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  • European Stock Markets Experience Overall Gains Amid Economic Data Releases

    Daily Monitor August 1, 2026

    European Stock Markets Experience Overall Gains Amid Economic Data Releases

    European stock markets predominantly rose on Thursday, July 31, as investors reacted to economic data, corporate earnings, and the Bank of England’s meeting outcomes.

    The Stoxx Europe 600 index increased by 0.77% to 649.95 points, with notable gains in major indices: Germany’s DAX rose 0.60%, France’s CAC 40 by 0.92%, Italy’s FTSE MIB by 1.29%, and Spain’s IBEX 35 by 1.78%. Conversely, the UK’s FTSE 100 declined by 0.10% following the Bank of England’s decision to maintain the key interest rate at 3.75%, citing inflationary pressures. Eurozone GDP grew by 0.4% quarter-on-quarter and 1% year-on-year, surpassing expectations. Unemployment remained stable at 6.3%. Noteworthy corporate performances included Schneider Electric’s stock rising 10.8% after a positive earnings forecast, while Adidas shares fell 11.5% despite record revenues. Overall, the market sentiment was buoyed by strong corporate earnings and optimistic economic indicators.


    Source: interfax.ru

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