Breaking News: Europe
Euro rises after euro zone inflation hits ECB’s 2% target
European government borrowing costs fall Yields on European government bonds moved lower in the wake of the latest euro zone inflation print, which showed inflation hit the ECB’s 2% target in June. The yield on the German 10-year bund — seen as a benchmark for the euro zone — was 4 basis points lower by […]
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Euro zone inflation edges higher, hitting ECB’s 2% target in June
A Carrefour supermarket in Perpignan in the Pyrenees-Orientales department in the south of France on Jan. 3, 2025. Jc Milhet | Afp | Getty Images Euro zone inflation rose slightly to 2% in June, according to flash data from statistics agency Eurostat on Tuesday, meaning consumer prices in the single currency area are now in line […]
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German inflation unexpectedly falls to 2% in June, hitting ECB’s target
Janine Kraft, store manager of the Tante Enso store in Wörlitz, Germany, sorts goods onto the shelves. Picture Alliance | Picture Alliance | Getty Images Germany’s annual inflation rate unexpectedly eased to 2% in June, bringing Europe’s largest economy in line with the European Central Bank’s target, preliminary data from statistics office Destatis showed Monday. […]
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British pound gains as UK-U.S. trade deal cuts autos, aviation tariffs
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European markets set to open in mixed territory as investors weigh ceasefire, NATO move
Here are the opening calls The London skyline on Sept. 15, 2023. Yui Mok – Pa Images | Pa Images | Getty Images Good morning from London, and welcome to CNBC’s live blog covering all the action in European financial markets on Thursday, and the latest regional and global business news, data and earnings. Futures […]
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European defense stocks jump 1% as world leaders meet for NATO summit
Defense stocks jump HMS Venturer is rolled out from the build hall at Babcock Rosyth on May 27, 2025, in Rosyth, Scotland. Jeff J Mitchell | Getty Images European defense stocks rallied on Wednesday morning, as world leaders gather in The Hague, Netherlands, for the annual NATO summit. The military alliance’s 32 member states, with […]
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European stocks open 1% higher after Trump announces Iran-Israel ceasefire
European stocks open higher We’re 20 minutes into Tuesday’s trading session, and the regional Stoxx 600 is up by around 1.2%. Travel and leisure stocks are leading the gains, with airlines jumping after the announcement of an Israel-Iran ceasefire. The Stoxx Travel and Leisure index was last seen trading 4.2% higher, putting it on track […]
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European markets start the week lower as Middle East crisis worsens
Dollar rises, yen falls As markets digest the U.S. strikes on Iran over the weekend, the dollar is on the rise, while other currencies typically seen as safe havens have lost momentum. The U.S. dollar index — which measures the greenback against a basket of major rivals — was 0.3% higher by 8:25 a.m. in […]
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European stocks rebound as focus remains on Middle East; UK retail sales slide
Apollo to supply £4.5 billion loan to UK nuclear project Cranes surround one of the two reactors being constructed at Hinkley Point C on September 27, 2024 in Bridgwater, England. Anna Barclay | Getty Images News | Getty Images U.S. asset management giant Apollo is set to provide a £4.5 billion ($6 billion) loan to plug a shortfall facing […]
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Bank of England holds rates steady, but a summer cut could still be in the cards
Exterior of the Bank of England in the capital’s financial district, on Feb. 6. 2025 in London, England. Richard Baker | In Pictures | Getty Images The Bank of England kept its key interest rate on hold at 4.25% during its Thursday meeting, with economists expecting the central bank to wait until August before it […]
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