ING: The Euro
ING: The Euro
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ING: The Euro
European stocks closed sharply lower Wednesday. Euro STOXX 50 fell 1.7% to 6,304 and STOXX Europe 600 fell 1.5% to 640 amid higher energy prices and renewed inflation-demand concerns.
Braze reported fiscal second-quarter revenue of $227 million, up 26% year over year, and said non-GAAP operating margin improved by more than 600 basis points. It raised third-quarter and full-year revenue guidance.
ING chief economist Marieke Blom says an ING survey found 38% of European consumers prefer to invest in Europe versus 14% who prefer the U.S., despite pessimism on the region’s economic outlook.
Russia denied involvement in an attempted airport drone attack, after Germany said the Kremlin was behind it. NATO is convinced it’s part of Russia’s hybrid sabotage and cyberattack campaign.
European natural-gas prices climbed more than 2%, trading just shy of 74 euros a megawatt-hour, as LNG supply from Qatar remains severely disrupted and markets near the 2026/27 heating season.
Germany’s AfD won a landslide victory in Saxony-Anhalt on Sunday, potentially making it the first far-right party to gain power since World War II, pressuring Chancellor Merz’s CDU and the coalition “firewall” strategy.
European stocks closed slightly higher on Friday. Euro STOXX 50 gained 0.2% to 6,396 and STOXX 600 added 0.2% to 650 as markets weighed how economic activity fares in a higher interest-rate period.
European stocks closed higher Thursday, ending three sessions of losses. The Euro STOXX 50 rose 0.3% to 6,382 and the STOXX Europe 600 added 0.4% to 649, with banks and auto producers gaining.
Australia’s prudential regulator set license conditions for ING’s EURONEXT:INGA local unit, requiring more liquidity and capital after it overstated its liquidity position and at times breached minimum requirements.
ING’s Carsten Brzeski says an ECB rate hike next week seems likely, but further tightening could raise eurozone economic risks. The concern is heightened by surging bond yields tightening financing conditions.
Phison Electronics 8299TT said it expanded European operations by opening an inaugural local entity in Eschborn, Germany, and named Ingvar Ersson as GM & President, EMEA, plus Antony Zukow as an executive appointment.
ING says restricted Gulf LNG flows could leave the Northern Hemisphere entering winter without normal Qatari supply. QatarEnergy extended force majeure for some buyers into early November, adding to Europe gas price vulnerability.
Euro STOXX 50 closed down 0.75% at 6,422 and STOXX Europe 600 fell 0.7% to 651.7. Banks and industrials weighed, with UniCredit and BNP Paribas both sharply lower.
Jaguar Health released second-quarter 2026 financial results and held an earnings call, while highlighting its shift toward rare disease gastrointestinal programs and crofelemer development.
Major European equity indices closed mixed on Wednesday, with Germany's DAX, France's CAC 40, STOXX 50, Spain's IBEX 35 and Italy's FTSE MIB lower while the UK's FTSE 100 edged higher.
() -- The US dollar held steady against the G10 currencies during European trading on Wednesday, as weaker-than-expected inflation data reduced bets on a near-term Federal Reserve rate hike, even though higher oil prices still kept inflation worries alive. Released on Tuesday, the US headline Consumer Price Index slowe
() -- Swiss stocks slipped into negative territory on Tuesday, with the Swiss Market Index closing 0.17% lower, as hostilities between the US and Iran further intensified. "The return of the US blockade [on Iran] is much more impactful for markets than the previous suspension of the sanction waiver on Iranian oil. The
() -- The US dollar slid against all the G10 currencies during European trading on Tuesday, as investors turned cautious ahead of the June Consumer Price Index data and Federal Reserve Chair Kevin Warsh's congressional testimony, due later in the day, both expected to offer fresh clues on the interest rate outlook. "Ou
() -- The Swiss Market Index concluded Monday's trading session 0.22% higher as investors assessed the implications of the US-Iran conflict, which further intensified over the weekend. "The deteriorating situation in the Gulf and the rise in energy prices are supporting the dollar against the low-yielders, including th
() -- China's economic data will take center stage this week, with investors closely watching second-quarter GDP and June activity data for fresh clues on the health of the world's second-largest economy as it enters the second half of the year. Singapore and Malaysia will also release their second-quarter GDP estimate
() -- The US dollar weakened against most of the G10 currencies during European trading on Friday, as Washington and Tehran sought to restart talks despite two days of escalating retaliatory attacks that reportedly killed at least 14 people. "A week of revamped Middle East tensions has left the dollar broadly unchanged
() -- The US dollar weakened against most of the G10 currencies during European trading on Thursday, even as fresh US-Iran attacks pushed oil prices higher, revived inflation worries, and raised bets on another Federal Reserve rate hike. The June FOMC minutes, released on Wednesday under the first Chair Kevin Warsh's s
() -- The US dollar strengthened against most of the G10 currencies during European trading on Tuesday as traders waited for Wednesday's release of the Fed's June meeting minutes, seeking clearer clues on policy direction under new Chair Kevin Warsh. "The major risk for DXY probably stems from potential large-scale FX
() -- CVC Capital Partners (CVC.AS) is funding its planned acquisition of Irca with a debt package comprising a 1.2 billion-euro high-yield bond issue and a revolving credit facility agreement, Bloomberg News reported Friday, citing people familiar with the matter. The bond sale, which is set to take place after the su
Bayer wins Supreme Court case limiting thousands of state lawsuits over claims that Roundup's active ingredient causes cancer
The U.S. said the probe will examine whether "persistent underpayment" for medicines by Germany is discriminatory. "President Trump has made clear that American patients should not be shouldering a disproportionate share of global pharmaceutical research and development," said U.S. Trade Representative Jamieson Greer.