725 stories mentioning STOXX Europe 600Updated 1d ago
Hit fresh record highs after Tehran and Washington said the Strait of Hormuz would reopen as part of peace negotiations.
Producer prices in Spain rose 7% year over year in June, following a 10.5% jump previously, data from the National Statistics Institute showed Friday.On a monthly basis, the industrial price index was stable after a 1% increase in May.
German consumer sentiment is expected to slightly deteriorate in August, with the indicator down to -29.6 points from the revised -29.3 points in July, Growth from Knowledge said Friday.Analysts expected -28.7 points for the month.The latest reading reflects lower income expectations among consumers, with their willingness to save still elevated.
The euro area's consumer confidence index stood at -15.9 points in July, up from the revised -17.6 points in June, according to the European Commission's flash data published Thursday.Analysts expected -17 points for the month.
The European Central Bank maintained its three key interest rates on Thursday as the war in the Middle East drags on, noting that the outlook for energy prices is well above the levels recorded before the conflict.The deposit facility rate was kept at 2.25%, while the interest rates on the main refinancing operations and marginal lending facility were respectively maintained at 2.40% and 2.65%. The ECB Governing Council's decision was consistent with market expectations.In its July meeting, the central bank cautioned that economic uncertainty remains high, with the full inflationary impact of the energy shock arising from the ongoing war still unknown."The Governing Council is therefore closely monitoring the intensity and duration of the shock, as well as its indirect and second-round effects," the ECB noted. It also reiterated its commitment to ensure that the inflation rate stabilizes at its 2% medium-term target.Based on the latest data from Eurostat, the annual inflation rate in the euro area eased to 2.8% in June from 3.2% in May, with the core rate, which excludes energy, food, alcohol and tobacco, declining to 2.4% from the prior 2.6%."Through the rearview mirror, this decision clearly makes sense. Headline inflation has actually come down, there are very few signs of knock-on effects from higher energy prices, and the eurozone economy has shown some resilience to the current oil price shock," ING said in a note. "Looking ahead, however, the decision of whether to keep interest rates unchanged is not so straightforward.""Unless oil prices start dropping significantly over the next weeks, the ECB's own macro projections in September will call for another rate hike, loud and clear."
The European Central Bank's Governing Council left its three key interest rates unchanged at its meeting on Thursday, noting that the outlook for energy prices is well above the levels recorded before the Middle East conflict.As widely expected, the deposit facility rate was kept at 2.25%, while the interest rates on the main refinancing operations and marginal lending facility were respectively maintained at 2.40% and 2.65%.The ECB said uncertainty remains high, with the full inflationary impact of the energy shock arising from the ongoing war still unknown."The Governing Council is therefore closely monitoring the intensity and duration of the shock, as well as its indirect and second-round effects," the central bank noted, reiterating its commitment to ensure that the inflation rate stabilizes at its 2% medium-term target.
European bourses tracked moderately lower midday Thursday as traders mulled earnings reports and rising oil prices.Shares of Nestle fell 7.1% midday after the Swiss food-giant reported soft sales and solidly lower profits in H1, due in part to higher coffee and cocoa prices.Oil and property stocks led gains on continental trading floors, while food, tech and bank shares lagged.Front-month North Sea Brent crude-oil futures were up 5% at $98.77 a barrel, in midday trades.Investors also eyed Wall Street futures in the red, but largely higher closes overnight on Asian exchanges.The pan-continental Stoxx Europe 600 Index was off 0.6% mid-session.The Stoxx Europe 600 Technology Index was down 1.5%, and the Stoxx 600 Banks Index lost 1.1%.The Stoxx Europe 600 Oil and Gas Index rose 1.7%, while the Stoxx 600 Europe Food and Beverage Index declined 3.5%.The REITE, a European REIT index, rose 1.3%.On the national market indexes, Germany's DAX was down 0.6%, and the FTSE 100 in London lost 0.2%. The CAC 40 in Paris was down 1.1%, and Spain's IBEX 35 eased 0.6%.Yields on benchmark 10-year German bonds were higher, near 3.19%.Front-month North Sea Brent crude-oil futures were up 5% at $98.77 a barrel.The Euro Stoxx 50 volatility index was up 8% at 18.38, 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.
France's business climate indicator edged up to 97.2 in July from the revised 95 in June, according to data from the country's statistical agency Insee published Thursday.The latest reading moved closer to the index's long-term average of 100.For the manufacturing sector alone, the index came in at 101.3, against the revised prior reading of 100.2 and the consensus estimate of 101.
The European Union's new car registrations jumped 13.6% year over year to 1,147,962 units in June, according to data from the European Automobile Manufacturers' Association published Thursday.In the first six months of 2026, new car registrations in the EU totaled 5,896,683 units, reflecting a 5.7% annual increase.
European bourses tracked moderately higher midday Wednesday as solid earnings-season reports outweighed Persian Gulf turmoils and tech-sector weakness.Property, food and bank stocks led gains on continental trading floors, while tech shares lagged.Equinor shares traded up 4% midday after the Norwegian energy giant reported Q2 earnings of $11.48 billion, up from $6.53 billion a year earlier.Front-month North Sea Brent crude-oil futures were up 3.9% at $94.54 a barrel in midday trades.Investors also eyed Wall Street futures in the red, and uneven closes overnight on Asian exchanges.In economic news, UK's consumer price index rose 2.6% in June on year, less than the 2.8% on-year rise logged in May, reported the Office for National Statistics (ONS).UK producer prices were flat in June from May, but up 3.5% on year, added the ONS.The pan-continental Stoxx Europe 600 Index was up 0.4% mid-session.The Stoxx Europe 600 Technology Index was down 1.2%, but the Stoxx 600 Banks Index gained 1.1%.The Stoxx Europe 600 Oil and Gas Index eased 0.1%, while the Stoxx 600 Europe Food and Beverage Index inclined 1.5%.The REITE, a European REIT index, rose 1.2%.On the national market indexes, Germany's DAX was up 0.4%, and the resource-heavy FTSE 100 in London gained 1.2%. The CAC 40 in Paris was up 0.9%, and Spain's IBEX 35 lifted 0.9%.Yields on benchmark 10-year German bonds were higher, near 3.18%, near 15-year highs.The Euro Stoxx 50 volatility index was up 1.6% at 16.93, 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.
The seasonally adjusted general government deficit-to-gross domestic product ratio in the euro area inched down to 3.1% in the first quarter from 3.2% in the previous quarter, Eurostat data showed Tuesday.In the first quarter of 2025, the ratio clocked in at 2.8%.
The general government gross debt-to-gross domestic product ratio in the euro area increased to 88.9% in the first quarter from 87.7% in the prior three-month period, Eurostat data showed Tuesday.The ratio stood at 87.2% in the first quarter of 2025.
European bourses tracked moderately higher midday Tuesday as traders joined the global tech rebound and shrugged off Persian Gulf uncertainties.Markets also expect the European Central Bank (ECB) to hold rates steady at its Thursday policy session, with the ECB Watch Tool assigning a slim 8% chance the central bank will boost rates to 2.50%, from the present 2.25%.Tech and bank stocks led gains on continental trading floors, while food and property shares lagged.Investors also eyed Wall Street futures flashing green, and higher closes overnight on Asian exchanges, including a 3.3% rise on Tokyo's Nikkei 225, led by tech-sector gains.In economic news, the Economic Sentiment Index for the euro area logged at 23.4 in June, up from 9.5 in May, and striking the highest level in five months, reported ZEW.Front-month North Sea Brent crude-oil futures were up 1.4% at $90.45 a barrel, in midday trades.The pan-continental Stoxx Europe 600 Index was up 0.3% mid-session.The Stoxx Europe 600 Technology Index was up 1.2%, and the Stoxx 600 Banks Index gained 0.8%.The Stoxx Europe 600 Oil and Gas Index rose 0.7%, while the Stoxx 600 Europe Food and Beverage Index declined 0.8%.The REITE, a European REIT index, fell 1.1%.On the national market indexes, Germany's DAX was up 0.2%, and the FTSE 100 in London gained 0.1%. The CAC 40 in Paris was up 0.1%, and Spain's IBEX 35 lifted 0.8%.Yields on benchmark 10-year German bonds were higher, near 3.17%.The Euro Stoxx 50 volatility index was down 5.2% at 17.02, 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.
Germany's economic sentiment index climbed to 26.3 points in July from 10.5 points in June, research institute ZEW said Tuesday.The consensus estimate for the month was 15.1 points.Meanwhile, the current situation indicator came in at -77.6 points, compared with the previous -81 points and the expected -77.8 points.
The euro area's economic sentiment index rose to 23.4 points in July from 9.5 points in June, research institute ZEW said Tuesday.The latest reading is above the consensus estimate of 11.2 points.Meanwhile, the ZEW current situation indicator increased by 5.7 points to -37.7 points.
Banks in the euro area tightened their credit standards for companies, mortgages and consumer loans in the second quarter, the European Central Bank said Tuesday.The ECB's July bank lending survey showed that demand for loans from companies slightly increased amid higher demand for fixed investment and working capital. On the housing loans side, demand markedly declined in net terms, weighed down by weaker consumer confidence, interest rate changes and deteriorating housing market prospects.Meanwhile, consumer credit demand continued to decline, reflecting lower consumer confidence, muted spending on durables and changes in interest rates.Looking ahead, banks expect credit standards to tighten further for companies, housing loans and consumer credit in the third quarter.
Spain's trade deficit grew to 8.24 billion euros in May, compared with 5.17 billion euros in April, according to government data published Tuesday.Exports rose 0.9% month over month to 34.69 billion euros, while imports grew 8.5% to 42.94 billion euros.
The European Commission recommended that European Union countries delay penalties for three years on fossil fuel importers that fail to meet the bloc's regulation on reducing methane emissions.In a Monday release, the commission said fines for noncompliance should be suspended from 2027 through 2029 to prevent supply disruptions. It also recommended simpler ways for importers to demonstrate their compliance with the regulation.The emissions monitoring requirements for oil, gas and coal importers and suppliers are set to be implemented from Jan. 1, 2027.
European bourses tracked evenly midday Monday as traders weighed ongoing Persian Gulf hostilities, tech-sector values, and the unfolding earnings season.Oil and tech stocks led gains on continental trading floors, while food and property shares lagged.Ryanair declined 7% mid-session after the budget airline reported fiscal Q1 earnings declined on higher fuel costs and the disrupted Middle East travel plans of potential passengers.Investors also eyed Wall Street futures in the green, and mixed closes overnight on Asian exchanges, although Seoul's semiconductor-heavy KOSPI Index fell back 4.5%.Front-month North Sea Brent crude oil futures were down 1.6% at $86.62 a barrel, midday.In economic news, European enterprises faced a tighter financing environment in Q2, reported the European Central Bank (ECB), citing its quarterly survey. Continental businesses reported higher interest rates and other financing costs, such as fees and commissions, in Q2 over Q1.The pan-continental Stoxx Europe 600 Index was flat mid-session.The Stoxx Europe 600 Technology Index was up 0.4%, and the Stoxx 600 Banks Index gained 0.2%.The Stoxx Europe 600 Oil and Gas Index rose 0.9%, but the Stoxx Europe 600 Food and Beverage Index declined 0.4%.The REITE, a European REIT index, fell 0.1%.On the national market indexes, Germany's DAX was up 0.2%, and the FTSE 100 in London lost 0.1%. The CAC 40 in Paris was up 0.2%, and Spain's IBEX 35 was even.Yields on benchmark 10-year German bonds were higher, near 3.14%.The Euro Stoxx 50 volatility index was up 5.5% at 18.25, 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.
BofA Global Research expect the European Central Bank to leave its key interest rates on hold at its Thursday monetary policy meeting, which is forecast to be an "uneventful" one for the euro."With no large surprises in data and energy prices no far from the ECB's baseline forecasts, there is not a big enough sense of urgency to move policy rates now. Our strong conviction here is that, irrespective of whether the ECB hikes once or twice this year, policy rates at the end of 2027 will be 2% at most," analysts said in a Monday preview note. "Why? We still think inflation will prove a lot less persistent than feared. The shape of the current energy price shock is nowhere near that of 2022."The research firm continues to anticipate the ECB to make one final 25 basis-point increase in rates in September as energy prices rose again recently amid renewed hostilities between Iran and the US."We still refrain from expressing these views with an outright long position in the front-end. Risks of further escalation in the US-Iran war, higher oil and/or gas prices, and a market positioning that is likely still long the EUR front-end all make us cautious," BofA added.
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