533 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.
Germany's business climate index edged up to 86.6 points in July from the revised 85.7 points in June, according to data from the ifo Institute published Monday.Analysts expected 86.1 points for the month.Meanwhile, the current situation index stood at 86.5 points, against the prior 87 points.The expectations indicator rose to 86.7 points from the revised 84.3 points earlier.
The annual adjusted loans to nonfinancial corporations increased 4% in June, unchanged from a month ago, according to data from the European Central Bank published Monday.Meanwhile, the growth rate for adjusted loans to households came in at 3%, unchanged from the revised figure in the previous month.
The euro area's M3 money supply rose 3.3% year over year in June, following a revised 3.0% increase in May, the European Central Bank said Monday.Analysts expected a 3.2% gain for the month.
European bourses tracked moderately higher midday Friday as traders weighed earnings reports, easing oil prices and looked for values after recent tech-sector retreats.Tech and bank stocks led gains on continental trading floors, while oil shares lagged.SAP (SAP) shares rose 5.3% midday after the German software enterprise reported Q2 financial results and a large rise in its cloud-related orders backlog.Front-month North Sea Brent crude-oil futures were down 3% at $97.63 a barrel, in midday action.Investors also eyed Wall Street futures in the green, but lower closes overnight on Asian exchanges.In economic news, the flash Eurozone composite purchasing managers index (PMI), a combination of the continent's manufacturing and service sectors, logged at 51.9 in July, up from 50.0 in June, and striking above the 50-mark that separates growth from contraction, reported S&P Global.The pan-continental Stoxx Europe 600 Index was up 0.5% mid-session.The Stoxx Europe 600 Technology Index was up 1.2%, and the Stoxx 600 Banks Index gained 1.2%.The Stoxx Europe 600 Oil and Gas Index eased 1%, while the Stoxx 600 Europe Food and Beverage Index inclined 0.7%.The REITE, a European REIT index, rose 0.3%.On the national market indexes, Germany's DAX was up 0.8%, and the FTSE 100 in London gained 0.1%. The CAC 40 in Paris was up 0.4%, and Spain's IBEX 35 lifted 0.8%.Yields on benchmark 10-year German bonds were steady, near 3.21%.The Euro Stoxx 50 volatility index was down 3% at 19.12, 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.
A renewed increase in new orders helped the euro area's private sector activity modestly grow for the first time in four months in July, according to flash data from S&P Global published Friday.The seasonally adjusted S&P Global Flash Eurozone Composite PMI Output Index rose to a five-month high of 51.9 from the previous month's 50, driven by the uptick in new orders, which climbed for the first time in five months and at their fastest pace since April 2023. The preliminary reading comes in above the consensus estimate of 50.3.The services PMI also hit a five-month high of 51.6, against June's 49.4 and the market forecast of 49.8, reflecting a resurgence in business activity. Meanwhile, the manufacturing PMI edged up to a three-month high of 52, higher than the previous reading of 51.4 and the expected 51.5, amid the sharpest rise in factory output since March 2022.Regarding the eurozone's two largest economies, Germany returned to growth for the first time in four months, while France's output decline eased. As a whole, the rest of the euro area delivered the fastest growth in eight months.Business expectations for the year ahead further improved from April's low point to reach a five-month high, though optimism remains weaker than levels seen before the conflict in the Middle East."However, whether all this good news can be sustained in the coming months largely depends on the situation in the Middle East. With oil prices on the rise again in recent days and shipping worries escalating, there's a danger that the economy could relapse if inflationary pressures intensify again and supply disruptions, notably for energy, derail this nascent upturn," S&P Global Market Intelligence Chief Business Economist Chris Williamson said.
The median rate of perceived inflation by euro area consumers for the year ahead decreased month over month in June, according to a European Central Bank survey published Friday.The latest monthly ECB Consumer Expectations Survey showed that median expectations for inflation in the next 12 months declined to 3% in June from 3.5% in the previous month. The estimate for the next three years ticked down to 2.8% from 2.9%, while the expectation for five years ahead held steady at 2.4%.Meanwhile, the uncertainty about inflation expectations for the next 12 months fell for the second month in a row but remained at an elevated level compared with before the start of the Middle East war.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 euro area's private sector activity expanded for the first time in four months in July, with both the manufacturing and services sectors seeing growth amid a renewed increase in new orders.The seasonally adjusted S&P Global Flash Eurozone Composite PMI Output Index hit a five-month high of 51.9, higher than the previous 50 and expected 50.3, flash data S&P Global showed Friday.Meanwhile, the services PMI reached a five-month high of 51.6, compared with the earlier reading of 49.4 and the market forecast of 49.8. On the manufacturing side, the PMI stood at a three-month high of 52, against the prior month's 51.4 and consensus estimate of 51.5.
Germany's private sector returned to expansion territory in July thanks to a "marked upturn" in manufacturing output and more robust demand for goods and services.The S&P Global Flash Germany Composite PMI Output Index came in at 51.2, up from 49.5 in June and above the 50 no-change threshold, data from S&P Global showed Friday. The reading, which marks a four-month high, is above the consensus estimate of 49.8.For the manufacturing sector, the PMI was at a four-month high of 52.2, against the prior reading of 50.3 and the market forecast of 50.4. On the services side, the PMI hit a four-month high of 49.6, compared with the previous 48.6 and the consensus estimate of 49.
France's private sector economy moved closer to stabilization in July, supported by a marginal dip in business activity and cooling inflation, data from S&P Global showed Friday.The S&P Global Flash France Composite PMI Output Index hit a five-month high of 49.6 in July, against the prior reading of 47.2. The index climbed to its highest level since the Middle East war began at the end of February.For the manufacturing sector, the PMI was at a two-month low of 50, lower than the June figure of 51.2 and the consensus estimate of 51. Conversely, the services PMI clocked in at a seven-month high of 49.8, compared with the previous 46.8 and the market forecast of 47.5.
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%.
Showing 61-80 of 533
