Major European indices trade mostly higher with Spain’s IBEX (+1.1%) pacing the advance with leadership from banks and industrial names.
STOXX Europe 600: +0.4%,
Germany’s DAX: +0.2%,
U.K.’s FTSE 100: -0.1%,
France’s CAC 40: +0.6%,
Italy’s FTSE MIB: +1.0%,
Spain’s IBEX 35: +1.1%.
Siemens, Deutsche Telekom, and Persimmon reported strong results.
Eurozone
The European Central Bank’s latest economic bulletin acknowledged elevated inflation and presence of risks June Retail Sales -0.3% m/m (expected 0.1%; last 0.4%); 0.7% yr/yr (expected 1.0%; last 1.9%)
Germany
June Factory Orders 3.1% m/m (expected 0.5%; last 0.3%)
France
final Q2 nonfarm payrolls -0.1% qtr/qtr, as expected (last -0.1%)
Italy
June Industrial Production -1.0% m/m (expected 0.3%; last -0.3%); -0.6% yr/yr (expected 1.0%; last 1.2%)
Spain
June Industrial Production 1.1% yr/yr (last 3.1%)
Swiss
July Unemployment Rate 3.1%, as expected (last 3.1%)