The Editorial Team - Financial Literature Europe (Page 2)

A navy pipeline stepping down in three segments; the red flow fills the first, half the second, and only a small green dot re

🌍 5.8% — Europe's factory-gate prices jumped; energy did all of the month's rise

Euro-area producer prices rose 1.6% in July alone and 5.8% on the year; energy +5.6% on the month, the rest flat. Bond yields paused. Today: the pipeline.

Six columns rising left to right; the tallest, in gold, breaks through a dashed line the others stay under

🌍 5.28% — Britain's ten-year borrowing cost, the highest since 2008

Gilts at a 2008 high, Bunds at a 2011 high, Treasuries at a 3-year high after new US strikes on Iran. Tuesday's closes, and how to read a 10-year yield.

A red oil drop beside five rising navy bars and a dashed gold target line on salmon: energy pushed euro-area inflation up

🌍 3.3% — energy pushed euro-area inflation up; core slipped to 2.4%

Euro-area inflation rose to 3.3% in August from 2.9%. Energy did it, up 14.3%; core slipped to 2.4%. Today: how to read headline against core.

Six red columns of rising heights beside one empty navy outline column with a gold clock above it: Germany's state inflation

🌍 2.9% — Germany's states reported first; the national number lands at 2 pm

Six German states published August inflation this morning, all higher than July, three at 2.9%; the national flash follows at 2 pm. Today: the parts first.

Explainers

Why does France have two inflation rates? CPI and HICP, explained

France prints 2.4% and 2.7% on the same morning. What the harmonised index is, why it differs from the national CPI, and which one the ECB reads.

Two brick columns of different heights measured against one navy ruler with gold ticks: one country, two inflation rates

🌍 2.7% — France's inflation rose; Spain's rose more

France's harmonised inflation hit 2.7% in August (2.4% in July) and Spain's 4.5%, both on energy. Today: why every euro country has two inflation rates.

A navy disc with a small gold slice lifted out of it and green chevrons rising above the slice, over a level bar

🌍 $96.2bn — Nvidia's quarter reached Europe's chips, not its board

Nvidia's record $96.2bn quarter lifted Europe's chipmakers on Thursday morning while the STOXX 600 sat flat at 656.41. Today: how index weight works.

A navy oil drop falling past a gold yield line that bends downward, with red chevrons beneath

🌍 3.20% — falling oil reached the Bund

Brent settled at $87 and the 10-year Bund yield closed at 3.20%, its lowest since mid-August. Today: how an oil price travels into a bond yield.

Flat-vector scene: a V of blocks, two brick steps down then four teal steps up, the last towering above a gold forecast line

🌍 88.8 — Germany's mood beat every forecast

The Ifo business climate hit 88.8 in August against 87.2 expected — a fourth rise in a row and a year's high. Today: reading a survey against its forecast.

Seven small red blocks and one tall green block, framed twice in rival navy and gold frames

🌍 +0.59% — the streak ended, and the wires disagree why

Friday's +0.59% ended the STOXX 600's seven-day slide — and the wires can't agree why. One credits the PMI beat, one short-covering. Both can be right.

Seven shallow brick steps descending beside a tall gold measuring rule with a small teal bracket

🌍 Seven red days in a row — and the index barely moved

The STOXX 600 fell for a seventh straight session, its longest run since 2023 — and lost about 1.5% doing it. Why a streak and a slide differ.

A falling yield line pressed down by a gold coin, beside a sinking bank facade

🌍 Washington bought the bonds — Europe's banks fell anyway

The US Treasury doubled long-bond buybacks to $4bn an operation; yields and the dollar fell — yet BNP and ING dropped 2.4%. A flat index hid a split market.