European markets traded slightly in the red on Friday as traders weighed fresh U.S. inflation figures, seen as an important signal for whether the Federal Reserve could move forward with a rate cut in September. Earlier, data out of France showed consumer prices in August rose by less than economists had predicted.
By mid-session, the CAC 40 in Paris had slipped 0.3%, London’s FTSE 100 was down 0.2%, and Frankfurt’s DAX was off 0.1%.
Among individual movers, Hexagon AB (BIT:1HEXA) declined after the Swedish technology group announced the appointment of an interim chief financial officer.
Shares of Rémy Cointreau (EU:RCO) were also weaker even as the cognac maker adjusted its annual outlook upward, projecting a smaller earnings impact from tariffs than initially feared.
Frasers Group (LSE:FRAS), the parent company of Sports Direct, lost ground after confirming that Sir Jon Thompson will take over as chair from David Daly on September 1, 2025.
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