European markets edged higher, bond yields held steady, and energy prices extended weekly losses. NATO leaders haggle over rising national defense costs as the U.S. seeks ways to lower its commitment to the region.
European markets trimmed weekly losses amid expectations of a possible temporary ceasefire between Israel and Iran. The UK's retail sales declined, largely driven by a sharp fall in food store sales.
European markets traded down, and investors reviewed rate decisions from major central banks. The Norges Bank and Riksbank lowered their policy rates and signaled additional rate cuts in 2025. The Bank of England held rates steady in a 6-to-3 vote.
Crude oil and natural gas supply disruption worries added to the lingering U.S. tariff uncertainty. The Bank of England is widely expected to hold interest rates on Thursday after the latest inflation update showed persistent upward price pressures. Sweden's Riksbank trimmed rates as expected.
European stock market indexes turned lower, and crude oil and natural gas prices edged higher, as investors worried that the protracted Israel-Iran war could spike inflationary forces.
On Friday, European markets fell sharply due to concerns about an energy supply disruption and the potential for a wider war in the Middle East following Israel's strikes on military and nuclear infrastructure.
European markets traded down after ECB's rate decisions, as inflation in the eurozone dropped below the central bank's target rate in May. Germany's factory orders unexpectedly advanced in April.
European stocks traded higher, bond yields held firm, and the euro edged higher amid expectations of a rate cut by the European Central Bank on Thursday.
European stock market indexes struggled near record highs ahead of rate decisions by the ECB on Thursday. Spain's labor data confirmed the downward trend in the jobless rate in May.
European markets traded down amid renewed trade tensions with the U.S. Defense stocks rallied after Ukraine carried out drone attacks on military airbases in Russia.
