Europe stocks close lower as German economy stagnates; Bank of Japan surprises with policy tweak
Publishing timestamp: 2023-07-28 11:51:26
Summary
The article discusses European stocks closing slightly lower due to earnings and central bank decisions. The Bank of Japan announced a policy shift, which rattled Asian markets. The European Central Bank delivered an expected rate hike. GDP readings from euro zone countries showed mixed results. U.S. stocks rose as inflation showed signs of cooling. Specific companies mentioned include Ams Osram, Alten, AstraZeneca, and Natwest. Germany's economy failed to show any growth in the second quarter. Spain's economy grew as expected, while France's economy exceeded expectations. The article also mentions the performance of European stocks and Japanese government bond yields. It concludes with Goldman Sachs naming Chinese stocks to buy and Morgan Stanley's cautious stance on the global office spaces sector.
Sentiment: MIXED
Tickers: GOOGL, 2330-TW, .SPX, CA-FR, ULVR-GB, SHEL-GB, AZN-GB, AMS-AT, RNO-FR, RAND-NL, 8316.T-JP, IG-IT, NWG-GB, JPY=, DBK-FF, .FTSE, MC-FR, ATE-FR, .GDAXI, UCG-IT, 8411.T-JP, MTX-DE, .N225, .STOXX, RIO-GB, DQW1-FF, ABI-BE, MSFT, AAL-GB, GS, DSY-FR, JP10Y-JP, RR.-GB, SPOT, ANTO-GB, INTC, STLAM-IT, DB1-DE, BL15-GB, MBG-DE, .BBKA, .FCHI, LOG.N-CH, GSK-GB, GM, 8306.T-JP,
Keywords: deutsche boerse ag, anheuser-busch inbev sa, general motors co, carrefour sa, stellantis nv, stoxx 600, spotify technology sa, united states, antofagasta plc, rolls-royce holdings plc, astrazeneca plc, earnings, dax, unicredit spa, wall street, mtu aero engines ag, ftse 100, taiwan semiconductor manufacturing co ltd, unilever plc, prices, intel corp, logitech international sa, natwest group plc, gsk plc, italgas spa, alten sa, banks, markets, alphabet inc, lvmh moet hennessy louis vuitton se, rio tinto plc, dassault systemes se, london, investment strategy, cac 40 index, shell plc, deutsche bank ag, jerome powell, renault sa, japan, s&p 500 index, anglo american plc, microsoft corp, business news, randstad nv, usd/jpy, ams osram ag, mercedes benz group ag,
Source: https://www.cnbc.com/2023/07/28/european-markets-open-to-close-ftse-100-cac-40-dax.html