Market Reactions to Tariff Wars

Following Beijing's decision to impose tariffs on US goods, mirroring Washington's earlier actions, major European stock markets experienced significant downturns. The DAX, CAC 40, and others saw notable declines, reflecting the immediate impact of these trade tensions.

Currency Fluctuations Amidst Trade Tensions

The euro and pound sterling both gained strength against the US dollar, highlighting the broader financial implications of the ongoing tariff disputes between the world's largest economies.