European stocks rose on Friday, with the STOXX 600 up 0.3%, led by Swedish defense company Saab and Danish wind turbine maker Vestas. However, GSK dropped over 6% due to FDA advice against its cancer drug. Electrolux also fell 14.6% after weak results. The dollar index rose to 98.57, while the euro and pound were down for the week. German PPI fell 1.3% YoY in June, the most in 9 months, mainly due to lower energy costs. In Asia, stocks rose, but Japan’s Nikkei fell on election concerns. US and European stock futures were up, with a focus on economic data and Fed comments. Gold prices were choppy, awaiting trade deal news. The DAX Index is cautiously rising, eyeing all-time highs, with client sentiment favoring a short-term increase. Market participants are hopeful for a tech deal between US and China. Analysts expect the ECB to delay easing until December.

Read more at Investing.com: European Stocks Rise Despite Weak German PPI as Global AI Optimism Lifts Sentiment