May 30, 2023
Bridgette Randall
The sharp decline in energy prices dragged consumer price inflation lower in Spain and producer price inflation negative in Italy.

May 29, 2023
Bridgette Randall
European markets advanced in thin trading following the U.S. debt ceiling agreement. Stocks lacked direction and markets in the U.S. and U.K. were closed for a holiday.

May 26, 2023
Bridgette Randall
European markets rebounded from two-month lows amid U.S. debt ceiling talks optimism. Crude oil erased losses of the week and the dollar index traded at a two-month high.

May 25, 2023
Bridgette Randall
European markets struggled after the U.S. debt ceiling talks showed no progress and German GDP in the first quarter was downwardly revised to a contraction, entering the economy into a technical recession.

May 24, 2023
Bridgette Randall
Benchmark indexes in Europe turned sharply lower after the U.S. debt ceiling talks stalled as the default date approached. The yields on German, French, Italian and the UK bonds inched higher.

May 19, 2023
Bridgette Randall
European markets extended weekly gains after positive corporate earnings lifted market sentiment supported by the progress in debt limit talks in the U.S.

May 18, 2023
Bridgette Randall
European markets rebounded and benchmark indexes in Germany and France reached new highs surpassing the previous highs in January 2022. Spain narrowed its trade deficit in March and Italy's trade surplus expanded.

May 17, 2023
Bridgette Randall
European markets edged lower after core inflation stayed near record high in April. Passenger car registration growth slowed in April but Spain, Italy, France and Germany registered sharp gains.

May 16, 2023
Bridgette Randall
European markets barely budged amid flood economic data from the Euro Area, UK, China and India. GDP in the Euro Area barely expanded in the first quarter and employment rose in the currency union. China's weaker-than-expected data showed uneven economic rebound.

May 15, 2023
Bridgette Randall
European markets advanced after the European Commission revised higher its annual economic growth outlook for the region. The Euro Area inflation industrial production declined significantly in March and the German wholesale inflation index eased in April.

May 12, 2023
Bridgette Randall
Optimism prevailed in trading on European bourses. French consumer prices accelerated in April and the UK GDP barely expanded in the first quarter.

May 11, 2023
Bridgette Randall
European markets traded in a tight range and reviewed the latest inflation reports from the U.S. and China. The Bank of England lifted its key lending rate twelfth time in a row and said inflation will decline at a slower pace than previously estimated.

May 10, 2023
Bridgette Randall
European markets hovered near recent highs and investors reacted to the latest corporate results. The U.S. dollar edged higher ahead of the inflation report and bond yields in the region inched up slightly.

May 9, 2023
Bridgette Randall
European markets looked down and investors stayed on the sidelines ahead of two U.S. inflation reports later in the week. Crude oil rebounded from a six-week low and French trade deficit improved in March on lower cost of energy imports.

May 8, 2023
Bridgette Randall
European markets hugged the flatline and investors digested the latest rate hikes in the U.S. and the Euro Area last week. Regional banks and commercial real estate sectors are expected to bear the initial brunt of the current wave of interest rate shocks.


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