(CercleFinance.com) – The main European stock markets are up slightly this morning: driven by luxury stocks Paris takes 0.5%, ahead of Frankfurt (+0.2%) and London (+0.3% ).
This morning, operators were able to see the seasonally adjusted industrial production for August 2022. This increased by 1.5% in the euro zone and by 1.1% in the EU, compared to July , according to estimates released this morning by Eurostat.
The statistical office of the European Union specifies that in July, it had fallen by 2.3% in the euro zone and by 1.5% in the EU, the latter fall having been revised compared to an initial estimate. by -1.6%.
Compared to the same month of 2021, industrial production increased by 2.5% in the euro zone and by 3.5% in the EU in August, after annual variations of -2.5% and -0 respectively, 8% observed in July.
Tomorrow is due to appear the long-awaited report on consumer prices in the United States, a key figure for central banks which have been fighting for months against galloping inflation and which is likely to influence the evolution of their monetary policies. .
‘We expect a new sustained figure for core inflation (+0.5% month on month),’ said Tiffany Wilding, North American economist, and Allison Boxer, economist at PIMCO, earlier this week.
While waiting for this key event of the week, operators will be attentive to producer prices in the United States for the month of September, this afternoon, then to the minutes of the last Fed monetary policy meeting, in the evening.
In European stock news, Philips provided an update on its third quarter 2022 results: the medical electronics group’s turnover should amount to around 4.3 billion euros, down by 5%.
Mercedes-Benz announces collaboration with Microsoft Corp. to connect its approximately 30 passenger car factories around the world to the Microsoft Cloud, improving the transparency and predictability of its production.
Finally, Roche says it is launching its portfolio of next-generation SARS-CoV-2 (2.0) rapid antigen tests for self-testing and professional use in countries accepting the CE mark, which portfolio should begin distribution in the coming weeks. .
Copyright © 2022 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
