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August 19, 2024

European Shares Flat After Best Week in Three Months

European shares opened flat on Monday, following their best weekly jump in three months, as investors prepared for another data-heavy week, with focus on US Federal Reserve Chair Jerome Powell’s speech at Jackson Hole for interest rate cut clues.

The…

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Germany’s Manufacturers Order Backlog Falls in June

Germany’s manufacturers order backlog fell for the sixth month in a row in June, in another sign of the sluggish state of Europe’s largest economy.

According to the German Federal Statistical Office, German manufacturers saw a 0.2 percent decrease in…

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