A negative course is followed in European stock exchanges.
The Stoxx Europe 600 indicator index decreased by 1 percent of 537 points, the DAX 40 index decreased by 0.9 percent in Germany and 22.270 points and the FTSE 100 index in the UK is traded from 8.592 points with 0.8 percent loss.
The FTSE MIB 30 index in Italy decreased by 0.8 percent, 38,353 points, the IBEX 35 index in Spain decreased by 0.7 percent of 13.213 points and CAC 40 index in France is 7.825 points with a depreciation of 1.1 percent.
In global markets, a negative course was followed with increasing trading war concerns after US President Donald Trump said that tariffs will cover all countries, while the news stream for reciprocity -based tariffs is at the focus of investors in the coming days.
While the European stock exchanges are negatively, the uncertainty about the effects of Trump tariffs continues to create sales pressure in the region.
German Chancellor Olaf Scholz said that the European Union (EU) was not “weak” against US President Trump’s additional customs tariffs and is ready to respond to Washington as a “one body”.
“Therefore, cooperation continues to be the target of Europe. However, if the US does not leave us another option as in the tariffs applied to steel and aluminums, we will respond as one body.” he said.
Scholz, who criticized Trump’s “American” policies as well as the customs tariffs of Trump, said that the response to them is more free trade, more competitiveness and more technological sovereignty.
“When we look at the markets and stock prices, we see that we’re not on the wrong way with our tariff policy,” Scholz pointed out that trade wars are damaging all parties. He said.
According to the data released in the region today, retail sales in Germany increased by 4.9 percent monthly by 0.8 percent monthly.
For the rest of the day, the Consumer Price Index (CPI) in Germany and DALLAS FED manufacturing industry index will be followed in the USA.
