of 0.2%, data showed Friday, as the eurozone’s largest economy stagnated, with a deep downturn in manufacturing output weighing on the overall economy.next meets in September, and JPMorgan now expects the central bank to pause its tightening cycle in September, with a final 25 basis point hike to now come in October, instead of September, as it predicted earlier.
rose to -25 in August from a three-month low of -30 in July, its biggest rise since April, data showed earlier Friday, as lower inflation made Britons less downbeat about the outlook for their personal finances.That said, Ericsson stock rose 0.2% after the Swedish telecom gear maker predicted intellectual property rights licensing income of around $1 billion this year after it renewed a patent cross-licensing agreement with China's Huawei.