The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while Wall Street stocks eased as U.S. President Donald Trump is expected to decide what tariffs to impose on Canada and Mexico early on Tuesday.
European stocks did better than their US counterparts in February. Experts believe that outperformance will likely continue in 2025.
It is clear that this [the U.S.] government does not care much about the fate of Europe,” says Friedrich Merz, who is set to be Germany’s next chancellor.
· 9h
ECB cuts rates again but risk of April pause growing
Traders See Three Fed Cuts In 2025 As Tariffs Add To Growth Risk
Money markets moved to fully price three quarter-point reductions this year for the first time since the middle of December, following the imposition of US levies on Canada, Mexico and China. The curve steepened, with yields on two-year tenors falling six basis points to 3.89%.
· 9h
ECB Heads for Showdown Over Whether to Cut Rates Again in April
EUROPEAN shares clocked their tenth straight weekly gain on Friday, continuing their stellar run into the new year though sentiment was shaky towards the end of the week amid trade tariff threats from US President Donald Trump.
U.S. tariffs on Canada, Mexico, and China take effect, causing a market shift to sell stocks and buy bonds. Trump's aggressive trade policies threaten global growth and lead to bets on Federal Reserve rate cuts.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback