First published at 14:06 GMT; updated with the session's closing edition at 17:38 GMT. Madrid's IBEX 35 jumped 3.00% to lead all nine European indices we track higher on Wednesday, the day after Democrats won…
Europe's four-session rise ended on Friday: the Stoxx Europe 600 fell 0.41% as technology followed Wall Street's earnings night lower, while Eurostat's…
Mercedes-Benz lifted third-quarter net profit to €1.52 billion on Wednesday, a day after cutting its 2026 car margin guidance, while Stellantis narrowed…
BNP Paribas lifted third-quarter net income 13.5% to €3.46 billion on Wednesday, and UBS, Santander, Deutsche Bank and Standard Chartered also reported…
German production in industry rose 2.0 percent in August from July after seasonal and calendar adjustment, the Federal Statistical Office, Destatis, said…
German manufacturing orders fell 10.6 percent in August from July in real terms after seasonal and calendar adjustment, provisional figures from Destatis…
First published at 14:06 GMT; updated with the session’s closing edition at 17:38 GMT. Madrid’s IBEX 35 jumped 3.00% to lead all nine European indices we track higher on Wednesday, the day after Democrats won control of the US Congress. The Guardian reported that European shares powered ahead as markets reacted to the Democrats’ victory,…
Every European benchmark we track closed lower on Tuesday, London’s 1.14% fall the steepest, as the technology selloff crossed from Asia. In The Edge’s reading, this was risk coming off rather than conviction selling: losses were shallowest where the AI trade weighs least, with Milan barely moved, and deepest in London, where crude above $100…
Madrid led a mostly higher European close on Monday, the IBEX 35 up 1.63% after three sessions of declines, while crude’s slide sank energy shares 2.26%. In The Edge’s reading the oil move sorted Europe’s session: consumer and rate-sensitive names rose while the energy sector fell hardest of the tracked set, and basic resources led…
Real retail sales in Germany fell 2.0% in September, Destatis said, more than reversing August’s rebound and leaving volumes 2.3% below the level of a year earlier. For German retailers, the gap between value and volume is the story: shoppers spent 1.2% more than a year earlier and took home 2.3% less. In The Edge’s…
Germany’s inflation rate eased to 2.8% in October from 3.3%, the Federal Statistical Office’s flash estimate showed, as consumer prices fell on the month and core inflation slowed. For German households, October reverses September’s jump. For the European Central Bank, it brings a softer reading from Germany. In The Edge’s reading, the more telling move…
Europe’s four-session rise ended on Friday: the Stoxx Europe 600 fell 0.41% as technology followed Wall Street’s earnings night lower, while Eurostat’s flash showed growth slowing to 0.4%. In The Edge’s reading, the session repriced the global AI spending doubt rather than the euro area’s own data: the technology and bank sectors fell while health…
The euro area economy grew 0.4% in the third quarter, slower than the 0.6% of the second, as Spain led the four largest members and French output slipped. For businesses and policymakers in the currency bloc, the headline beat expectations while the largest economies lost speed: the quarterly rate was 0.2 points above the 0.2%…
Italy’s annual inflation jumped to 5.4% in October from 4.2%, a sharper acceleration than the October flash readings for France and Spain showed, as energy prices surged. For households and for the European Central Bank, the October readings show the energy shock reaching consumers at very different speeds: Italy’s regulated energy prices rose 59.5% on…
Europe rallied on Thursday after the European Central Bank held its rate and Christine Lagarde set her exit date, with Frankfurt’s 1.31% rise the day’s best and only Madrid lower. The pause followed increases at two of the bank’s previous three meetings, and in The Edge’s reading the one falling sector tells the story: the…
Volkswagen Group’s nine-month operating result fell to €71 million from €5.4 billion a year earlier, mainly on special items led by a non-cash impairment on Porsche goodwill. The largest charges were non-cash, yet the Porsche write-down is not tax deductible and the group swung to a €2.7 billion loss after tax. Automotive net cash flow,…