European stock exchanges follow a positive course with the effect of signals received from macroeconomic data with the decision to postpone the tariff by the United States.
The Stoxx Europe 600 indicator index increased by 0.5 percent to 553 points, the DAX 40 index in Germany is 24.140 points with an increase of 0.6 percent and the FTSE 100 index in the UK is trading from 8.797 points with 0.9 percent.
The FTSE MIB 30 index in Italy won 0.5 percent of 40,198 points, the IBEX 35 index in Spain increased by 0.4 percent of 14.286 points and the CAC 40 index in France increased by 0.2 percent to 7.841 points.
Global markets follow a mixed course with the uncertainties of the US’s variable tariff policies and the effects of these policies on global economy, while the decision to postpone the tariff postponing by the United States on the European stock exchanges and the signals taken from macroeconomic data are effective in prices on the markets.
While the statements of ECB President Christine Lagarde in the region are also followed, Lagarde said that the existing world order is shaken by the foundations of the current world order, and that the changing landscape could open a door to the euro’s playing a larger international role.
Stating that the euro has seen opportunities for a larger role, Lagarde said that Europe needs a deeper and more liquid capital market for this.
Analysts, the European Union’s largest trade partner in the US relations with a conciliatory attitude, stating that the impact of weakening in the manufacturing industry to maintain fragile growth in order to maintain the aggressive trade policies of the authorities, he said.
According to data released in Germany, the GFK Consumer Confidence Index was over expectations with minus 19.9. In France, May Relationship Consumer Price Index (CPI) said the slowest increase since March 2021 with 0.7 percent on an annual basis.
Analysts today, Consumer Confidence Index in the Euros Region, Durable goods orders in the United States, New York FED Consumer Confidence Index and Dallas Fed Manufacturing Industry Index will be followed, he said.
