European stocks retreat as higher bond yields and ECB decision keep investors cautious: DAX, CAC, FTSE100

• On July 23, 2026, the European Central Bank (ECB) unveiled ten shortlisted designs for the next series of euro banknotes. • The public is invited to participate in an online survey to provide feedback on the designs, which feature themes of European culture, rivers, and birds, until September 21, 2026.

• The Euro (EUR/USD) gained ground during Asian trading hours on Friday, reaching approximately 1.1380 as the US Dollar weakened. • This recovery follows a period of modest losses and occurs despite ongoing geopolitical tensions in the Middle East.

• On July 23, the European Central Bank (ECB) unveiled a shortlist of 10 design proposals for the next series of euro banknotes. • The ECB's Governing Council has launched an online public survey, inviting citizens across Europe to vote on their preferred designs.

• European Central Bank President Christine Lagarde has unveiled 10 design options for a new generation of euro banknotes. • The proposed designs are divided into two thematic categories: “European culture” and “rivers and birds.”

• The European Central Bank (ECB) has unveiled ten finalist designs for future euro banknotes, divided into two primary themes: culture and nature. • The culture theme features icons such as Leonardo da Vinci, Maria Callas, Beethoven, and Marie Curie, while the nature theme focuses on birds symbolizing European biodiversity.

• The European Central Bank (ECB) has unveiled ten shortlisted design proposals for new euro banknotes. • To determine the final selection, the ECB's Governing Council has launched an online public survey inviting citizens across Europe to vote on their preferred designs.

• The European Central Bank (ECB) is widely expected to keep interest rates unchanged during today's meeting. • Because no new macroeconomic projections will be released, market focus will shift to President Christine Lagarde's press conference for policy signals.

• A recent inspector general report revealed that Federal Reserve Board and reserve bank staffers were "untimely" in updating bank supervisory marks. • The report found that examiners often took several months to close supervisory findings even after the identified issues had been resolved.

• Wall Street shares declined during the U.S. session as investors reacted negatively to massive spending increases from tech giants Alphabet and Tesla. • UniCredit CEO Andrea Orcel informed CNBC that the bank has reached an optimal outcome regarding its acquisition of Commerzbank shares, benefiting both institutions.

• JPMorgan Chase issued a research report warning that the "earnings fuel" driving U.S. stock growth is depleting as the upside for earnings revisions narrows. • Despite strong second-quarter results and raised full-year guidance from companies like BNY Mellon, Johnson & Johnson, and ServiceNow, the S&P 500 faces significant resistance at record highs.

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