European bags are closed with US inflation and tension on Trump fees | The economy
European scholarships further increased the losses on Friday 28th, with the United States, the United States, the regional economic indicators and uncertainty around the new trade tariffs announced by US President Donald Trump to end the fallen trade floor.
In London, the FTSE 100 went back 0.08%and ended at 8,658.85 points. Frankfurt’s DAX fell 0.98%to 22,455.90 points, Paris’s CAC 40 lost 0.93%, the session ended at 7,916.08. In Madrid, the IBX 35 rose to 0.84%, 13,309.30 points, while the PSI increased from Lisbon to 20 and 0.75%to 6,950.96 points. FTSE MIB has already fallen from Milan to 0.92%and closed at 38,739.30 points. Data is basic.
During the week, the FTSE 100 increased 0.14%; DAX and CAC received 1.90% and 1.58% respectively. FTSE MIB increased 0.76%, PSI 20 2.26%. Ibex 35 lost 0.3%
The market has responded to the spread of the cost of expenses of the US individual consumer expenses (PCE), which is ahead of expectations, as a result, the Fed will strengthen the expectation of interest rates in the year, according to Capital Economics.
In addition to the gross economic scenario, Trump has a 25% tariff statement on “cars that do not enter the United States”.
“The planned tariffs on the US imported cars are deeply concerned and the European Union highlights the need to support its auto industry,” said Loby Group ACEA Director General Sigrid De Wreaks.
According to her, competitiveness in Europe is already facing challenges and the decision comes to the “crucial time of this sector.”
In the corporate sector, Duish Bank fell 3.02% of Frankfurt, one day after announcing the recovery of CEO contract Christian stitch until 2029. Ubisoft was overwhelming and dropped 1.74%. Earlier, the company opened fire after setting up a subsidiary of 1.16 billion euros from Chinese tensant.
European automakers have tried to soften the risks the day before, but are still working. Stellantis in Milan fell 3.9%, Mercedes -Benz, BMW and Porsche fell 1.61%, 1.60% and 1.54% respectively.
The Italian Bank BPM fell 1.78%, announcing that the Asset Manager Holding would come up with its offer.
*With information from Dow Jones Newswires
