Risk appetite finds some hope on possible US debt ceiling deal , relief in energy prices
- Germany Aug Industrial Production data missing expectations and adds to the string of disappointing indicators showing region’s conditions have wors
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- Germany Aug Industrial Production data missing expectations and adds to the string of disappointing indicators showing region’s conditions have wors
- Focus on US July CPI data due later today which could provide a clue as to when the Fed could start pulling back stimulus. - German July Final CPI Y
- Consumer staples: Salmar SALM.NO -5.1% (placement completion). - - - Healthcare: Clinigen CLIN.UK -25.8% (trading update), Oasmia Pharma OASM.SE +4.0% (research update), Smith & Nephew SN.UK +3.3% (analyst action). - Industrials: Leclanche LECN.CH +1.4% (results), Aker Solutions AKSO.NO.+1.2% (agreement with Petrobras), Heidelberger Drukmaschinen HDD.DE -13.2% (results). Speakers - BOE's Haldane (chief economist, QE dissenter) noted that the domestic economy was going gangbusters at this time and needed to begin turning off the monetary policy tap. If pay and costs were picking up then ...
- Euro Area PMI Services continue improving trend as regional economies gradually reopen (Beats: Euro Zone, UK, Spain, Italy; In-line: France, Germany
Aston Martin [AML.UK] +2% (earnings), AB InBev [ABI.BE] +5% (earnings). - UniCredit [UCG.IT] +3% (earnings), - - Continental [CON.DE] -1% (earnings). - Telecom: Telecom Italia [TLIT.IT] -5% (Italian govt said to drop backing of Telecom Italia single network plan). Speakers - ECB Economic Bulletin noted that the near-term economic outlook remained clouded by uncertainty about the resurgence of the pandemic and the roll-out of vaccination campaigns. Preserving favorable financing conditions over the pandemic period remained essential. - Norway Central Bank (Norges) Olsen post rate deci...