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EU Car Registration Jumped 18.5%, UK Inflation Held at 8.7%

Jun 21, 2023
Bridgette Randall
European markets traded lower on the worries of higher rate and lingering economic recession worries. New car registrations in the EU rose for the tenth month in a row. UK consumer inflation stayed significantly elevated.

European Market Declined On Economic Jitters, German Wholesale Inflation Eased, Swiss Trade Surplus Expanded

Jun 20, 2023
Bridgette Randall
European markets traded lower for the second day in a row amid market jitters linked to higher rates and elevated inflation. Germany's producer price inflation declined for the eighth month in a row. Swiss trade surplus expanded to a 15-month high.

European Stocks Turn Lower, Bond Yields at 12-year Highs, Euro and Pound 14-month Highs

Jun 19, 2023
Bridgette Randall
European markets turned lower after reaching record highs and setting milestones in the previous week's trading. Bond yields traded at 12-year highs and the euro and the pound traded at 14-month highs.

European Markets Extended Gains, Eurozone Inflation Confirmed at 6.1%

Jun 16, 2023
Bridgette Randall
European markets extended weekly gains and bond yields remained elevated after the European Central Bank signaled additional rate hikes following the latest increase this week.

European Markets Trended Lower After ECB Signaled More Rate Hikes

Jun 15, 2023
Bridgette Randall
European markets traded lower on the worries of more rate hikes to follow. The European Central Bank hiked its key lending rates as expected and rates are expected to climb higher.

European Markets Looked Up and Euro Area Industrial Production Rebounded

Jun 14, 2023
Bridgette Randall
European markets advanced in cautious trading and the Euro Area industrial production rebounded in April. British GDP expanded marginally in April.

European Markets In Holding Pattern, Core German Inflation Stayed Above 5%

Jun 13, 2023
Bridgette Randall
European markets traded slightly higher and Germany's overall inflation eased but core inflation stayed above 5% for the fifth month in a row.

European Indexes Inch Higher In Cautious Trading, Natural Gas Ease

Jun 12, 2023
Bridgette Randall
European markets traded sideways ahead of rate announcements this week from the European Central Bank and the U.S. Federal Reserve. Natural gas prices retreated after rallying in the previous week.

European Markets Fall Ahead of Rate Decisions Next Week

Jun 9, 2023
Bridgette Randall
European markets edged lower after a volatile week and investors awaited rate decision next week. Inflation has cooled in recent months but prices are still rising at a faster pace than 2%, the level preferred by the European Central Bank.

European Markets Turn Cautious, Technical Recession In Eurozone

Jun 8, 2023
Bridgette Randall
European markets retained downward bias ahead of rate decisions next week. The eurozone economy dipped into technical recession after GDP shrank unexpectedly in the first quarter.

European Markets Rest, German Industrial Production Rebounded, French Trade Deficit Widened

Jun 7, 2023
Bridgette Randall
Investors adopted wait and see approach ahead of central bank actions next week. German industrial production rebounded and French trade deficit widened and UK home prices eased.

Germany's Trade Surplus Widened, Service Sector Growth Slowed In Spain and Italy

Jun 5, 2023
Bridgette Randall
Germany's trade surplus widened in April after exports rose and imports fell. Eurozone business growth slowed in May and the service sector expanded at a slower pace in Italy and Spain. Crude oil advanced after Saudi Arabia announced additional production cuts.

European Markets Rally, French Industrial Production Rebounded, Jobless On Record In Spain Dropped

Jun 2, 2023
Bridgette Randall
Bond yields traded lower in the Euro Area and the U.S. dollar eased. French industrial production recovered in April and the number of registered unemployed people declined in May to the lowest level since 2008.

European Markets Rebounded After Eurozone Inflation Eased and New Record Low In Jobless Rate

Jun 1, 2023
Bridgette Randall
European markets rebounded after inflation in the eurozone dropped in May and jobless rate dropped to a new record low in April.

Growth Worries and Weak Resource Stocks Dragged Down European Markets

May 31, 2023
Bridgette Randall
European markets were dragged down by weak energy, resource and industrial sectors. Crude oil extended decline for the second day in a row after China's manufacturing sector contracted at a faster pace in May. Consumer price inflation eased in France and Italy.


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