European companies have recorded profit growth for the fifth consecutive quarter despite US import tariffs. Although the growth rate lags behind the tech-driven expansion in the US, optimism persists, with the financial sector performing strongly. #EuropeanEconomy #FiatNews
Vestas reported a 13.6% increase in Q2 revenue to 3.75 billion euros, falling short of analyst expectations. While the operating margin recovered, EBIT profit did not meet estimates. #Vestas #FiatNews
Michal Strnad, owner of the Czechoslovak Group (CSG) arms holding, is reportedly interested in acquiring Czech football club Viktoria Plzeň, according to server e15. #CzechFootball #FiatNews
In currency markets, GBP and JPY are the strongest performers today, with CHF also seeing slight gains. The USD is weakening against most major currencies, while EUR and CZK show minor strengthening. #Forex #GBP #JPY #FiatNews
Precious metals are seeing price increases today, with gold strengthening by almost half a percent and silver by 1.4%. Other metals are also performing well. #Commodities #Gold #Silver #FiatNews
European indices are also rising today, with the pan-European Stoxx 50 strengthening by almost a percent. French CAC 40 and German DAX show significant gains, reacting positively to German inflation data, which saw July CPI rise 0.4% MoM and 1.8% YoY, aligning with estimates. #EuropeanMarkets #DAX #FiatNews
US stock markets maintain a positive mood, with major indices in the green, continuing yesterday's growth driven by favorable inflation data and extended US-China trade truce reports. The Dow Jones is up over half a percent. #StockMarket #DowJones #FiatNews
Wall Street is betting on a significant move from the Federal Reserve, with favorable inflation data boosting market sentiment. Traders are increasing positions on interest rate cuts, and some strategists expect an extraordinary reduction. #Fed #InterestRates #FiatNews
Analysts predict further growth for gold, with some forecasting prices could exceed $4,000 per ounce, following President Trump's confirmation that the precious metal will be exempt from new tariffs. #Gold #FiatNews
Perplexity AI has made an unexpected $34.5 billion offer for Google Chrome, though analysts suggest the motive behind the bid might be different. #PerplexityAI #GoogleChrome #FiatNews
