European markets trimmed weekly gains amid global recession worries rooted in the U.S. trade policy-driven turmoil and rapidly intensifying trade war between the U.S. and China.
European markets staged a sharp rebound, tracking gains on Wall Street. The U.S. president backed down from his steep tariffs after the U.S. Treasury signaled rising risks of an upcoming bond auction failure.
European stocks resumed their slide amid the rapidly escalating trade war between the world's two largest economies. The U.S. tariffs on imports kicked in, and the presidential administration sent conflicting signals about its trade policy.
European markets rebounded following sharp losses in the previous session as the European Union and the U.S. exchanged offers. France's trade deficit widened after imports rose at a faster pace than exports in February.
European markets attempted to recover from early losses after the U.S.-sparked trade war intensified. German trade surplus shrank, and industrial output decreased.
European markets extended weekly losses after worries of a wider trade war were compounded by the weakening growth outlook. Benchmark indexes in Frankfurt, Paris, and London deepened losses to 7%.
European markets extended the weekly decline for the second consecutive day after the U.S. announced reciprocal tariffs targeting key trading partners.
European markets remained under pressure ahead of the start of the U.S. import tax on vehicle imports and additional duties on other industrial imports. Spain's registered jobless count declined in March.
European markets overlooked rising trade tensions with the U.S. and the escalating trade war with the U.S. Consumer price inflation in the eurozone is slower following the easing of services inflation and a decline in energy prices.
Stock market indexes across Europe fell as much as 1% ahead of the implementation of the U.S. import tax on vehicles. Germany's consumer price inflation slowed to a four-month low of 2.2% in March.
European markets extended weekly losses to 2%, driven by a 5% decline in stocks in the automobile sector. The UK's retail sales advanced in February, and GDP and France's inflation remain below 1% for the second consecutive month in March.
European markets hovered near record high and awaited UK's financial spending plans. The consumer price inflation edged slightly lower, but stayed above the central bank's target rate in February.
European stock market indexes rebounded amid expectations of improving business climate after German lawmakers passed historic debt reform. Passenger vehicle sales in the European Union edged lower in February.
European markets lacked direction, bond yields hovered near recent highs, and the euro stayed at a multi-month high as business activities expanded for the third consecutive month in March.
European markets turned cautious ahead of U.S. trade tariffs and Russia-Ukraine conflict uncertainty. For the week, indexes in Frankfurt and Paris declined, but they rose in London.
