Market

European Markets Dip in Premarket as Trade Policy Uncertainties Weigh on Investors

Market Overview

Major European stock exchanges experienced losses in the premarket session this Friday. The uncertainty surrounding the United States' trade policies and how its partners will respond with reciprocal tariffs has left investors cautious.

Key Data Points

Investors are closely monitoring Swiss unemployment numbers, German retail sales, and the United Kingdom's construction figures for any signs of economic health amidst these trade tensions.

Index Performances

At 8:00 am CET, the DAX was down by 0.45%, the Euro Stoxx 50 fell 0.30%, the CAC 40 declined 0.22%, and the FTSE 100 dropped 0.17%.

Currency Movements

By 7:59 am CET, the euro had gained 0.27% against the dollar, trading at 1.10843, while the pound remained stable at 1.30983.