European stock exchanges are negative

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Lerato Khumalo

In European stock exchanges, a negative course except France is followed.

The Stoxx Europe 600 indicator index decreased by 0.1 percent 553.04 points, the DAX 40 index decreased by 0.4 percent in Germany, 22.525.23 points in the UK, and the FTSE 100 index in the UK is 8.738.65 points with a loss of 0.3 percent. .

The MIB 30 index in Italy is trading at 37.906 points with a horizontal course, the IBEX 35 index in Spain decreased by 0.3 percent from 12,891 points and the CAC 40 index in France increased by 0.04 percent.

In global markets, US President Donald Trump did not close the way to negotiation on tariffs, while the optimism has been influenced by the direction of the markets, while the eyes in Europe today turned into growth data to be announced in the Eurozone.

While recession concerns in the region continue to be one of the main economic agenda items, the news flow on the commercial relations of the US and the European Union (EU) is closely monitored.

Trump, yesterday, the EU’s Apple, Google and Facebook, such as many American companies such as and sentenced to penalties, recalling, “We all love Europe, European countries, but the EU is very cruel about trade.” evaluated. Trump also emphasized that mutual tariffs are valid for everyone.

In geopolitical developments, the optimism that could be entered into a solution process during the Russian-Ukrainian War supported the risk appetite. On the other hand, according to the data released in the region today, wholesale prices in Germany increased by 0.9 percent on a monthly and annual basis.

For the rest of the day, retail sales in the USA, industrial production, capacity usage rate and Gross Domestic Product (GDP) will be followed in the Euro Region.