ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 
IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears 
U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation 
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand 
Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook 
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets 
Gold Prices Head for Biggest Weekly Loss Since June as Fed Rate Outlook Weighs 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears 
European stocks remained flat in early trading Wednesday, as gains in healthcare were counterbalanced by a decline in technology stocks. The pan-European STOXX 600 index edged down 0.07% at 0810 GMT.
Novo Nordisk (NYSE:NVO) surged 4.5% after posting a better-than-expected Q4 profit of $4.4 billion, boosting the healthcare sector by 1.2%. GSK jumped 6.3% after beating Q4 earnings estimates and raising its 2031 sales forecast.
Technology stocks weighed on the market, dropping 0.9%. ASML (AS:ASML) slipped 1.3%, following a lukewarm earnings report from Advanced Micro Devices (NASDAQ:AMD).
The automobile sector also struggled, falling 1.1%. Renault (EPA:RENA) slid 2.6%, dragging the sector lower.
Investors also monitored key economic indicators, including HCOB’s final composite PMI data for January, covering the eurozone, Germany, and other major economies in the region.
With mixed earnings and economic data influencing sentiment, European markets remained in a tight range.
