European markets closed down and inflation in the U.K. accelerated to a record four-decade high in July. The GDP growth slowed in the euro area in the second quarter.
European markets closed higher investors looked beyond the weak economic data in the region. Real wages declined in the U.K. and the economic sentiment in the region remained weak.
European markets closed higher after a choppy session. Energy prices declined in the region after weak economic data from China. Germany's wholesale price index declined for the third month in a row in July but remained elevated.
European markets retained a positive bias despite a mixed bag of corporate results. Turkey's current account deficit narrowed. U.K. home price increase expectations moderated but stayed significantly ahead of its long run average.
German inflation in July eased to 7.5% from a year ago and 0.9% on a monthly basis and matched the preliminary estimates. Strong corporate results also helped the market sentiment.
European markets closed higher and investor sentiment in the eurozone marginally improved but recession fears lingered. Swiss jobless rate held steady at 2%.
European markets struggled to stay in positive zone and Germany's industrial output expanded at a faster pace in June. Market sentiment in the region was subdued after the cautious outlook from the Bank of England.
European market indexes closed higher and the euro held firm. German factory orders fell less than feared in June. The Bank of England lifted its key lending rate and estimated a deeper and longer recession.
Philips NV plunged after reporting a quarterly loss. Schaeffler agreed to acquire the former arm of SKF. Telefonica agreed to sell its rural network. Orange and MosMovil combine their Spanish operations. VW replaced its chief executive officer.
European markets rebounded from early morning losses as investors shifted focus to a busy week of earnings. Germany's business confidence index dropped to a 25-month low.
Prime Minister Mario Draghi offered his resignation after a coalition partner withdrew its support ahead of a no-confidence vote. Bond yields rose in the region and the euro fell below the U.S. dollar parity.
European markets traded down on twin worries of rising interest rates and global economic slowdown. Eurozone industrial production rose at a faster than anticipated rate and the UK GDP expanded in May.
