726 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.
France's household confidence indicator rose to 84 points in June from 82 points in May, according to data from the national statistics agency Insee published Thursday.Analysts expected 83 points for the month.The indicator remains below the long-term average of 100 points.
German consumer sentiment is expected to stabilize in July, with the indicator moderately improving to -29.2 points from the revised -29.7 points in June, Growth from Knowledge said Thursday.Analysts expected -27.8 points for the month, according to Investing.com data.The latest reading reflects "slightly more positive" income expectations among consumers, while both willingness to buy and save held steady month over month.
An oil refinery in the Russian capital hit by Ukrainian drones this month is unlikely to resume production this year, Reuters reported Wednesday, citing two sources.The refinery operated by Gazprom Neft and located on the outskirts of Moscow reportedly needs at least half a year for repair.Gazprom Neft 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.)
European bourses tracked evenly midday Wednesday after property stocks gained on a real estate sector buyout bid, and as petroleum prices eased.Oil and bank shares lagged on continental trading floors, while tech stocks held steady.European real estate company valuations rose after US-based REIT Prologis (PLD) offered a $16.6 billion buyout bid for UK industrial warehouse giant Segro.Investors also eyed Wall Street futures in the green, and mixed closes overnight on Asian exchanges.In economic news, Germany's business climate index continued to improve in June, striking 85.6, up from 84.9 in May, the Institute for Economic Research (Ifo) reported.The pan-continental Stoxx Europe 600 Index was steady mid-session.The Stoxx Europe 600 Technology Index was flat, and the Stoxx 600 Banks Index lost 0.4%.The Stoxx Europe 600 Oil and Gas Index eased 1.3%, while the Stoxx 600 Europe Food and Beverage Index inclined 1.7%.The REITE, a European REIT index, rose 3.5%.On the national market indexes, Germany's DAX was down 1.1%, and the FTSE 100 was steady. The CAC 40 in Paris was up 0.2%, and Spain's IBEX 35 eased 0.3%.Yields on benchmark 10-year German bonds were lower, near 2.91%.Front-month North Sea Brent crude-oil futures were down 1.8% at $75.41 a barrel.The Euro Stoxx 50 volatility index was down 1.6% at 17.94, 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.
Business sentiment in Germany improved in June, with local companies becoming "less uncertain" over the current business environment amid hopes of easing geopolitical tensions in the Middle East.The ifo business climate index edged up to 85.6 points from the revised 85 points in May, data from the economic research institute showed Wednesday. The latest reading was in line with market forecasts.The current situation index came in at 87 points, up from the previous month's 86.1 points and the Investing.com consensus estimate of 86 points. The expectations indicator, which gauges companies' projections for the next six months, rose to 84.1 points from the revised 83.9 points earlier, against the expected 85 points."Interestingly, not only expectations but also the current assessment component improved in June. However, before getting overly enthusiastic, even with today's increase the Ifo index still remains below its pre-war level," ING said in a note. "Somehow, the German - and indeed the wider European - economy remains in a kind of twilight zone. Hard data will continue to show the fallout from the war in the Middle East and soaring energy prices, while soft data such as this morning's Ifo index, points to a return of optimism."Ifo said sentiment among companies in the services industry improved, with the indicator rising to -5.1 points from -6.9 points, supported by a continued recovery in the transport and logistics sector.The construction and trade industries also saw an improvement in business sentiment to -23.1 points and -26.7 points, respectively, from -24.1 points and -30 points amid less pessimistic expectations over the coming months.In the manufacturing sector, the business climate index climbed to -12.8 points from -14.7 points. Companies' assessment of their current business situation turned slightly negative while expectations improved.
KNDS on Wednesday confirmed its intention to launch an initial public offering, with listings on both the Euronext Paris and the Frankfurt Stock Exchange, as the pan-European land defense group aims to scale operations to meet demand from modernizing European armed forces."We are entering our next chapter from a position of strength, with high demand visibility, a record backlog and an industrial platform that we continue to expand across Europe. The planned IPO is a natural next step for KNDS. It will increase our strategic agility and support continued investment in capacity, innovation and next-generation technologies," KNDS Chief Executive Officer Jean-Paul Alary said.That record backlog sits at 33.1 billion euros as of Dec. 31, 2025, according to the group. KNDS added that the pipeline secures long-term revenue visibility and supports its medium-term target of achieving 11 billion euros to 12 billion euros in annual revenue.Existing shareholders, French state-owned holding company Giat Industries and private German holding company Wegmann & Co, plan to sell up to 20% of KNDS' existing share capital as part of the IPO. The offering will be restricted to private placements targeting institutional investors.Concurrently, the German government agreed in principle to acquire a 40% stake in KNDS from Wegmann through its state-owned development bank, KfW. This investment is expected to close before the stock exchange listing, with Germany bearing all associated costs and risks.Following the IPO and KfW investment, France's Giat and Germany's KfW will each hold a 40% stake in KNDS, leaving up to a 20% free float.
Germany's business climate index edged up to 85.6 points in June from the revised 85 points in May, according to data from the ifo Institute published Wednesday.Analysts expected 85.6 points for the month.Meanwhile, the current situation index stood at 87 points, against the prior 86.1 points and the Investing.com consensus estimate of 86 points.The expectations indicator came in at 84.1 points, compared with the revised 83.9 points earlier and the market forecast of 85 points.
European bourses tracked lower midday Tuesday as traders joined global counterparts in stepping back from rich valuations in semiconductor and AI-related equities.Tech stocks led losses on continental trading floors, while food shares bucked trends to gain.Investors also eyed Wall Street futures flashing red, and lower closes overnight on Asian exchanges, including a 10% decline on Seoul's KOSPI index.In economic news, the flash Eurozone purchasing managers index composite output index, a combination of the continent's manufacturing and services sectors, struck 49.5 in June, up from 48.5 in May, but still below the 50-mark that separates private-sector growth from contraction, reported S&P Global.The pan-continental Stoxx Europe 600 Index was off 0.9% mid-session.The Stoxx Europe 600 Technology Index was down 3.1%, and the Stoxx 600 Banks Index lost 0.7%.The Stoxx Europe 600 Oil and Gas Index eased 1.2%, while the Stoxx 600 Europe Food and Beverage Index inclined 1%.The REITE, a European REIT index, fell 0.7%.On the national market indexes, Germany's DAX was down 1.2%, and the FTSE 100 in London lost 0.5%. The CAC 40 in Paris was down 0.8%, and Spain's IBEX 35 eased 0.5%.Yields on benchmark 10-year German bonds were lower, near 2.91%Front-month North Sea Brent crude-oil futures were steady near $77.46 a barrel.The Euro Stoxx 50 volatility index was up 14% at 18.56, 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.
The downturn in the euro area's private sector eased in June amid signs of softening inflationary pressures and a continued decline in new orders, according to flash data from S&P Global published Tuesday.The seasonally adjusted S&P Global Flash Eurozone Composite PMI Output Index rose to a three-month high of 49.5 from the previous month's 48.5. The provisional reading is still below the neutral 50 threshold but sits above the consensus estimate of 49.1.The services PMI hit a three-month high of 48.9, against the prior month's 47.7 and the Investing.com market forecast of 48.6, indicating a slower decline in business activity. On the manufacturing side, the PMI edged down to a four-month low of 51.3, compared with the prior reading and consensus estimate of 51.6."The eurozone economy is showing enough resilience to just about stay out of recession ... There is welcome news of an easing in the recent downturn in services activity, with tourism and leisure related industries seeing signs of recovering demand after the initial disruptions from the war in the Middle East," S&P Global Market Intelligence Chief Business Economist Chris Williamson said. "Manufacturing meanwhile continues to benefit from inventory building as customers front-run future prices rises or supply issues amid ongoing supply fears linked to the war. However, although widespread supply chain delays contributed to further upward pressure on prices, there are signs that concerns over supply and price trends are starting to moderate."Germany and France, the bloc's two largest economies, both recorded a decline in private sector output, while the rest of the euro area saw the greatest degree of output growth since the start of 2026.Business confidence improved for the second straight month in June, after reaching a 31-month low in April, on the back of increased optimism in both the manufacturing and services sectors. In terms of prices, the rate of input and output cost inflation slowed in June.S&P noted that most of the survey responses came in before the US and Iran signed a memorandum of understanding aimed at ending the war in the Middle East."Both manufacturing and services experienced a slower pace of increase in their input costs and also increased their own prices less quickly than in May. And with energy prices now substantially lower thanks to the US-Iran deal, it could well be that this trend continues in the months ahead (if the deal holds, of course)," ING said in a note. "For the [European Central Bank], this is dovish news. If the environment which the PMI paints persists in the coming weeks, it will deter the ECB from hiking forcefully, as the inflationary environment would not be strong enough to require significant monetary tightening."
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.
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.
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.
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.
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.
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.
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.
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.
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.
(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.)
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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