The European stock exchanges are negative on the first trading day of the week.
The Stoxx Europe 600 indicator index decreased by 1.5 percent, 531.70 points, the DAX 40 index in Germany is 21.327.50 points with a depreciation of 1.8 percent, and the FTSE 100 index decreased by 1.2 percent in England with 8.566.75 points. .
The MIB 30 index in Italy is trading at 35.932 points with 1.5 percent loss, the IBEX 35 index in Spain decreased by 1.4 percent of 12.196 points and the CAC 40 index decreased by 1.9 percent in France.
In the global markets, the US brought Canada to Mexico with 25 percent and China brought an additional 10 percent customs duties, while the sales pressure stands out, while the developments are closely monitored.
The effects of additional customs duties on global trade and economy, which US President Donald Trump will apply to other countries as well as additional customs duties that will enter into force on February 4, are at the focus of the markets.
Analysts stated that the wick of trade wars with the reactions after the US additional customs duty decision was fired and that the news flow for commercial sanctions may have an impact on the direction of the markets.
While a sales -weighted course in European stock exchanges stands out, Trump’s tariff rhetoric for the EU in the new week is the focus of the region.
“EU goods will be harshly responded to any trading partner who imposes customs duty unfairly or arbitrarily,” the European Commission spokesperson after Trump announced that the US will certainly apply additional customs duties to the European Union (EU). he said.
Klaas Knot, the President of the Central Bank of the Netherlands and the European Central Bank (ECB) Management Council, said yesterday that the best reaction to the tariffs in terms of economic tariffs is not to do anything, but that countries expect the countries to retaliate with political concerns. ” He said.
On the other hand, while the inflation and recession dilemma continues to be another agenda item of the Euro Region, the data to be announced today is expected to give more information about the economic course in the region.
Today, Inflation and Manufacturing Industry Purchasing Managers Index (PMI) data will be followed in the Euro Region today.