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.
Germany's overall construction activity remained in contraction territory in August, although the pace of decline markedly slowed amid a renewed pickup in commercial activity for the first time in over a year, S&P Global said Friday.The S&P Global Germany Construction PMI Total Activity Index rose to 48.7 from 42.1 in July, nearing the 50-point neutral mark and marking the highest reading in eight months.
France's construction sector fell deeper into contraction territory in August 2026, as total activity recorded its steepest decline since May 2020, with steeper drops in new business and employment, S&P Global said Friday.The S&P Global France Construction PMI Total Activity Index plunged to 37.3 in August from 41.5 in July.
Contraction in the euro area's construction sector intensified in August, as total activity continued its downward trend amid the fastest decline in new orders since April, S&P Global said Friday.The S&P Global Eurozone Construction PMI Total Activity Index was down to 43 from 44.3 in July.
Germany's monthly factory orders gained 2.5% in July, following a revised 3.7% rise in June, according to preliminary data from the country's Federal Statistical Office published Friday.Analysts expected a 0.3% increase for the month.On a yearly basis, new orders in manufacturing were up 13.1%, against a revised 7.2% growth earlier.
European bourses tracked modestly higher midday Thursday as traders weighed softer bond yields but kept on eye on rising global crude-oil prices.Bank stocks led mild gains on continental trading floors, while property and oil shares lagged.The pan-continental Stoxx Europe 600 Index was up 0.2% mid-session.Soitec shares were up 16% midday after the company said it is projecting Q2 2027 revenue would rise by 50% year over year, versus a 30% increase anticipated previously.Front-month North Sea Brent crude-oil futures were up 1% at $96.60 a barrel in midday action.Investors also eyed muted Wall Street futures, and mixed closes overnight on Asian exchanges.In economic news, eurozone producer prices rose 1.6% month over month in July, and were up 1.4% in the broader EU, Eurostat reported. Year over year, producer prices rose by 5.8% in the eurozone and by 5.6% in the EU, pushed primarily by energy costs.Among sectors, the Stoxx Europe 600 Technology Index was up 0.2%, and the Stoxx 600 Banks Index gained 0.4% mid-session.The Stoxx Europe 600 Oil and Gas Index eased 0.2%, while the Stoxx 600 Europe Food and Beverage Index declined 0.1%.The REITE, a European REIT index, fell 0.3%.On the national market indexes, Germany's DAX was up 0.1%, and the FTSE 100 in London gained 0.3%. The CAC 40 in Paris was down 0.2%, and Spain's IBEX 35 advanced 0.4%.Yields on benchmark 10-year German bonds were lower, near 3.35%.The Euro Stoxx 50 volatility index was down 2% at 17.17, 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 ifo Institute raised its economic growth forecasts for Germany in 2026 and 2027, supported by the government's "highly expansionary" fiscal policy amid the energy price shock caused by the ongoing war in the Middle East.In its autumn economic forecast published Thursday, the research institute said it now expects the country's gross domestic product to grow 1.4% this year before easing to 1.2% in 2027.The latest figures compare with ifo's previous GDP growth projection of 0.8% for both 2026 and 2027. For 2028, the German economy is expected to see a 0.8% expansion."Expansionary fiscal policy in Germany and growing impetus from abroad prevented a more severe economic slowdown due to the energy price shock. Value added increased particularly in the manufacturing sector and among business-related service providers," the ifo said. "However, new economic upsets have emerged since July. After the ceasefire in the Iran War ended, energy prices once again rose sharply. At the same time, rivers in Germany reached record low levels, which is likely to result in production disruptions in economic sectors that are especially dependent on waterways."Meanwhile, headline inflation is now projected to reach 2.8% in 2026, before picking up to 3% in 2027, against the prior estimates of 2.9% and 2.7%, respectively. German headline inflation is then expected to slow to 2.3% in 2028.
A survey conducted by S&P Global showed that the majority of European sectors reported an increase in new orders in August 2026, marking the largest number of segments seeing demand growth since May 2024.According to the S&P Global Europe Sector PMI released Thursday, 14 of the 19 monitored sectors saw new sales growth for the month. Meanwhile, business activity rose across 13 of the observed segments, similar to the previous month.The technology equipment sector continued to register the sharpest rise in business activity, with the pace of growth marginally moderating though remaining marked overall. Conversely, construction materials became the weakest-performing sector for the first time since January 2024, posting its steepest decline in output since November 2024.
The euro area's industrial producer prices rose 1.6% month over month in July, following a 0.3% decline in June, according to Eurostat data published Thursday.Analysts expected a 1.2% gain for the month.On a yearly basis, producer prices increased 5.8%, against the 4.6% growth earlier.
The euro area's private sector growth held steady in August, with the increase in manufacturing business activity offset by a slightly weaker demand in the services sector, according to final data from S&P Global published Thursday.The seasonally adjusted S&P Global Eurozone Composite PMI Output Index stood at 52 in August, unchanged from the previous month's eight-month high, against the flash estimate of 52.1.Meanwhile, the services PMI came in at 51.6, compared with the prior and initial reading of 51.7.
Growth in Germany's private sector continued to gain momentum in August, boosted by higher new business and export sales in the manufacturing sector.The final Germany Composite PMI Output Index ticked up to a five-month high of 51.8 in August from 51.3 earlier, S&P Global said Thursday. The final reading was above the flash estimate of 51.For the service sector, the final PMI clocked in at 49.7, compared with the initial estimate of 48.5 and the previous month's four-month high of 49.8.
France's private sector activity slipped deeper into contraction in August amid broad-based demand weakness and a sharper decline in the services economy, final data from S&P Global showed Thursday.The S&P Global France Composite PMI Output Index came in at 48.5 in August, below the flash estimate of 48.8 and down from 49.4 in July.Meanwhile, the services PMI came in at 48, down from the previous month's 49.6 and the preliminary reading of 48.4.
Italy's private sector expansion picked up in August, as the new business growth rate hit an almost two-and-a-half-year high amid an upward trend for the service sector.The S&P Global Italy Composite PMI Output Index stood at 53.6 in August, up from 52.5 in July, S&P Global said Thursday. The latest figure was the second-highest reading in more than three years.On the services side, the PMI was at a nearly three-and-a-half-year high of 55.2, compared with the previous 52.5 and the expected 53.6.
Spain's private sector activity continued to expand in August 2026 for the fourth straight month as a solid increase in the service sector offset the biggest decline in manufacturing output since December 2023.The S&P Global Spain Composite PMI Output Index dropped to 55.8 from 56.5 in July, S&P Global said Thursday.For the service sector, the PMI came in at 57.8, against the previous 58.3 and the consensus estimate of 59, marking the second-highest reading in nearly 3.5 years.
European bourses tracked moderately lower midday Wednesday as European and global bond yields tracked higher, sparked by higher energy costs and government borrowing.Food and property stocks led losses on continental trading floors, while oil shares nearly held firm.Investors also eyed Wall Street futures in the red amid lower closes overnight on Asian exchanges.In economic news, yields on benchmark 10-year German bonds increased to nearly 3.38% midday, testing 16-year highs. Similarly, 10-year UK gilts offered 5.26%, the highest since 2007.The pan-continental Stoxx Europe 600 Index was off 0.7% mid-session.The Stoxx Europe 600 Technology Index was down 0.7%, and the Stoxx 600 Banks Index lost 0.3%.The Stoxx Europe 600 Oil and Gas Index eased 0.1%, while the Stoxx 600 Europe Food and Beverage Index declined 1%.The REITE, a European REIT index, also fell 1%.On the national market indexes, Germany's DAX was down 0.6%, and the FTSE 100 in London lost 0.4%. The CAC 40 in Paris was down 0.4%, and Spain's IBEX 35 eased 0.1%.Front-month North Sea Brent crude-oil futures were down 0.4% at $94.32 a barrel.The Euro Stoxx 50 volatility index was up 5.2% at 18.41, but 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.
Italy's industrial producer prices rose 2.4% month over month in July, following stable growth in June, data from statistics agency Istat showed Wednesday.On a yearly basis, the index was up 7.8%, compared with the 5.8% rise earlier.
The number of individuals registered as unemployed in Spain climbed by 44,419 in August, after an increase of 19,517 in July, according to government data published Wednesday.Analysts expected an increase of 15,400 in unemployment levels for the month. The reading marked the lowest level for the month since 2007.
The seasonally adjusted unemployment rate in the euro area stood at 6.4% in July, unchanged from the revised June figure, according to Eurostat data published Tuesday.The latest reading is above the consensus estimate of 6.3%.
European bourses tracked moderately lower midday Tuesday as traders weighed rising interest rates and oil prices, and renewed turmoil in the Persian Gulf.The pan-continental Stoxx Europe 600 Index was off 0.7% mid-session.Front-month North Sea Brent crude-oil futures were up 4.2% at $92.10 a barrel, in midday trades.Yields on benchmark 10-year German bonds were higher, near 3.35% and testing 15-year highs.Oil stocks led gains on continental trading floors, while property and tech shares declined.Investors also eyed Wall Street futures in the red, and mixed closes overnight on Asian exchanges.In economic news, the European consumer price index (CPI) rose 3.3% on year in August, up from a 2.9% on-year rate in July, reported Eurostat. Energy bills were cited for the increase.The Stoxx Europe 600 Technology Index was down 1.4%, and the Stoxx 600 Banks Index lost 0.9%, in midday action.The Stoxx Europe 600 Oil and Gas Index rose 1%, while the Stoxx 600 Europe Food and Beverage Index declined 0.5%.The REITE, a European REIT index, fell 1.3%.On the national market indexes, Germany's DAX was down 1.1%, and the FTSE 100 in London lost 0.8%. The CAC 40 in Paris was down 0.3%, and Spain's IBEX 35 eased 0.8%.The Euro Stoxx 50 volatility index was up 4.4% at 17.58, 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 euro area's annual inflation rate accelerated in August as the ongoing war in the Middle East keeps energy prices elevated, further bolstering expectations that the European Central Bank would increase its interest rates at its upcoming monetary policy meeting.Flash estimates published by Eurostat on Tuesday showed that eurozone inflation climbed to 3.3% in August from 2.9% in July, in line with consensus expectations. Month over month, consumer prices were 0.4% higher, following a 0.2% rise previously.Energy inflation was the top contributor to the increase in the annual rate, rising to 14.3% during the month from the prior 10.3%. Inflation in non-energy industrial goods also edged up, while the price growth in services eased to 3% from 3.3%. Meanwhile, growth in the prices of food, alcohol and tobacco remained stable at 1.2%.Excluding energy, food, alcohol and tobacco, the annual inflation rate came in at 2.4%, below the previous and expected 2.5%. On a monthly basis, core consumer prices edged up 0.2%."Yes, headline inflation increased from 2.9 to 3.3% in August, but core inflation fell back to 2.4%. Upside risks to inflation remain aplenty but the core rate remains surprisingly benign six months into the Middle East conflict," ING said, noting that the latest headline inflation reading marks the highest since the war began. "Energy prices could see another leg up, droughts are impacting supply chains, and the economy is still performing reasonably well, which makes the pass-through of higher costs easier. And indicators of wage growth have started to move up. So while it's fine now, do expect core inflation to rise further in the months ahead."Among the euro area's top economies, preliminary data showed that harmonized inflation rates rose year over year in Germany and France. Italy and Spain also saw increases in the harmonized index of consumer prices over the period."For the European Central Bank, the jump in the headline inflation rate makes a September hike easier to sell. But the stubbornly benign core inflation rate should make for an interesting debate about a possible subsequent hike into restrictive territory," the research firm added.The ECB is set to decide on its monetary policy on Sept. 10.
Italy's annual inflation rate increased to 3.3% in August from 2.9% in July, provisional data from statistics agency Istat showed Tuesday.On a monthly basis, consumer prices ticked up 0.5%, as expected, compared with the prior 0.3% uptick.The Italian harmonized inflation rate stood at 3.2% on an annual basis, in line with the market forecast and against the previous 2.9%. Month over month, harmonized consumer prices were 0.1% higher, compared with the 1% drop previously.Core inflation, meanwhile, eased to 1.5% from 1.6% earlier.
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