European markets in green again, marking the best week since January

European markets in green again, marking the best week since January. The pan-European Stoxx 600 (STOXX) moved 0.60% higher. Bank of England held rates steady at 5.25%. U.S. 10-year Treasury yield up less than 1 basis point.

European markets mostly in red ahead of BOE interest rate decision

European markets mostly in red ahead of BOE interest rate decision. The pan-European Stoxx 600 moved 0.14% lower after four sessions of gains. Investors will be closely watching BOE's interest rates decision. Slovakia's trade surplus narrowed to €577.4M in March 2024.

iShares MSCI France ETF: Quarterly report

European markets in green amid corporate earnings flurry

Euro Area retail sales rise 0.8% in March

Euro Area retail sales rise 0.8% in March over the previous month. On a yearly basis, retail sales in the Euro Area increased 0.7% in February and 0.80% in March. Retail sales rose 0.9% in April over the same period.

European markets extend gains on possibility of rate cut

European markets extend gains on possibility of rate cut. The pan-European Stoxx 600 (STOXX) moved 0.51% higher, in green territory for a third consecutive day. Euro Area retail sales expected shortly. U.S. 10-year Treasury yield unchanged at 4.50%.

France records lowest trade deficit since Jan 2021

France records lowest trade deficit since Jan 2021. Exports from France advanced 2.8% M/M to an eight-month high of €52.2B in March 2024. France’s trade deficit narrowed to €5.5B in march 2024.

China's Xi In Meeting With Macron, Von Der Leyen Says China, France And EU All Wish To See An Early Ceasefire And Return Of Peace In Europe, And Support Political Settlement Of The Crisis;Xi Says Three Parties Need To Jointly Oppose Spillover And Escalation Of The Fighting, Create Conditions For Peace Talks, Safeguard International Energy And Food Security, And Keep Industrial And Supply Chains Stable; Xi Says China Did Not Create Ukraine Crisis, Nor Is It A Party To It

Weekly Report: what happened at EWQ last week (0429-0503)?

European markets in green, extending global rally

Euro Area services and composite PMI rise to 11-month high

Euro Area services and composite PMI rise to 11-month high. The HCOB Eurozone Services PMI Business Activity Index signalled a strengthening of the euro area's service sector recovery in April. Overall, this pointed to the strongest expansion in services activity in just under a year.

France services PMI rises to 51.3 in April

France services PMI rises to 51.3 in April for the first time since May 2023. Headline index signalled a modest rate of increase in output at the start of the second quarter. France's service sector back in expansion as demand improves. IShares MSCI France ETF (EWQ)

Euro Area unemployment unchanged at 6.5% in March

European markets surge on improving market sentiment

European markets surge on improving market sentiment. UK's service sector grows strongest since May 2023. Italy's unemployment rate unexpectedly dropped to 7.2% in March 2024, the lowest in over 15 years. The pan-European Stoxx 600 moved 0.32% higher. Earnings report from French banking giants gave momentum to the market.

France industrial production drops 0.3% in March

European markets mixed after Fed decision

European markets mixed after Fed decision. The pan-European Stoxx 600 (STOXX) moved 0.08% lower. Industrial producer prices in Italy fell by 9.6% in April 2024. In the bond market, the U.S. 10-year Treasury yield was up two basis points.

Euro Area manufacturing PMI dips to 45.7 in April

Euro Area manufacturing PMI dips to 45.7 in April. The index posted in sub-50.0 contraction territory for a twenty-second consecutive month. Factory production falls at slowest pace in a year and confidence rises, but new order decline quickens. The HCOB Eurozone Manufacturing PMI noted at 45. 7, down from 46.1 in March.

France manufacturing PMI fell to 45.3 in April

France manufacturing PMI fell to 45.3 in April from 46.2 in March. This signalled a fifteenth monthly deterioration in operating conditions across France's manufacturing sector. French factory output restricted by rapid fall in new orders and backlogs of orders. The seasonally adjusted HCOB France Manufacturing Purchasing Managers’ Index fell to 46.1 in April.

London index rises while rest of Europe is closed

London index rises while rest of Europe is closed for Labor day. S&P Global Greece Manufacturing PMI slightly fell to 55.2 in April 2024. The pan-European Stoxx 600 moved 0.08% lower. Investors remain cautious of the upcoming US Federal Reserve policy decision.

Euro Area GDP expands 0.3% in Q1, inflation steady at 2.4% in April

Euro Area GDP expands 0.3% in Q1, inflation steady at 2.4% in April. GDP in the Euro Area expanded 0.30% in the first quarter of 2024 over the previous quarter. The annual inflation rate remained steady at two.4%.