Tag Archives: Euro Zone
European Stocks Stagnate Amid Conflicting Market Sentiments
European stock markets closed flat on Tuesday. The STOXX 600 index edged 0.29% higher, while the STOXX 50 raised 0.08%—persistent concerns about the economic outlook continued to weigh on investor sentiment. Economic data released on the day painted a mixed picture. German factory orders unexpectedly rose 3.9% in June, significantly surpassing market forecasts of a […]
European Markets Falter as Tech, Luxury Shares Slump; Investors Eye Signals
European stocks ended lower on Monday despite a promising start, with the Stoxx 50 of the Eurozone dropping 0.97% to 4,815.39 and the broader Stoxx 600 falling 0.20% to 511.79. The decline was primarily driven by the luxury and technology sectors, as investors assessed corporate earnings and awaited decisions from major central banks later in […]
Inflation Remains Stagnant in Euro Zone, Trade Activity Revives
As of February 2024, the confirmed yearly inflation rate in the Euro Area was 2.6%, marking the lowest in three months, yet still surpassing the 2% target that the European Central Bank set. Energy prices dipped by 3.7%, compared to a 6.1% fall in January. Inflation growth experienced a slowdown for food, alcohol & tobacco […]
