European Stocks Retreat on U.K. Bank Holiday

The video provides an overview of the market action, highlighting a decrease in trading volume due to a bank holiday. It discusses the Stock 600's narrow trading range and investor concerns about US rate increases. A comparison of the French and German stock markets reveals a narrowing valuation gap. The luxury market sees significant movement, with Prada's shares surging in Hong Kong. Key economic data includes a drop in Italian manufacturing confidence and eurozone inflation trends.

What was the performance of Prada's shares in Hong Kong?

What economic challenges is Prime Minister Matteo Renzi facing according to the text?