German ZEW Current Conditions (Jul) -77.6 vs. Exp. -77.8 (Prev. -81.0)
The German ZEW Current Conditions index slightly beat expectations, indicating a less negative outlook compared to previous months.
The UK sells GBP 5bln 4.00% 2029 Gilt: b/c 3.42x (prev. 3.35x), average yield 4.463% (prev. 4.238%), tail 0.3bps (prev. 0.2bps)
US FAA seeks to accelerate the market introduction of next-gen air taxis and supersonic jets
German ZEW Current Conditions (Jul) -77.6 vs. Exp. -77.8 (Prev. -81.0)
Schindler’s (SCHP SW) CFO, on earnings call, says it has successfully passed raw-material inflation costs to customers, particularly in its new installations business
[MARKET ANALYSIS] Gilts unreactive as former Defence Secretary Healey is selected as Chancellor
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This improvement could signal a potential stabilization in sentiment, which may influence market expectations for growth and monetary policy in the Eurozone. Traders should consider implications for the euro and broader risk sentiment as this data contributes to the economic narrative in Europe.
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