EWUS

European indices mixed after sharp drops in previous two sessions

European indices mixed after sharp drops in previous two sessions. The pan-European Stoxx 600 moved 0.17% higher. Spain's unemployment rate fell to 11.27% in Q2. Sweden's trade surplus surged to SEK8.7B in June. Retail sales in Norway shrank 5.1% M/M.

Multi-Asset Mid-Year Outlook Global Growth Picture Supports Risk Assets

Why We Still Expect A Bank Of England Rate Cut In August

We expect a 6-3 vote in favour of a 25 basis-point rate cut on Thursday 1 August. Markets are on the fence about an August rate cut. Services inflation isn't as bad as the headlines suggest, says ING. The Bank of England is expected to continue to push for gradual rate cuts.

European markets choppy amidst earnings flurry and Wall Street selloff

European markets choppy amidst earnings flurry and Wall Street selloff. The pan-European Stoxx 600 moved 1.38% lower. Technology stocks tumbled. Nestle, Renault, Kering and Roche among companies set to report earnings. U.S. 10-year Treasury yield down 6 basis points to 4.23%.

Flash PMI Shows U.K. Businesses Gaining Confidence As Selling Prices Rise At Slowest Rate For 3½ Years

Flash PMI survey data for July signals an encouraging start to the second half of the year. Business activity rose for a ninth successive month in July. Growth accelerated in both manufacturing and service sectors. Prices charged have risen at their lowest rate for nearly three and a half years.

UK's flash composite PMI reading at 52.7 in July

UK's flash composite PMI reading at 52.7 in July, up from 52.3 in June. Flash manufacturing PMI at 51.8, a 24-month high. The S&P Global Flash UK PMI Composite Output Index rose from 50.9 in June to 52.6 in July.

European markets slide after corporate earnings and PMI numbers disappoint

European markets slide after corporate earnings and PMI numbers disappoint. The pan-European Stoxx 600 (STOXX) moved 0.75% lower. Underwhelming earnings from luxury giant LVMH hit its lowest level since January. Germany's flash composite PMI drops to 48.7 in July.

European markets mixed with a flurry of corporate earnings

European markets mixed with a flurry of corporate earnings reports. The pan-European Stoxx 600 moved 0.14% lower. The consumer confidence index in Turkey fell to 75.9 in July. The U.S. 10-year Treasury yield was down 2 basis points to 4.24%.