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European markets fall as Middle East tensions soar

European markets fall as Middle East tensions soar. The pan-European Stoxx 600 eased 0.8% on Friday, with industrials and construction stocks down. Israel launched missiles on Friday in a retaliatory strike against Iran. WTI crude oil has come off its highs after the reports.

Producer prices in Germany drop by 2.9% Y/Y in March

Producer prices in Germany drop by 2.9% Y/Y in March 2024. Nine consecutive month of producer deflation driven by a fall in energy costs. Germany's producer price inflation increased to 0.20% in March from -0.40% in February 2024.

European markets in green despite Wall Street declines

European markets in green despite Wall Street declines. Passenger car registrations in the European Union dropped 5.2% Y/Y to 1M units in March 2024. The pan-European Stoxx 600 moved 0.29% higher. In the bond market, the U.S. 10-year Treasury yield was down 2 basis points.

Euro Area inflation eases to 2.4% as expected

Euro Area inflation eases to 2.40% in March from 2.60% in February 2024, meets market expectation of 2.4% as expected. Inflation rate in the Euro Area decreased to two.40 per cent in March, from two.60 per cent last year.

European markets positive despite Fed's hawkish stance

European markets positive despite Fed's hawkish stance and higher-than-expected UK inflation. The pan-European Stoxx 600 moved 0.34% higher. U.S. 10-year Treasury yield up less than 1 basis point to 4.64%. Euro Area inflation numbers expected shortly.

Germany's economic sentiment rises to 42.9 in April

Germany's economic sentiment rises to 42.9 in April 2024, the highest since February 2022. The ZEW indicator of economic sentiment for Germany is highest since April 2022. Germany's ZEW economic sentiment is a measure of the country's economic outlook for the coming year.

Euro Area records trade surplus of €23.6B, economic sentiment rises in April

Euro Area records trade surplus of €23.6B, economic sentiment rises in April. ZEW economic sentiment index in the Euro Area increased to 43.90 points in April from 33.50 points in March 2024. Euro Area recorded a trade surplus in February 2024.

European markets slump on rising Middle-East tensions

European markets slump on rising Middle-East tensions. The pan-European Stoxx 600 moved 1.41% lower. Germany's wholesale prices fell by 3% year-on-year in March 2024. U.K. Unemployment rose to 4.2%, up from 3.9%.