News Formal

European Stocks Fall as Trade War Fears and Economic Data Weigh

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 30 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 53%

Business News

TRADE WAR,ECONOMY,FEDERAL RESERVE

European stock markets declined on Friday, driven by anxieties over a potential trade war with the US sparked by President-elect Donald Trump's tariff threats and digested less-than-optimistic economic indicators. The eurozone's slow growth, particularly in Germany, is exacerbated by these trade tensions. Adding to the unease, a partial US government shutdown looms due to political impasse over a spending bill, further amplifying market uncertainty. Additionally, the Federal Reserve's indication of slower rate cuts next year strengthened the dollar and pressed down oil prices.

Investing.com -- European stock markets fell Friday, as investors fretted about the potential of a trade war with the US, while digesting more important economic data.US President-elect Donald Trump reignited tensions with the European Union on Friday by threatening to impose tariffs if the EU didn't make sme atempts to address its substantial trade deficit with the US by buying American oil and gas.

Additionally, concerns over the impending U.S. government shutdown added to market anxiety, with expectations of disrupted travel and economic activity. On Friday, investors await several important economic updates, including the U.K.'s retail sales figures for November, France's Producer Price Index for the same month, and Italy's latest consumer confidence index.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

French stocks up 0.6% despite political upheaval; European markets trade higherEuropean markets traded higher Tuesday, with investors keeping an eye on political upheaval in France this week.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Kospi heavyweight stocks fall in volatile trade after President Yoon's martial law flip-flopSouth Korean stocks fell in a volatile trading session amid market jitters triggered by political turmoil.
Source: NBCDFW - 🏆 288. / 63 Read more »

Kospi heavyweight stocks fall in volatile trade amid political chaosSouth Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.
Source: NBCLA - 🏆 319. / 59 Read more »

European Stocks Fall as Investors Await Fed DecisionEuropean stock markets are poised for a downward opening as investors eagerly anticipate the outcome of the U.S. Federal Reserve's latest monetary policy meeting. All eyes are on the Fed's policy statement, economic projections, and Chair Jerome Powell's press conference for hints about the future trajectory of interest rates.
Source: NBCNewYork - 🏆 270. / 63 Read more »