Eurozone’s June Private Sector Loans 1.7% yr/yr (expected 1.8%; last 2.1%) and Loans to Nonfinancials 3.0% yr/yr (expected 3.4%; last 4.0%)
Expectations remain in place for the European Central Bank to announce a 25-bps rate hike tomorrow.
Unicredit reported better than expected results for the quarter while Santander said that it is on track to meet its targets for the year.
LVMH missed expectations while Deutsche Bank exceeded estimates.