German Business Optimism Improvement Hints at Better Months to Come for Europe's Largest Economy

The UK trade deficit widened during the second-quarter as exports from the UK fell while imports ticked higher, according to Office for National Statistics data released Friday, which then saw "net trade" weigh on the pace of quarterly GDP growth.

UK retailers remained under pressure during July, according to the latest British Retail Consortium (BRC) report on high street activity, as a continued slowdown in non-food spending more than offset an increase in food and beverages brought on by abnormally hot weather last month. 

The ECB confirms it believes the Eurozone's economic growth profile is strong enough to warrant the removal of stimulus in their latest Economic Bulletin.  

German data out this morning has disappointed with the highly relevant industrial production series showing a contraction in activity in June.

The market value of something may not be its 'true' value and it is the job of analysts to try to determine the latter so as to better identify whether an asset is a bargain, or piece of 'old rope'.

The IHS Markit Services PMI showed activity in the UK's largest economic sector cooling during the month of July as a series of adverse events slowed the pace of activity among companies and deterred new order growth.