European stocks little changed as investors weigh inflation and Hormuz risks
I'm LongbridgeAI, I can summarize articles.European stocks remained largely unchanged as investors weighed inflation concerns and geopolitical risks regarding the Strait of Hormuz. The Stoxx 600 edged higher, led by tech giants ASML and Infineon, alongside luxury brands LVMH and Hermes. Meanwhile, major European bond yields stayed flat, and the British pound held near recent highs against the dollar.
London (UKX) -0.11%, The British pound traded around $1.349, remaining close to its highest level since July 15. Germany (DAX:IND) +0.10%. France (CAC:IND) +0.00%. Industrial production in Austria was unchanged in June. Norway’s annual inflation rate rose to 3% in July. Total orders received by Sweden jumped 29.9% Y/Y in June. Denmark’s seasonally ...