German Economic Sentiment Hits 6-Month High
rttnews·- According to a survey released by the ZEW on Tuesday, Germany's economic sentiment rose in August to a six-month high. - The ZEW economic sentiment indicator increased from 26.3 in July to 34.2 in August, outperforming the expected 30.1. - This positive development was primarily driven by favorable corporate earnings and robust exports, reflecting an improved assessment of current conditions.Europe markets muted as softer US data cools Fed rate hike expectations
MSN·- European stock markets showed flat performance with minor index changes across major economies like the UK, Germany, and France. - Soft U.S. economic data reduced market expectations regarding Federal Reserve interest rate hikes. - Economic indicators included the Czech Republic's producer prices rising 1.6 % year-on-year in July and Norway recording a trade surplus of 89.3B Norwegian kroner.German economy withers as Rhine runs dry
MSN·- Germany's economic growth risks being cut in half this year due to heatwaves and drought causing record-low water levels in the Rhine. - Critical industries heavily rely on this major river to transport metals, chemicals, and fuel, but navigation has become increasingly difficult. - The depth at the Kaub gauge, representing the shallowest part of the river, has severely restricted shipping operations.European shares muted as softer US inflation eases rate-hike concerns
MSN·- European stock markets showed mixed performance as London declined slightly by 0.02 % and France remained flat while Germany gained 0.60 %. - Economic data released for July showed Germany’s wholesale prices rising 5.3 % year-over-year and French inflation accelerating to 2.1 %. - Finland recorded an annual inflation rate of 2.1 % in July while Romania’s economy contracted by 0.4 % year-over-year.DJIA Futures Up Over 100 pts; Advanced Micro Devices, Inc. Slumps 8.5% Pre-Mkt; French, German, Italian and Spanish Stocks Hit Record Highs; Infineon Down Nearly 5% After Results
AASTOCKS News·- US stock index futures rose moderately due to hopes for a temporary agreement between the US and Iran, with DJIA futures gaining 137 pts or 0.25%. - Advanced Micro Devices, Inc. slumped 8.5% pre-market as its 3Q26 revenue guidance fell short of high investor expectations despite beating 2Q26 adjusted net profit forecasts. - European stock indexes including the pan-European STOXX 600, along with French, German, Italian, and Spanish markets, hit record highs driven by various corporate updates.