

Market Analysis
European shares edged up on Tuesday following a muted start to the week, buoyed by strong performances from major mining stocks. However, investors remained cautious ahead of important economic data releases later this week.
The pan-European STOXX 600 index rose by 0.2% to 519.33 points as of 0715 GMT.
Market participants are closely watching upcoming economic data from Germany and Spain, along with the European Union's inflation report due on Friday, for clues about the European Central Bank's policy direction.
Germany's DAX index remained flat after detailed GDP figures revealed a 0.1% contraction in the economy for the second quarter of 2024.
Sweden's benchmark index also held steady at 2,566.69 points, following data showing a 1.4% decline in the producer price index for July.
The basic resources sector led regional gains with a rise of over 1%, driven by
a spike in copper prices to their highest levels in nearly six weeks, fueled by hopes of a potential U.S. interest rate cut.
Among notable individual stock movements, Bunzl (OTC) surged 11.6% after the British business supplies distributor upgraded its annual adjusted operating profit forecast.
Conversely, shares of Daimler Truck Holding AG (OTC) fell 2% following a downgrade from Goldman Sachs, which revised its rating from "buy" to "neutral."
Flughafen Zuerich experienced a 4.1% drop after the Swiss airport operator reported first-half margins that fell short of expectations.
Associated British Foods (OTC) declined 2.6% after Deutsche Bank reduced its rating from "buy" to "sell."
Paraphrasing text from "Reuters" all rights reserved by the original author.