
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.
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