In its summer economic forecast published Thursday, the research institute said it now expects Germany's price-adjusted gross domestic product to expand by 0.8% in 2027, amid a projected gradual fall in energy prices, assuming a de-escalation of the war over the coming weeks and reopening of the Strait of Hormuz. However, the research institute flagged that energy prices could remain above pre-war levels and negatively impact growth by 0.4 percentage points for both 2026 and 2027.Ifo's previous GDP growth projection for 2027 stood at 1.2%, under a de-escalation scenario. For 2026, the growth estimate remains at 0.8%."While a massive energy price shock caused by the Middle East conflict is slowing down the economy, a highly expansionary fiscal policy is supporting growth. The economy is currently being shaped by conflicting forces," the ifo said. "Since the agreement reached last weekend, futures market prices have pointed to energy prices falling faster. In this case, the inflation rate is also likely to decline faster, and growth should be higher. However, it is also possible that the agreement reached over the weekend will not hold, and the conflict will escalate again."Meanwhile, headline inflation is projected to reach 2.9% in 2026 before easing to 2.7% 2027, under the assumption of a de-escalation. The prior expectations were 2.2% and 2.3%, respectively.

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International

Eurozone's Monthly Construction Output Up 0.6% in April

The euro area's seasonally adjusted construction production rose 0.6% month over month in April, following a revised 1.7% gain in March, according to Eurostat data published Thursday.On a yearly basis, the eurozone's construction output increased 0.9%, against the revised 0.2% rise earlier.

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International

Italian Current Account Surplus Climbs in April

Italy's current account surplus increased to 2.26 billion euros in April from a revised surplus of 1.83 billion euros in the prior month.In the 12 months to April, the Italian current account surplus totaled 32.9 billion euros, against 18 billion euros in the previous year, according to data from the Bank of Italy published Thursday.

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International

Eurozone Current Account Surplus Rises in April

The euro area's seasonally adjusted current account surplus increased to 16 billion euros in April from the revised 15 billion euros in the previous month, European Central Bank data showed Thursday.The consensus estimate for the month was for a surplus of 18.5 billion euros, according to Investing.com data.In the 12 months to April, the bloc's current account surplus totaled 269 billion euros, against 351 billion euros a year earlier.

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