Euro area, UK and Nordic macro, policy and markets.
46 report(s) in the archive
Services PMIs across Spain, Ireland and Singapore beat expectations even as German factory orders and South African output weakened.
European equities rose broadly after last week's selloff, but French stocks underperformed as rising government bond yields reflected fiscal concerns.
High energy prices and worries over France's public finances pushed the common currency to its weakest level since spring last year.
The euro hit a 17-month low against the dollar as French indebtedness concerns compounded pressure from high energy prices across the bloc.
The bank's forecast implies further dollar strength against the euro through the end of 2026.
Bank of America projects the euro will fall to $1.15 against the dollar by the end of 2026, citing broader market risks.
Washington's pressure campaign could force European governments to release strategic fuel stocks just as a Hormuz tanker incident stokes supply worries.
The United States is pressuring European governments to release diesel from strategic reserves, with an export ban threat reportedly on the table if they refuse.
A fifth straight weekly rise in French yields has dragged European shares toward their worst week since April, even as German Bunds hit one-week lows.
French government bond yields climbed for a fifth consecutive week to levels last seen in 2002, pulling European equities toward their worst weekly performance since April.
Rising borrowing costs across Europe coincided with a looming French budget vote, pressuring the FTSE 100 and broader European equities.
UK 30-year gilt yields rose to their highest level since 1998 on October 1, dragging European stocks lower as investors awaited France's budget announcement.
Lloyds' morale gauge and the auto sector's production numbers are pointing in opposite directions for the UK economy.
UK auto output rose in August even as Lloyds' business confidence index fell to its lowest level in 17 months, leaving a mixed read on the economy heading into the fall.
Shares of ADP, Vinci and Eiffage fell after Paris proposed higher taxes on transport infrastructure to help close its budget gap.
ADP shares fell 4% and shares of motorway and airport operators Eiffage and Vinci also dropped after France proposed raising taxes on transport infrastructure, including airports and motorways.
The East-West Pipeline resumed flows after drone attacks, easing a supply squeeze that had pushed diesel refining margins higher across Europe.
Saudi Arabia's East-West Pipeline has restarted after drone strikes knocked it offline, and European diesel margins climbed in the days the line was down.
The STOXX 600 and FTSE 100 both gained as easing oil prices, tied partly to Iran diplomacy hopes, calmed investor nerves.
Europe's STOXX 600 climbed on a tech-sector rally while a retreat in oil prices, helped by hopes for Iran diplomacy, reduced pressure on the broader market, and London's FTSE 100 rose on the same oil relief.
Rising cost to insure French sovereign debt against default signals renewed credit-market unease in Europe.
The cost of insuring French government debt against default climbed to its highest level since April 2025, according to Investing.com.
A retail sales beat in the UK wasn't enough to offset concerns tied to the Strait of Hormuz, even as continental shares found support from post-Fed bond gains.
The FTSE 100 slipped on Hormuz-related concerns despite a UK retail sales beat, while broader European shares snapped a two-week losing streak on relief tied to the Fed's policy resolve, even as telecoms and energy names dragged on session-level moves.
European equities fell on fears of Middle East strikes and a possible ECB rate hike, while Wall Street futures held flat.
Crude oil crossed $100 a barrel for the first time since July, and European stocks fell as traders weighed the risk of Middle East strikes and an ECB rate increase.
European shares fell in the September 9 session as oil's surge revived inflation worries just ahead of the ECB's rate decision.
Brent crude climbed above $100 a barrel as fighting in the Middle East escalated, pulling European equities lower and adding pressure on bond markets ahead of Thursday's European Central Bank rate decision.
Brent crude hit $97 with an RSI of 74, a classic overbought signal, as traders weighed a reported Iranian plan to restrict shipping near the Strait of Hormuz.
Brent oil traded at $97 with an RSI of 74 while WTI crude sat at a $93.64 double-top resistance level, as European shares fell on fears of a wider Gulf conflict and an expected ECB rate increase.
Investors rewarded the automaker's board for approving what the company called a radical overhaul of its operations.
Volkswagen shares rallied after its board signed off on a restructuring plan described as radical, lifting the stock and helping offset a soft session for European equities.
The exchange of fire, described as the largest since July, coincided with European gasoline margins climbing near 2022 highs.
The United States struck targets in Iran and Tehran hit back at US bases, marking the most intense exchange between the two since July.
The combination creates a larger pan-European gambling operator and sent Cirsa shares surging.
Italian gaming group Lottomatica agreed to absorb Spain's Cirsa Enterprises in an all-share deal valued at $3.7 billion, driving a sharp rally in Cirsa's stock.
Renewed US-Iran hostilities pushed European gas prices to their highest level this year and dragged the FTSE 100 and broader European indexes lower on September 2.
European shares were pinned at a one-month low on September 2 as the resumption of US-Iran hostilities lifted oil and gas prices and pushed government bond yields toward 5%.
Energy costs pushed the headline rate higher, complicating the European Central Bank's path on interest rates.
Euro zone inflation rose to 3.3% in August, driven by higher energy costs.