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London TVC: UKX, Germany NASDAQ: DAX and France NASDAQ: CAC were higher ahead of the ECB decision. The feed also reports Germany’s annual inflation rising to 2.9% in August, Austria’s industrial production falling 1.1% Y/Y in July, and Slovakia’s construction output rising 2.3% Y/Y in July.
The Dow Jones fell more than 150 points Wednesday, while J.M. Smucker shares rose about 3% after better-than-expected first-quarter results and raised FY27 guidance above estimates.
The U.S. Personal Consumption Expenditures price index rose 3.7% year over year in July versus economist forecasts of 3.6%, while the monthly measure increased 0.2% and core PCE was unchanged at 3.3%.
Euro futures rise on shifting rate outlook
Germany industrial orders increase