537 stories mentioning STOXX Europe 600Updated 1h ago
Hit fresh record highs after Tehran and Washington said the Strait of Hormuz would reopen as part of peace negotiations.
The euro area's industrial producer prices were up 0.6% month over month in April, following a 3.4% rise in March, according to Eurostat data published Wednesday.Analysts expected a 0.4% increase for the month.On a yearly basis, producer prices climbed 4.9%, against the revised 2% increase earlier and the consensus of a 4.8% growth.
The euro area's private sector activity declined at a sharper rate in May, as falling demand for the bloc's goods and services impacted output, according to final data from S&P Global published Wednesday.The seasonally adjusted S&P Global Eurozone Composite PMI Output Index stood at an 18-month low of 48.5 in May, compared with the previous month's 48.8 and the flash estimate of 47.5.Meanwhile, the services PMI came in at 47.7, against the prior month's 47.6 and the initial reading of 46.4, signaling a continued contraction in services activity.
Germany's private sector remained in contraction territory for the second straight month in May, as service sector business activity fell once again amid persistent demand weakness and increased cost pressures.The final S&P Global Germany Composite PMI Output Index ticked up to 48.8 in May from 48.4 earlier, S&P Global said Wednesday. The final reading was above the flash estimate of 48.6 but remained below the 50-point neutral mark.For the service sector, the final PMI clocked in at 48.1, compared with the initial estimate of 47.8 and the previous month's 46.9.
France's private sector business activity dropped in May 2026 at the fastest pace since January 2024, as total new business intakes declined sharply amid growing price pressures due to the war in the Middle East, final data from S&P Global confirmed Wednesday.The S&P Global France Composite PMI Output Index dropped to a 28-month low of 44.9 in May from 47.6 in April, against the flash figure of 43.5.The services PMI decreased to 44.3 from 46.5 earlier. The preliminary estimate was 42.9.
Italy's private sector expansion marginally slowed in May, as faster growth in manufacturing production helped offset a sharper decline in service sector activity.The S&P Global Italy Composite PMI Output Index stood at 50.4 in May, down from 50.5 in April, S&P Global said Wednesday.On the services side, the PMI was 49.4, compared with the previous 49.8 and expected 49.2, according to Investing.com data.
Spain's private sector activity returned to expansion territory in May, reflecting a marginal rise in production and stabilizing service sector activity despite persistent "acute" cost headwinds.The S&P Global Spain Composite PMI rose to 50.2 from 48.7 in April, S&P Global said Wednesday.For the service sector, the PMI came in at 50.1, against the previous 47.9 and the consensus estimate of 48.2, according to Investing.com data.
Sentiment in the German automotive sector "improved somewhat" in May, albeit still in the negative territory amid a sustained macroeconomic uncertainty, the ifo Institute said Wednesday.The ifo Business Climate Index for the sector climbed to -20.8 points in May from -23.5 points in April, as companies reported slightly better current conditions and adopted a "less pessimistic" outlook.Meanwhile, export expectations fell sharply to -16.4 points from 11.7 points in the previous month on the renewed tariff threats from the US at the beginning of May. Ifo industry expert Anita Wölfl noted the remaining 15% US levy on European cars and parts still poses a noticeable challenge for German automakers.
European bourses tracked moderately higher midday Tuesday as traders embraced the AI narrative and weighed easing crude oil prices.Tech and bank stocks led gains on continental trading floors, while oil shares lagged.STMicroelectronics rose 10.6% midday after the Swiss-based chipmaker issued higher guidance for revenue, citing AI-fueled data-center demand.Investors also eyed muted Wall Street futures, but higher lower closes overnight on Asian exchanges, including fresh record zeniths in Seoul and Taiwan.In economic news, the euro area consumer price index (CPI) in May is expected to rise 3.2% on year, rising from 3% on-year gain in April, reported Eurostat. Higher energy bills were cited.The pan-continental Stoxx Europe 600 Index was up 0.7% mid-session.The Stoxx Europe 600 Technology Index was up 2.7%, and the Stoxx 600 Banks Index gained 0.9%.The Stoxx Europe 600 Oil and Gas Index eased 0.8%, while the Stoxx 600 Europe Food and Beverage Index inclined 0.4%.The REITE, a European REIT index, rose 1.1%.On the national market indexes, Germany's DAX was up 0.8%, and the FTSE 100 in London gained 0.4%. The CAC 40 in Paris was up 0.7%, and Spain's IBEX 35 lifted 0.6%.Yields on benchmark 10-year German bonds were lower, near 2.95%.Front-month North Sea Brent crude-oil futures were down 1.3% at $93.76 a barrel.The Euro Stoxx 50 volatility index was down 3.2% at 19.49, 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.
Annual inflation in the eurozone accelerated in May as the Middle East conflict continues to drive energy costs higher, backing expectations that the European Central Bank will raise interest rates next week.Consumer prices rose 3.2% year over year, up from 3% a month ago and remaining well above the ECB's 2% target, according to Eurostat flash estimates released Tuesday. The latest reading aligns with market expectations and marks the highest inflation rate since September 2023.Energy prices are still the highest contributor to inflation, with the annual rate ticking up to 10.9% from April's 10.8%. In other segments, inflation in services and non-energy industrial goods rose, while food, alcohol and tobacco price increases slowed.Excluding energy, food, alcohol and tobacco, the annual inflation stood at 2.5%, higher than the previous month's 2.2% and the expected 2.4%Across major euro area economies, provisional data for May showed inflation climbing in Spain, Italy and France, while Germany bucked the trend as government interventions to address rising energy costs began to take effect.Released on Monday, the latest monthly ECB Consumer Expectations Survey showed median inflation expectations for the next 12 months held steady at 4%. Meanwhile, the three-year estimate dipped slightly to 2.9% from 3%, while the expectations for five years ahead remained unchanged at 2.4%."Although the still elevated expectations support the ECB's hike in June, the [stabilization] buys the ECB more time to assess the impact of the shock before embarking on a second hike," Danske Bank said in a report ahead of the May inflation print. The ECB is scheduled to hold its monetary policy meetings on June 10 and June 11.
Annual inflation in the euro area edged up to 3.2% in May from 3% in April, according to Eurostat flash estimates released Tuesday.The latest reading is in line with the consensus estimate.On a monthly basis, consumer prices were 0.1% higher.Excluding energy, food, alcohol and tobacco, the annual inflation rate came in at 2.5%, higher than the previous 2.2% and expected 2.4%. Month over month, core consumer prices rose 0.3%.
The number of individuals registered as unemployed in Spain fell by 36,323 in May, after a decrease of 62,668 in April, according to government data published Tuesday.Analysts expected a decrease of 56,800 in unemployment levels for the month.
German manufacturing companies reported a growing shortage of intermediate products, with production expected to be affected as an "alarmingly high" number of businesses grapple with the supply crunch, the ifo Institute said Tuesday.The percentage of manufacturers facing bottlenecks increased to 15.9% in May from 13.8% in April, led by industries with a high demand for oil- and energy-intensive intermediate products due to the impact of geopolitical tensions.In particular, 31.2% of chemical businesses reported a materials shortage, while the share of rubber and plastic products makers in the same situation rose to 23.7%. One in four electronics companies saw a supply shortage, while the portion of automotive companies facing supply issues was comparatively low at 10%. Consumer-related industries were largely unaffected.
European bourses were mixed midday Monday as traders mulled ongoing Persian Gulf turmoil and higher crude prices.Oil and tech stocks led gains on continental trading floors, while food and bank shares lagged.Front-month North Sea Brent crude-oil futures were up 2.9% at $93.76 a barrel, as Tehran-Washington peace talks again appeared to stall.Investors also eyed Wall Street futures in the green, and largely higher closes overnight on Asian exchanges, including fresh zeniths on equity indices in Seoul, Taiwan and Tokyo.In economic news, the Eurozone manufacturing purchasing managers index (PMI) dropped to 51.6 in May from from 52.2 in April, but still struck above the 50-mark that separates growth from contraction, reported S&P GlobalThe pan-continental Stoxx Europe 600 Index was off 0.2% mid-session.The Stoxx Europe 600 Technology Index was up 1.4%, but the Stoxx 600 Banks Index lost 0.4%.The Stoxx Europe 600 Oil and Gas Index rose 0.8%, while the Stoxx 600 Europe Food and Beverage Index declined 0.5%.The REITE, a European REIT index, fell 0.2%.On the national market indexes, Germany's DAX was up 0.3%, and the FTSE 100 in London lost 0.2%. The CAC 40 in Paris was up 0.1%, and Spain's IBEX 35 eased 0.2%.Yields on benchmark 10-year German bonds were higher, near 2.98%.The Euro Stoxx 50 volatility index was down 1.5% at 19.02, 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.
The seasonally adjusted unemployment rate in the euro area stood at 6.3% for the second straight month in April, according to Eurostat data published Monday.The latest reading is higher than the consensus estimate of 6.2%.
The median rate of perceived inflation by euro area consumers for the year ahead was stable month over month in April, according to a European Central Bank survey published Monday.The latest monthly ECB Consumer Expectations Survey showed that median expectations for inflation in the next 12 months remained at 4%. The estimate for the next three years fell to 2.9% from 3%, while the expectation for five years ahead held steady at 2.4%.Meanwhile, the uncertainty about inflation expectations for the next 12 months was still at an elevated level.The ECB continued to see lower inflation expectations among younger survey respondents aged between 18 and 34 years, compared with those aged 35 to 54 and 55 to 70.
The eurozone's manufacturing activity decelerated in May, as demand for eurozone goods stalled amid rising prices.The final S&P Global Eurozone Manufacturing PMI fell to 51.6 from 52.2 a month ago, according to data from S&P Global published Monday. The reading, which marks a two-month low, is above the flash estimate of 51.4.
The euro area's adjusted loans to nonfinancial corporations increased 3.4% year over year in April, following a 3.2% rise a month ago, according to data from the European Central Bank published Monday.The consensus estimate for the month was a 3.1% gain.Meanwhile, the growth rate for adjusted loans to households stood at 3%, matching the previous reading and consensus expectations.
German manufacturing sector conditions were virtually stagnant in May as uncertainty and cost pressures linked to the war in the Middle East led to the first decline in new orders in 2026, while output growth softened for the second straight month, S&P Global said Monday.The final headline S&P Global Germany manufacturing PMI slipped to a four-month low of 50.1, close to the 50-point no-change mark, from 51.4 in April. The flash estimate for May stood at 49.9.
The euro area's M3 money supply rose 2.7% year over year in April, following a 3.2% increase in March, the European Central Bank said Monday.Analysts expected a 3.3% growth for the month.
France's manufacturing sector activity slipped into contraction territory in May, amid renewed downturns in output and new business as the temporary boost from client restocking faded, S&P Global data showed Monday.The final S&P Global France Manufacturing PMI fell to 49.7 from 52.8 a month ago, against the flash estimate of 48.9, and reversing the start of the quarter's four-year high. The index fell below 50 for the first time since November 2025.
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