European stocks had a mixed performance as investors awaited the Federal Reserve’s Jackson Hole Symposium. The pan European Stoxx 600 gained 0.23%, while the UK’s FTSE 100 climbed 1.08%. In the UK market, Convatec Group surged on news of a $300 million share repurchase plan. UK consumer price inflation hit an 18-month high in July, likely delaying further easing by the Bank of England. Germany’s producer prices fell for the fifth consecutive month in July. Eurozone’s core inflation rate steadied at 2.3% in July, while headline inflation remained at 2%.
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