Market Pulse - Europe
German inflation falls to lowest levels since start of Ukraine war
Germany's inflation rate looked set to decrease to 4. 5% in September, marking the lowest level seen since the onset of the war in Ukraine, according to provisional figures from the country’s federal statistical office on Thursday.
German business activity contracts through Q3 - PMI
German private sector business activity remained in contraction territory in the third quarter, according to Friday's HCOB flash composite purchasing managers’ index (PMI) output index.
Poundland set to buy 71 Wilko locations
Another 71 Wilko stores were set to change nameplates, it emerged on Tuesday afternoon, as Poundland stepped in to acquire the locations.
European Commission cuts economic growth expectations
The European Commission unveiled its summer 2023 economic forecast on Monday, cutting its expectations for growth across the eurozone and the wider 27-member European Union.
Europe close: Stocks and euro slip, oil jumps
European shares extended losses on Tuesday as weak services survey data from China and the eurozone dampened sentiment.
Eurozone investor sentiment slides back in September
A rise in eurozone investor sentiment in August was being painted as merely a blip on Monday, after the Sentix index slid further than expected in September.
Europe close: Shares mixed as investors digest US payrolls
European stock markets closed with mixed results on Friday, despite varying manufacturing data, as investors weighed the implications of a crucial jobs report from the United States.
Europe midday: Markets higher as eyes turn to US jobs report
European stock markets were mildly higher on Friday despite some mixed manufacturing data, as investors awaited a key jobs report from the US.
Eurozone manufacturing continues sustained decline in August
The eurozone manufacturing sector continued its sustained contraction in August, according to the latest HCOB/S&P Global eurozone manufacturing purchasing managers’ index survey released on Friday.