European stock markets opened higher on Wednesday as investors reacted to the European Union\u2019s decision<\/strong> to impose retaliatory tariffs on U.S. imports worth up to \u20ac26 billion<\/strong>.<\/p>\n\n\n\n Market sentiment was also boosted by the U.S. decision<\/strong> to resume intelligence sharing and military aid to Ukraine<\/strong> after Kyiv expressed support for a 30-day ceasefire proposal<\/strong> with Russia. The Kremlin has yet to respond officially, though Russian Foreign Minister Sergei Lavrov<\/strong> stated that Moscow would not accept any peace agreement that compromises the safety of its citizens.<\/p>\n\n\n\n By 05:12 ET (09:12 GMT):<\/strong><\/p>\n\n\n\n Meanwhile, the euro held steady at $1.0923<\/strong> after reaching a near five-month high<\/strong> against the U.S. dollar earlier in Asian trading. The Russian rouble also strengthened to a seven-month peak.<\/strong><\/p>\n\n\n\n President Donald Trump\u2019s expanded tariffs<\/strong> on steel and aluminum<\/strong> officially took effect on Wednesday, adding to trade tensions between the U.S. and its allies.<\/p>\n\n\n\n In response, the European Commission<\/strong> stated that it “regrets”<\/strong> the U.S. decision, warning that these tariffs would “disrupt transatlantic trade,” harm businesses and consumers, and lead to higher prices.<\/strong><\/p>\n\n\n\n The EU\u2019s two-part countermeasure plan<\/strong> includes:<\/p>\n\n\n\n Investors also focused on corporate earnings, particularly Inditex (BME: ITX)<\/strong>, the parent company of Zara<\/strong>. The retailer reported a year-over-year increase in fourth-quarter sales<\/strong>, but issued a warning about weaker demand at the start of the year.<\/strong> As a result, Inditex shares dropped over 6%<\/strong> in Madrid trading.<\/p>\n\n\n\n In commodities, oil prices rose in European trading<\/strong>, rebounding after earlier losses driven by concerns over U.S. tariffs and slowing global economic growth.<\/strong><\/p>\n\n\n\n Despite some recovery, market sentiment remains fragile<\/strong>, with investors awaiting key U.S. inflation data<\/strong> and an OPEC monthly report<\/strong> for further insights into global supply and demand conditions.<\/p>\n\n\n\n While oil has shown slight gains this week, tariff-related uncertainties continue to weigh on market outlooks<\/strong> and demand expectations.<\/p>\n","protected":false},"excerpt":{"rendered":" European stock markets opened higher on Wednesday as investors reacted to the European Union\u2019s decision to impose retaliatory tariffs on U.S. imports worth up to \u20ac26 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 a 30-day ceasefire proposal with …<\/p>\n","protected":false},"author":9,"featured_media":70012,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7211,6877,6928,6882],"class_list":["post-112725","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=112725"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112725\/revisions"}],"predecessor-version":[{"id":112726,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112725\/revisions\/112726"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70012"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=112725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=112725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=112725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}European Market Performance<\/strong><\/h4>\n\n\n\n
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EU Retaliates Against U.S. Tariffs<\/strong><\/h4>\n\n\n\n
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Corporate Earnings & Market Movers<\/strong><\/h4>\n\n\n\n
Oil Prices Recover Amid Market Volatility<\/strong><\/h4>\n\n\n\n