Tag Archives: currencies

Eurozone business activity showed signs of modest recovery in March, expanding at its fastest pace in seven months, according to the latest HCOB Composite PMI data. The gradual improvement was driven by an easing in the long-running manufacturing downturn, though slower growth in the services sector acted as a drag …

European stock markets opened higher on Wednesday as investors reacted to the European Union’s decision to impose retaliatory tariffs on U.S. imports worth up to €26 billion. Market sentiment was also boosted by the U.S. decision to resume intelligence sharing and military aid to Ukraine after Kyiv expressed support for …

European stock markets ended Tuesday on a broadly steady note, largely recovering from Monday’s sell-off that had been driven by fears over the potential impact of U.S. President Donald Trump’s tariff plans on the U.S. economy. The pan-European Stoxx 600 remained mostly unchanged after hitting its lowest level in nearly …

European stock markets rose on Monday as the region began the new week on a positive note amid encouraging political developments in Germany. At 03:05 ET (08:05 GMT), Germany’s DAX index gained 0.7%, France’s CAC 40 advanced 0.6%, and the UK’s FTSE 100 inched up 0.1%. Political sentiment was boosted …

European stock markets sank on Friday as investors digested the latest European Central Bank (ECB) rate reduction ahead of key U.S. employment data, amid persistent uncertainty over U.S. trade policies. At 06:30 ET (11:30 GMT), the pan-European Stoxx 600 dropped 0.5%, Germany’s DAX fell 1.6%, France’s CAC 40 slipped 1.0%, …

Goldman Sachs strategists have signaled a modest upside for European stocks, even as the market continues to show strong performance forecasts for 2025. In a recent note, Guillaume Jaisson and his colleagues highlighted that while Europe now trades at a forward P/E of 14.2x—slightly above historical averages—it still commands a …

European stock markets surged on Wednesday as investors rallied on expectations that a compromise on U.S. trade tariffs may be in the offing, while strong policy moves in Germany to boost defense spending further lifted sentiment. At 06:20 ET (11:20 GMT), Germany’s DAX climbed 3.4%, France’s CAC 40 gained 2%, …

European equity markets suffered broad-based declines today, as heightened global trade tensions triggered a sell-off in auto stocks, banks, and industrial sectors. The downturn followed the U.S. imposing tariffs on Canada and Mexico, with China retaliating through tariffs on U.S. agricultural goods and export restrictions on certain defense companies. Auto …

European stock markets opened the week on a positive note, with investors closely monitoring upcoming inflation data from the eurozone ahead of the European Central Bank’s (ECB) policy-setting meeting. As of early trading on Monday, Germany’s DAX index advanced by 0.9%, France’s CAC 40 gained 0.2%, and the UK’s FTSE …

European stock markets traded lower on Thursday following U.S. President Donald Trump’s announcement of 25% tariffs on imports from the European Union. At 03:15 ET (08:15 GMT): Germany’s DAX dropped 1%. France’s CAC 40 slipped 0.3%. The UK’s FTSE 100 remained unchanged. Trump, speaking during his first Cabinet meeting on …