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On Friday, European markets rose as traders assessed fresh corporate earnings and awaited important eurozone economic data.
The pan-European Stoxx 600 increased 0.9 percent in early trading, with banks leading advances by adding 2 percent. All other sectors were in the green, with the exception of the health care sector, which declined by 0.2 percent....

After the US economy contracted for the second consecutive quarter, the prognosis for future aggressive interest rate increases by the Federal Reserve to combat inflation dimmed, pulling down the dollar and Treasury yields.
As a result of news that the US gross domestic product shrank by 0.9 percent in the second quarter due to higher inflation, gold prices increased by as much as 1.3 percent, reaching a three-week high. The pace of raises will eventually reduce, according...

The US GDP statistics came in weaker for the second straight quarter, and Federal Reserve Chair Jerome Powell’s comments were less hawkish, which caused the Japanese yen to soar to a six-week high against the dollar and continue its recovery from 24...

Preliminary estimates revealed that the annual inflation rate in France jumped to 6.1 percent in July 2022 from 5.8 percent in June, which was above market expectations of 6 percent. This is the highest rate since July 1985. The main factors driving...