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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

Tech, Oil Shares Lift European Bourses Midday

European bourses tracked moderately higher midday Wednesday as continental traders joined the global tech-sector rally and as oil shares tracked higher on prospects for tight crude markets going forward.In contrast, bank, food and property stocks lagged in midday trading.Investors also eyed Wall Street futures flashing green amid higher closes overnight on Asian exchanges, including fresh zeniths on equity indices in Seoul and Tokyo.In economic news, seasonally adjusted industrial production in the eurozone gained 0.2% month over month in March and rose 0.8% in the broader EU, Eurostat reported. Year over year, industrial output fell 2.1% in the euro area and by 1% in the EU.The pan-continental Stoxx Europe 600 Index was up 0.3% mid-session.The Stoxx Europe 600 Technology Index rose 2%, while the Stoxx 600 Banks Index lost 0.2%.The Stoxx Europe 600 Oil and Gas Index rose 0.9%, while the Stoxx 600 Europe Food and Beverage Index declined 0.7%.The REITE, a European REIT index, fell 0.7%.On the national market indexes, Germany's DAX was up 0.7%, and the FTSE 100 in London was steady. The CAC 40 in Paris was down 0.4%, and Spain's IBEX 35 eased 0.2%.Yields on benchmark 10-year German bonds were higher, near 3.1%.Front-month North Sea Brent crude-oil futures were up 0.1% at $107.85 a barrel.The Euro Stoxx 50 volatility index was down 3.9% at 22.43, indicating above-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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Equities

EU Clears Messer-Ambrian Energy JV Deal

The European Commission approved the planned creation of a joint venture between Germany's Messer and Ambrian Energy.The regulator said Wednesday that the deal, which mainly covers the intermediate storage of carbon dioxide, would not create competition concerns as the venture has negligible activities in the European Economic Area.

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International

Eurozone Monthly Industrial Production Up 0.2% in March

The euro area's industrial production rose 0.2% month over month in March, after a revised 0.2% increase in February, Eurostat data showed Wednesday.The consensus estimate for the month was a 0.3% climb.On a yearly basis, industrial production recorded a 2.1% decline, compared with the revised 0.8% decrease earlier and the expected 1.7% drop.

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International

Eurozone's Quarterly GDP Up 0.1% in Q1, Second Estimate Shows

The euro area's seasonally adjusted gross domestic product ticked up 0.1% in the first quarter, following a 0.2% rise in the prior three-month period, according to Eurostat's second estimate released Wednesday.The latest reading is in line with the initial estimate.On a yearly basis, the eurozone economy grew 0.8%, matching the preliminary estimate, against the previous 1.3% increase, including Bulgaria, which joined the currency union in January 2026, and the 1.2% gain, excluding the country.

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International

Eurozone's Employment Rises 0.1% in Q1, Flash Data Shows

The number of employed individuals in the euro area rose by 0.1% in the first quarter, following a 0.2% increase in the prior three-month period, preliminary data from Eurostat showed Wednesday.The reading matched the consensus estimate for the month.On a yearly basis, employment growth for the eurozone came in at 0.5%, as expected, against the previous 0.7%.

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International

French Annual Inflation Rises to 2.2% in April, Final Data Confirms

As expected, France's annual inflation rate climbed to 2.2% in April, from 1.7% in March, final data from statistics agency Insee showed Wednesday.On a monthly basis, consumer prices were 1% higher, in line with the flash estimate and the prior month.The annual harmonized inflation rate stood at 2.5%, matching the initial reading and against the previous 2%. Month over month, harmonized consumer prices rose 1.2%, confirming the preliminary data, compared with the previous 1.1% increase.

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International

Ifo: Business Climate in German Travel Industry Further Deteriorates in April

The business sentiment among German travel agencies and tour operators worsened further in April amid the ongoing conflict in the Middle East, according to an ifo Institute survey published Wednesday.The ifo business climate index for the sector declined to -43.5 points from -41.8 points in March. Companies viewed their present situation as "far worse," while their future outlook marginally improved as travel warnings for key transit countries in the Middle East were lifted at the end of April, the institute noted.More than half of the surveyed companies flagged "weak" demand in April, as potential jet fuel shortages remain a source of uncertainty for travelers.

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International

German Annual Wholesale Prices Up 6.3% in April

Germany's wholesale selling prices rose 6.3% year over year in April, after a 4.1% jump in March, the country's Federal Statistical Office said Wednesday.The reading marks the highest annual price increase since February 2023.On a monthly basis, wholesale prices were 2% higher, against the previous 2.7% gain and the consensus estimate of a 1% growth.

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International

French Unemployment Rate Climbs to 8.1% in Q1

France's unemployment rate came in at 8.1% in the first quarter, up from 7.9% in the prior three-month period, the statistics agency Insee said Wednesday.Analysts expected a 7.8% unemployment rate for the quarter.

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International

Oil, Middle East Outlooks Undercut European Bourses Midday

European bourses tracked moderately lower midday Tuesday as crude prices rose after US President Donald Trump and Iranian officials overnight mutually ruled out a peace deal.The Strait of Hormuz, the vital waterway for oil tankers, remains largely closed to traffic.Front-month North Sea Brent crude-oil futures traded up 3.1%, at $107.45 a barrel in midday action.Food and oil stocks led modest gains on continental trading floors, while bank, tech and property shares lagged.Investors also eyed Wall Street futures flashing red amid largely lower closes overnight on Asian exchanges.In economic news, Germany's economic sentiment index came in at negative 10.2 in May versus negative 17.2 in April, the Centre for European Economic Research reported. "There is cautious hope for a potential recovery in the second half of 2026, provided that the Middle East conflict eases," ZEW said.The pan-continental Stoxx Europe 600 Index was off 0.7% red% mid-session.The Stoxx Europe 600 Technology Index was down 1.5%, and the Stoxx 600 Banks Index lost 1.7%.The Stoxx Europe 600 Oil and Gas Index gained 0.4%, and the Stoxx 600 Europe Food and Beverage Index edged 0.2% higher.The REITE, a European REIT index, fell 1%.On the national market indexes, Germany's DAX was down 0.9%, and the FTSE 100 in London lost 0.4%. The CAC 40 in Paris was down 0.5%, and Spain's IBEX 35 eased 0.9%.Yields on benchmark 10-year German bonds were higher, near 3.09%.The Euro Stoxx 50 volatility index was up 3.9% at 22.87, indicating above-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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ZEW: Pessimism Regarding German Economic Outlook Shrinks in May as Investors Hope for End to Iran War
US Markets

ZEW: Pessimism Regarding German Economic Outlook Shrinks in May as Investors Hope for End to Iran War

Investor sentiment on Germany's economic outlook unexpectedly rose to less gloomy territory in May following two consecutive months of strong declines, the Centre for European Economic Research, or ZEW, said Tuesday.The ZEW Indicator of economic sentiment in Germany climbed to -10.2 points in May from -17.2 points in April, beating the consensus estimate of -19.8 points. ZEW, which surveyed 188 analysts and institutional investors between May 4 and May 11, evaluated the current economic situation as worse, with the related indicator down to -77.8 points from the previous -73.7 points and the expected -77.5 points."The financial market experts are hoping that the Iran war will end soon," ZEW President Achim Wambach said. "Nevertheless, weak industrial production, rising energy prices and an inflation rate that exceeds the two-percent mark continue to burden the German economy. There is cautious hope for a potential recovery in the second half of 2026, provided that the Middle East conflict eases and the government's economic stimulus measures are having an effect."Across the industry, the expectations index for the automotive sector deteriorated by 13 points to -57.2 points, while that for mechanical engineering dropped 9.2 points to -32.1 points. At the same time, the outlook for the metal production sector, the construction industry, and the information technology industry brightened, with the latter rising 12.1 points to 56.6 points.Across the wider euro area, the economic expectations indicator jumped to -9.1 points in May from -20.4 points in April, exceeding the consensus estimate of -20 points. Meanwhile, the current situation indicator increased by 1.6 points to -41.4 points.

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International

Eurozone Economic Sentiment Climbs in May, ZEW Says

The euro area's economic sentiment index rose to -9.1 points in May from -20.4 points in April, research institute ZEW said Tuesday.The consensus estimate for the month was -21.6 points, according to Investing.com.Meanwhile, the current situation indicator increased by 1.6 points to -41.4 points.

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International

ZEW: German Economic Sentiment Improves in May; Current Conditions Weaken

Germany's economic sentiment index climbed to -10.2 points in May from -17.2 points in April, research institute ZEW said Tuesday.The consensus estimate for the month was -19.2 points, according to Investing.com.Meanwhile, the current situation indicator came in at -77.8 points, compared with the previous -73.7 points and the expected -77.5 points.

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International

Italy's Monthly Industrial Output Up 0.7% in March

Italy's seasonally adjusted industrial production increased 0.7% month over month in March, after a revised 0.2% uptick in February, statistics agency Istat said Tuesday.Analysts expected a 0.2% gain for the month.On a yearly basis, the calendar-adjusted industrial output rose 1.5%, against the revised 0.4% growth earlier.

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International

German Annual Inflation Confirmed at 2.9% in April

Confirming the flash estimate, Germany's annual inflation rate accelerated to 2.9% in April from 2.7% in March, final data from the country's Federal Statistical Office showed Tuesday.The reading marks the highest inflation level reached since January 2024.On a monthly basis, consumer prices edged up 0.6%, matching the preliminary reading and against the previous 1.1% increase.The annual harmonized inflation rates for April were also confirmed at 2.9%, compared with 2.8% earlier. Meanwhile, harmonized consumer prices were affirmed to be 0.5% higher month over month, against the previous reading of a 1.2% jump.

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International

Higher Crude Prices, Persian Gulf Outlook Cap European Bourses Midday

European bourses tracked modestly lower midday Monday as traders weighed higher crude prices and US President Donald Trump's rejection on Sunday of an Iranian peace plan response.Bank and oil stocks led modest gains on continental trading floors, while property and food shares lagged.Front-month North Sea Brent crude-oil futures were up 2.7% at $104.01 a barrel.Investors also eyed muted Wall Street futures amid mixed closes overnight on Asian exchanges.In economic news, the European Central Bank is evaluating the results and possible duration of the Middle East war and is keeping future rate hikes as an option on the table, Governing Council member and Austrian National Bank Governor Martin Kocher said, news outlet Neue Zuercher Zeitung reported.The pan-continental Stoxx Europe 600 Index was off 0.1% mid-session.The Stoxx Europe 600 Technology Index was up 0.1%, and the Stoxx 600 Banks Index gained 0.3%.The Stoxx Europe 600 Oil and Gas Index rose 0.5%, while the Stoxx 600 Europe Food and Beverage Index declined 0.8%.The REITE, a European REIT index, fell 0.5%.On the national market indexes, Germany's DAX was down 0.2%, and the FTSE 100 in London gained 0.1%. The CAC 40 in Paris was down 1%, and Spain's IBEX 35 eased 0.3%.Yields on benchmark 10-year German bonds were higher, near 3.03%.The Euro Stoxx 50 volatility index was steady near 22.40, indicating above-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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International

French Foreign Exchange Reserves Decrease in April

France's foreign exchange reserves fell to 386.90 billion euros in April from 390.63 billion euros in March, according to government data published Monday.The total amount consisted of 310.09 billion euros in gold reserves and 31.65 billion euros in foreign currency reserves, along with 38.68 billion euros in claims on the International Monetary Fund and 6.47 billion euros in other reserve assets.

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International

Persian Gulf Outlook Limits European Bourses Midday

European bourses tracked moderately lower midday Friday as traders weighed ongoing tensions in the Persian Gulf against generally steady crude prices and interest rates.Tech and property stocks led modest gains on continental trading floors, while bank shares lagged.Investors also eyed Wall Street futures flashing green amid lower closes overnight on Asian exchanges.In economic news, German industrial production declined 0.7% month over month in March, and fell 2.8% year over year, Destatis reported.The pan-continental Stoxx Europe 600 Index was off 0.5% mid-session.The Stoxx Europe 600 Technology Index was up 0.2%, while the Stoxx 600 Banks Index lost 0.3%.The Stoxx Europe 600 Oil and Gas Index declined 0.1%, while the Stoxx 600 Europe Food and Beverage Index was 0.3% lower.The REITE, a European REIT index, gained 0.1%.On the national market indexes, Germany's DAX was down 0.7%, and the FTSE 100 in London lost 0.2%. The CAC 40 in Paris was down 0.7%, and Spain's IBEX 35 eased 0.3%.Yields on benchmark 10-year German bonds were marginally higher, near 3.01%.Front-month North Sea Brent crude-oil futures were up 0.6% at $100.64 a barrel.The Euro Stoxx 50 volatility index was up 0.4% at 22.15, indicating above-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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International

Spanish Annual Industrial Output Jumps 1.8% in March

Spain's industrial production, adjusted for seasonal and calendar effects, grew 1.8% year over year in March, following the revised 0.9% decrease previously, provisional data from the National Statistics Institute showed Friday.On a monthly basis, Spanish industrial output rose 2.3%, against a 0.1% decline previously.

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International

Germany's Monthly Industrial Output Down 0.7% in March

Germany's industrial production fell 0.7% month over month in March, following a revised 0.5% decline earlier, provisional data from the Federal Statistical Office showed Friday.Analysts expected a 0.4% increase for the month, according to Investing.com data.On a yearly basis, German industrial output was 2.8% lower, against the revised 0.2% decrease earlier.

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