European markets dip after lackluster economic numbers

Published 2 months ago Positive
European markets dip after lackluster economic numbers
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[Global Business Strategy on Digital Display]
Tom Werner

_Update: The revised post reflects market movements as of 7.20am ET._

London (UKX [https://seekingalpha.com/symbol/UKX]) -0.27% to 9,194, on track for the fourth session of decreases, pressured by banks.

Germany (DAX:IND [https://seekingalpha.com/symbol/DAX:IND]) -0.38% to 23,944, Germany's unemployment rate unchanged at 6.3%, [https://seekingalpha.com/news/4490284-germanys-unemployment-rate-unchanged-at-63]

Germany's retail sales rise 1.9% Y/Y in July, missing estimates [https://seekingalpha.com/news/4490265-germanys-retail-sales-rise-19-yy-in-july-missing-estimates]

France (CAC:IND [https://seekingalpha.com/symbol/CAC:IND]) -0.38 to 7,733. France GDP expected to rise 0.8% Y/Y, inflation expected to lower [https://seekingalpha.com/news/4490268-france-gdp-expected-to-rise-08-yy-inflation-expected-to-lower].

Spain's retail sales rise in July, inflation expected to stay steady [https://seekingalpha.com/news/4490276-spains-retail-sales-rise-in-july-inflation-expected-to-stay-steady].

The Swedish economy expanded by 0.5% Q/Q in Q2.

Retail sales in Norway rose by 0.6% M/M in July.

Finland's economy contracted by 0.4% Q/Q in Q2.

Producer prices in Austria decreased by 0.8% Y/Y in July.

Georgia’s economic activity grew by 6.5% Y/Y in July.

Hungary recorded a trade surplus of €578 million in July.

Median consumer inflation expectations in the Eurozone were unchanged at 2.6% in July 2025, remaining at the lowest since February.

The pan-European Stoxx 600 [https://seekingalpha.com/symbol/STOXX] (STOXX) [https://seekingalpha.com/symbol/STOXX] turned 0.49% lower to 550.9, as investors see a flurry of economic data released. Heads turned to inflation prints from regions’ biggest economies, along with the U.S.

COMING UP IN THE SESSION: Germany's preliminary inflation numbers are expected shortly.

IN THE BOND MARKET, the U.S. 10-year Treasury yield was up 2 basis points to 4.22%.

Germany's 10-year yield was up 1 basis point to 2.71%.

UK's 10-year yield was up 3 basis points to 4.73%.

CURRENCIES: (EUR:USD [https://seekingalpha.com/symbol/EUR:USD]) (GBP:USD [https://seekingalpha.com/symbol/GBP:USD]) (CHF:USD [https://seekingalpha.com/symbol/CHF:USD])

ETFS: (NYSEARCA:EWG [https://seekingalpha.com/symbol/EWG]), (NYSE:GF [https://seekingalpha.com/symbol/GF]), (NYSEARCA:EWI [https://seekingalpha.com/symbol/EWI]), (NYSEARCA:EWQ [https://seekingalpha.com/symbol/EWQ]), (NASDAQ:FGM [https://seekingalpha.com/symbol/FGM]), (NASDAQ:DAX [https://seekingalpha.com/symbol/DAX]), (NYSEARCA:FLGR [https://seekingalpha.com/symbol/FLGR]), (NYSEARCA:FXB [https://seekingalpha.com/symbol/FXB]), (NYSEARCA:EWU [https://seekingalpha.com/symbol/EWU]), (NASDAQ:FKU [https://seekingalpha.com/symbol/FKU]), (BATS:EWUS [https://seekingalpha.com/symbol/EWUS]), (NYSEARCA:FLGB [https://seekingalpha.com/symbol/FLGB]), (NYSEARCA:GREK [https://seekingalpha.com/symbol/GREK])

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* European indexes trade in green, car registrations rise ~7% in July [https://seekingalpha.com/news/4489853-european-indexes-trade-in-green-car-registrations-rise-7-in-july]