{"id":121751,"date":"2025-12-16T14:08:40","date_gmt":"2025-12-16T10:08:40","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=121751"},"modified":"2025-12-16T14:08:45","modified_gmt":"2025-12-16T10:08:45","slug":"european-stocks-slip-as-tech-weakness-lingers-central-bank-week-and-u-s-payrolls-take-focus","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-slip-as-tech-weakness-lingers-central-bank-week-and-u-s-payrolls-take-focus\/12\/16\/market-updates\/","title":{"rendered":"European Stocks Slip as Tech Weakness Lingers; Central Bank Week and U.S. Payrolls Take Focus"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><\/h2>\n\n\n\n<p>European equities traded lower on Tuesday, tracking the softer tone from Wall Street, though declines remained contained as investors positioned for a heavy week of central bank decisions and key U.S. data.<\/p>\n\n\n\n<p>At <strong>03:05 ET (08:05 GMT)<\/strong>, Germany\u2019s <strong>DAX<\/strong> fell <strong>0.6%<\/strong>, France\u2019s <strong>CAC 40<\/strong> dipped <strong>0.2%<\/strong>, and the U.K.\u2019s <strong>FTSE 100<\/strong> eased <strong>0.1%<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Tech drag sets cautious tone<\/h3>\n\n\n\n<p>Risk appetite stayed fragile after renewed weakness in global tech shares. The latest leg lower was linked to investor disappointment over <strong>guidance and high spending plans<\/strong> from <strong>Broadcom<\/strong> and <strong>Oracle<\/strong>, reigniting debate around whether AI-related capex is translating into near-term profitability.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Central banks dominate Europe\u2019s calendar<\/h3>\n\n\n\n<p>While equity moves were modest, the bigger catalyst for the week is monetary policy:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>ECB (Thursday):<\/strong> Expected to <strong>hold rates at 2%<\/strong>, with recent data pointing to a gradual eurozone recovery.<\/li>\n\n\n\n<li><strong>Riksbank &amp; Norges Bank:<\/strong> Also hold final policy meetings for 2025 this week.<\/li>\n\n\n\n<li><strong>Bank of England:<\/strong> Seen as the <strong>closest call<\/strong>, but markets still lean toward <strong>another rate cut<\/strong>, helped by cooling labour-market momentum.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">U.S. payrolls headline the data risk<\/h3>\n\n\n\n<p>Beyond Europe, markets were bracing for the <strong>delayed U.S. nonfarm payrolls report<\/strong>, a key input after the Fed\u2019s recent rate cut and its guidance toward potential additional easing next year.<\/p>\n\n\n\n<p>Consensus expectations cited in your text point to <strong>~50,000 jobs added<\/strong>, a sharp slowdown versus <strong>September\u2019s 119,000<\/strong>, which would reinforce the narrative of a cooling U.S. labour market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Corporate and commodities highlights<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>TotalEnergies<\/strong> signed a <strong>21-year renewable power supply deal<\/strong> to support <strong>Google\u2019s data centres in Malaysia<\/strong> (1 TWh).<\/li>\n\n\n\n<li><strong>Rolls-Royce<\/strong> announced plans to start a <strong>\u00a3200 million interim share buyback<\/strong> in January.<\/li>\n\n\n\n<li><strong>Oil prices fell<\/strong> on rising hopes for progress toward a Russia-Ukraine peace deal, which could eventually increase Russian supply if sanctions are eased:\n<ul class=\"wp-block-list\">\n<li><strong>Brent<\/strong> down <strong>0.8%<\/strong> to <strong>$60.04<\/strong><\/li>\n\n\n\n<li><strong>WTI<\/strong> down <strong>0.9%<\/strong> to <strong>$58.18<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>European equities traded lower on Tuesday, tracking the softer tone from Wall Street, though declines remained contained as investors positioned for a heavy week of central bank decisions and key U.S. data. At 03:05 ET (08:05 GMT), Germany\u2019s DAX fell 0.6%, France\u2019s CAC 40 dipped 0.2%, and the U.K.\u2019s FTSE 100 eased 0.1%. Tech drag &hellip;<\/p>\n","protected":false},"author":9,"featured_media":98251,"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-121751","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\/121751","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=121751"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121751\/revisions"}],"predecessor-version":[{"id":121752,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121751\/revisions\/121752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/98251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}