European Markets on Edge Ahead of US Trade Deal Announcements

As the clock ticks toward the unveiling of new US trade policies, European stock indexes showed signs of unease during premarket trading on Friday. The anticipation of upcoming US trade deal announcements and the assessment of recent US tariffs have left investors in a state of cautious waiting.

Key Economic Reports in the Spotlight

Market participants are also keeping a close eye on a slew of economic indicators set to be released. Among these, the UK's GDP data, industrial output, and trade balance figures stand out, alongside French inflation numbers, which could provide further direction to the markets.

Market Performance at a Glance

By 8:00 am CET, the DAX had shed 0.25%, while the FTSE 100 and the Euro Stoxx 50 were down by 0.14% and 0.28%, respectively. In contrast, the CAC 40 managed to climb by 0.29%, offering a glimmer of optimism amidst the prevailing uncertainty.

Currency Movements Reflect Market Sentiment

The euro weakened slightly against the dollar, trading 0.2% lower at $1.16775 by 7:58 am CET. Meanwhile, the pound held steady against the greenback, maintaining its position at $1.35619.