Mining stocks drive gains in London, Germany, and France as France’s budget deficit hits EUR 106.8 billion in H1 2026.
European equities advanced as optimism over corporate earnings outweighed geopolitical concerns. The UKX rose 0.37%, nearing record highs, led by mining stocks, while Germany’s DAX climbed 0.88% and France’s CAC gained 0.29%.
France’s state budget deficit widened to EUR 106.8 billion in the first half of 2026, reflecting fiscal pressures. Spain also reported an increase in registered unemployment, adding to regional economic challenges.
Markets showed resilience, focusing on earnings momentum rather than broader macroeconomic headwinds.