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Friday, August 1, 2025

European Markets Wrap-Up: Eurozone July preliminary CPI +2.0% vs +1.9% y/y expected

Friday, 01 Aug, 2025

News

Eurozone July preliminary CPI +2.0% vs +1.9% y/y expected

Prior +2.0% Core CPI +2.4% vs +2.3% y/y expected Prior +2.4% Well, core annual inflation is unchanged in July compared to June at 2.4%. And that will just help to reaffirm the ECB's current stance of

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Stocks

Stocks continue to be pummeled in European morning trade

It's a rough one out there to start the new month. As Trump goes hard on tariffs and is seen following through on some of his threats at least, we're seeing equities get hit this morning in Europe. Th

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UK July final manufacturing PMI 48.0 vs 48.2 prelim

Prior 47.7 Key findings : Employment falls at faster rate Input cost and selling price inflation hold broadly steady Comment : Rob Dobson, Director at S&P Global Market Intelligence "The UK manufa

News

Switzerland says that 39% tariffs from US do not apply to pharmaceuticals

For some context, pharmaceuticals account for around 40% of total exports from Switzerland - at least by value. That makes it the biggest exporting industry for the Swiss and roughly 60% of those expo

News

Eurozone July final manufacturing PMI 49.8 vs 49.8 prelim

Prior 49.5 Key Findings: Production volumes tick up despite marginal decrease in new orders. Comment: Commenting on the PMI data, Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, sai

News

Germany July final manufacturing PMI 49.1 vs 49.2 prelim

Prior was 49.0 Key findings : Pace of job losses eases to weakest in almost two years. Comment : Commenting on the PMI data, Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, said: "T

News

EU trade commissioner Sefcovic says the work continues on trade deal with US

The tariffs reflect only the first results of the deal, especially the all-inclusive cap of 15% This reinforces stability for businesses EU exports can now benefit from a more competitive position But

News

France July final manufacturing PMI 48.2 vs 48.4 prelim

Prior 48.1 The revision lower reaffirms the less than ideal conditions still plaguing the French manufacturing sector. Of note, new factory orders were seen decreasing at its fastest pace since Januar

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Italy July manufacturing PMI 49.8 vs 49.0 expected

Prior was 48.4 Key findings : Softer declines in output and new orders Input stocks rise for the first time in nearly three years Prices back in inflation territory Comment : Commenting on the PMI dat

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