{"id":63341,"date":"2025-08-22T09:06:12","date_gmt":"2025-08-22T09:06:12","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/08\/22\/european-shares-inch-higher-in-cautious-trade-11\/"},"modified":"2025-08-22T09:06:12","modified_gmt":"2025-08-22T09:06:12","slug":"european-shares-inch-higher-in-cautious-trade-11","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/08\/22\/european-shares-inch-higher-in-cautious-trade-11\/","title":{"rendered":"European Shares Inch Higher In Cautious Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks were flat to slightly higher on Friday ahead of Federal Reserve Chair Jerome Powell&#8217;s highly anticipated Jackson Hole speech.<\/p>\n<p>The EUR\/USD traded below 1.1600 after the U.S. and the EU formalized their trade truce.<\/p>\n<p>In economic releases, the German <span class=\"landLinks\">economy<\/span> shrank more than initially estimated in the second quarter, the latest data from Destatis revealed.<\/p>\n<p>Gross domestic product fell 0.3 percent sequentially, reversing a 0.3 percent growth in the first quarter. In the flash estimate, the economy showed a contraction of 0.1 percent.<\/p>\n<p>Elsewhere, the confidence among French manufacturers held steady in August, as expected, monthly data from the statistical office INSEE revealed.<\/p>\n<p>The manufacturing sentiment index stood at 96.0 in August, the same as in July. <\/p>\n<p>The pan European STOXX 600 was up 0.2 percent at 560.36 after ending on a flat note the previous day. <\/p>\n<p>The German DAX edged up 0.1 percent, France&#8217;s CAC 40 added 0.2 percent and the U.K.&#8217;s FTSE 100 was marginally higher. <\/p>\n<p>French train manufacturer Alstom rose about half a percent on winning a \u00a375m eight-year maintenance contract with Great Western Railway.<\/p>\n<p>Likewise, construction firm Skanska was up 0.7 percent after it signed a contract to undertake the main cable dehumidification for the Verrazzano-Narrows Bridge in New York.<\/p>\n<p>Beauty retailer Revolution Beauty surged 9 percent after successfully raising \u00a315 million through a placing and subscription of new ordinary shares.<\/p>\n<p>Dulux paints maker AkzoNobel jumped 5 percent after activist investor Cevian Capital took a 3 percent stake in the company, according to a filing by Dutch market regulator AFM. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Inch Higher In Cautious Trade<\/a><br \/>\n<br \/>2025-08-22 09:06:12<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks were flat to slightly higher on Friday ahead of Federal Reserve Chair Jerome Powell&#8217;s highly anticipated Jackson Hole speech. The EUR\/USD traded below 1.1600 after the U.S. and&#8230;<\/p>\n","protected":false},"author":2,"featured_media":63342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-63341","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/63341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=63341"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/63341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/63342"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=63341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=63341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=63341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}