European Markets React to Latest Economic Indicators

Major European stock markets experienced a downturn at the opening on Thursday, influenced by a fresh wave of economic data and earnings reports from both global and regional corporations.

German Producer Prices and Swiss Trade Surplus in Focus

Prior to the market opening, Destatis reported a 0.2% decrease in German producer prices for March. Meanwhile, the Swiss Federal Office for Customs and Border Security (FOCBS) highlighted a trade surplus of 13.7 billion Swiss francs in the first quarter of 2025.

Currency Markets Show Slight Declines

In the currency markets, both the euro and the pound saw minor declines against the dollar, with rates at $1.13590 and $1.32274, respectively, by 8:59 am CET.

Stay tuned for further updates...