<\/p>\n\n\n\n
European equity markets rallied on Monday, driven by renewed optimism over the state of global trade after weekend talks between the United States and China yielded signs of a potential breakthrough in their months-long tariff war.<\/p>\n\n\n\n
As of 03:02 ET (07:02 GMT), the DAX index in Germany jumped 1.8%<\/strong>, the CAC 40 in France gained 1.3%<\/strong>, and the FTSE 100 in the U.K. climbed 1%<\/strong>, as investor sentiment turned firmly positive.<\/p>\n\n\n\n The White House announced Sunday that a trade agreement had been reached with China<\/strong>, following days of negotiations. Chinese officials echoed the positive tone, stating that both sides would release a joint statement later on Monday<\/strong>.<\/p>\n\n\n\n While the details of the agreement remain sparse\u2014and neither party has disclosed any changes to the existing tariffs of over 100% imposed last month\u2014the absence of confrontational rhetoric and the apparent willingness to continue dialogue have been interpreted by markets as a clear step toward de-escalation<\/strong>.<\/p>\n\n\n\n The development comes on the heels of positive geopolitical signals<\/strong> elsewhere. A ceasefire between India and Pakistan<\/strong> appears to be holding, and Ukrainian President Volodymyr Zelenskiy<\/strong> announced plans to meet with Russian President Vladimir Putin<\/strong> in Turkey on Thursday, offering hope of diplomatic progress on multiple fronts.<\/p>\n\n\n\n With Monday\u2019s European economic calendar relatively light, investor attention will shift to the upcoming first-quarter GDP and inflation figures<\/strong> for the eurozone. These readings will provide further clues ahead of the European Central Bank\u2019s policy decision in early June<\/strong>.<\/p>\n\n\n\n The ECB has already implemented seven rate cuts over the past year<\/strong>, as inflation pressures ease. Financial markets now assign a 90% probability<\/strong> to another rate cut in June, with the potential for further easing in the second half of the year.<\/p>\n\n\n\n On the corporate front, UniCredit (BIT:CRDI)<\/strong> posted a record first-quarter net profit of \u20ac2.8 billion<\/strong>, an 8.3% increase year-over-year<\/strong>. Strong trading revenue and fee income helped offset a decline in net interest margins, as lower rates began to impact lending profitability. Shares in the Italian lender rose in early trading.<\/p>\n\n\n\n In contrast, German steelmaker Salzgitter (ETR:SZGG)<\/strong> reported weaker-than-expected Q1 earnings<\/strong>, citing continued macroeconomic weakness in Europe<\/strong>, especially in Germany. Lower industrial output and demand for steel products weighed on both production and processing segments. The company did not revise its full-year guidance but signaled caution for the coming quarters.<\/p>\n\n\n\n Investors will be watching for the joint statement from U.S. and Chinese officials later today, as well as key eurozone data releases due this week. A confirmed de-escalation in global trade tensions could further bolster equities and risk assets, while inflation and growth figures will help shape expectations for the ECB\u2019s next move.<\/p>\n","protected":false},"excerpt":{"rendered":" European equity markets rallied on Monday, driven by renewed optimism over the state of global trade after weekend talks between the United States and China yielded signs of a potential breakthrough in their months-long tariff war. As of 03:02 ET (07:02 GMT), the DAX index in Germany jumped 1.8%, the CAC 40 in France gained …<\/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":[38,6827,49,36],"tags":[],"class_list":["post-114424","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/114424","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=114424"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/114424\/revisions"}],"predecessor-version":[{"id":114425,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/114424\/revisions\/114425"}],"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=114424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=114424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=114424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Trade Talks Spark Risk-On Sentiment<\/h3>\n\n\n\n
ECB in Focus Ahead of Growth, Inflation Data<\/h3>\n\n\n\n
UniCredit Delivers Record Q1 Profit<\/h3>\n\n\n\n
Salzgitter Weighed by Weak Demand<\/h3>\n\n\n\n
Outlook<\/h3>\n\n\n\n