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- European stock markets mid session: stocks traded little changed after Eurozone’s inflation data and retail sales from Germany
European stock markets mid session: stocks traded little changed after Eurozone’s inflation data and retail sales from Germany
Stock indices traded little changed after Eurozone's inflation data and retail sales from Germany. Eurozone's inflation remained unchanged at 0.5% in June. Analysts had expected an increase to 0.6%.
German retail sales declined 0.6% in May, missing expectations for a 0.8% rise, after a 0.9% decrease in April. On a yearly basis, German retail sales rose 1.9% in May, missing expectations for a 2.8% gain, after a 3.2% increase in April. April's figure was revised down from a 3.4% rise.
M3 money supply in the Eurozone increased 1.0% in May, beating expectations for a 0.7% gain, after a 0.8% rise in April.
Private loans in the Eurozone decreased 2.0% in May, missing expectations for a 1.7% fall, after a 1.8% drop in April.
Royal Philips NV shares declined 3.3% after reporting the company want to merge its LED-component and automotive-lighting units into a stand-alone company.
Osram Licht AG increased 3.7% after JPMorgan Chase & Co. upgraded the company's rating.
EasyJet Plc fell 5.9% after Bank of America Corp. downgraded the company's rating.
Current figures:
Name Price Change Change %
FTSE 100 6,753.51 -4.26 -0.06%
DAX 9,832.36 +17.19 +0.18%
CAC 40 4,421.73 -15.26 -0.34%
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