European Markets Open Flat as US Trade Talks Continue

Major European stock indexes showed little movement at the opening on Wednesday, as attention remained fixed on the ongoing trade discussions between the United States and the European Union. US Treasury Secretary Scott Bessent highlighted the challenges in reaching a swift agreement, citing the EU's "collective action problem" as a significant hurdle.

Index Performances at a Glance

The DAX saw a modest increase of 0.12% as trading began. Meanwhile, the Euro Stoxx 50, the CAC 40, and the FTSE 100 all opened flat at 9:00 am CET, indicating a cautious stance among investors.

Currency Movements

The euro remained stable against the dollar, trading at 1.11860 at 8:59 am CET. In contrast, the pound experienced a slight decline of 0.07% against the dollar, settling at 1.33000.

Stay tuned for further updates on this developing story.