On the first trading day of the week in the European stock exchanges, a negative course is followed by harsh sales pressure.
The Stoxx Europe 600 indicator index decreased by 6.4 percent, 465 points, the DAX 40 index decreased by 7.5 percent in Germany and 19.142 points and the FTSE 100 index in the UK is traded from 7,658 points with a depreciation of 4.9 percent.
The FTSE MIB 30 index decreased by 7.3 percent in Italy, 32,135 points, IBEX 35 index in Spain decreased by 5.9 percent of 11.702 points and CAC 40 index in France is 6.2 percent of 6.2 percent loss.
In global markets, the sales pressure of US President Donald Trump announced after the reciprocity -based tariffs gained strength and moved to the new week.
While the European stock exchanges are negative, possible retaliation statements from the region for Trump tariffs are closely monitored.
According to the European press reports, the European Union (EU) countries are expected to approve the first counter -sanctions against US imports by trying to create a combined facade against Trump’s customs duties in the coming days.
Last week, EU Commission President Ursula von Der Leyen, reminding that they are always ready to negotiate with the US to remove obstacles in transatlantic trade, “At the same time, we are also ready to respond. We are already completing the first counter -measure package in response to steel. He used his statements.
Analysts stated that the steps taken by the EU side may be decisive for global economy and trade, emphasizing that increasing trade wars concerns may cause sales pressure in the markets.
On the other hand, according to the data released in the region, industrial production in Germany decreased by 1.3 percent monthly in February, while February foreign trade surplus was 17.7 billion euros.
For the rest of the day, the news flow for the US tariffs, the Sentix Investor Confidence Index in the Euro Region and the retail sales data will be followed.
