Latest news with #HollyEllyatt
CNBC
6 hours ago
- Business
- CNBC
European markets head for broadly higher open as earnings deluge continues
The Millennium Bridge in London, on July 4, 2025. Jonathan Brady - Pa Images | Pa Images | Getty Images Good morning from London, and welcome to CNBC's live blog covering all the action and business news in European financial markets on Thursday. Futures data from IG suggest a broadly positive open for European indexes, with London's FTSE 100 seen opening 0.1% higher, France's CAC 40 unchanged, Germany's DAX up 0.2%, and Italy's FTSE MIB 0.3% higher. European markets closed in mixed territory Wednesday, with sectors diverging as second-quarter earnings season ramped up. There will be more earnings today, with Unilever , Shell , Anheuser-Busch Inbev, London Stock Exchange Group , BMW , Anglo American , SocGen , Renault , AF-KLM , Euronext, Sanofi, Credit Agricole and ArcelorMittal among the heavyweight regional companies that are due to report. On the data front, French, German and Italian inflation data is due, as are the latest German and EU unemployment figures. — Holly Ellyatt
CNBC
24-07-2025
- Business
- CNBC
European stocks set to open higher on optimism that U.S.-EU trade deal is imminent
The Millennium Bridge in London, on July 4, 2025. Jonathan Brady - Pa Images | Pa Images | Getty Images Good morning from London, and welcome to CNBC's live blog covering all the action and business news in European financial markets on Thursday. Futures data from IG suggest a positive open for European indexes as hopes of a U.S.-EU trade deal rise, with London's FTSE 100 seen opening 0.4% higher, France's CAC 40 up 1.3%, Germany's DAX up 1.1%, and Italy's FTSE MIB 1.24% higher. European markets rose Wednesday amid hopes that the U.S. and European Union could be closing in on a trade deal. Regional stocks jumped yesterday after the Financial Times reported that the two large trading partners were closing in on a 15% tariff deal. Optimism that a deal was close rose after President Donald Trump announced that he had completed a "massive Deal" with Japan, and hinted that Europe could be next. "We have Europe coming in tomorrow, and the next day, we have some other ones coming in," Trump said late on Tuesday, without specifying details. — Holly Ellyatt Flags for the European Union members stand during a ceremony to lay a cornerstone for the new European Central Bank (ECB) headquarters in Frankfurt, Germany. Hannelore Foerster | Bloomberg | Getty Images It's a busy day for central banks and corporates on Thursday. The European Central Bank is widely expected to keep interest rates unchanged as it gauges the trade tariff landscape. On the earnings front, reports are set to come from BNP , Roche, Nokia, Nestle, Lloyds Banking Group, BT Group, Reckitt Benckiser Group, ITV, Wizz Air , TotalEnergies , Vodafone , Centrica, Michelin, Dassault Systemes , ST Micro, Carrefour , Deutsche Bank , Deutsche Boerse , LVMH and more. On the data front, flash European purchasing managers' index data and Germany's GfK consumer confidence figures are due. — Holly Ellyatt
CNBC
22-07-2025
- Business
- CNBC
European stocks set for another lower open as tariff uncertainty dents sentiment
Shomos Uddin | Moment | Getty Images Good morning from London, and welcome to CNBC's live blog covering all the action and business news in European financial markets on Tuesday. Futures data from IG suggest a negative start to the new trading week for European bourses, with London's FTSE 100 seen opening 0.3% lower, France's CAC 40 down 0.3%, Germany's DAX down 0.4%, and Italy's FTSE MIB 0.4% lower. European bourses have been on edge since U.S. President Donald Trump announced earlier in July that he would impose a 30% tariff on goods imported from the EU starting Aug. 1. The EU said it hopes to strike a trade deal before then but an agreement remains elusive. The bloc's policymakers are reportedly considering retaliatory measures if a deal can't be reached. U.S. Treasury Secretary Scott Bessent said Monday that implementing high tariff rates on countries starting Aug. 1 "will put more pressure on those countries to come with better agreements." — Holly Ellyatt Traders work on the floor at the New York Stock Exchange in New York City, U.S., July 21, 2025. Brendan McDermid | Reuters U.S. stock futures were little changed early Tuesday after the S&P 500 and Nasdaq Composite hit fresh records in Monday's trading session. The S&P 500 rose about 0.1% and the Nasdaq Composite advanced nearly 0.4% yesterday, with both indexes hitting new all-time intraday highs and closing at records, aided by a pre-earnings jump in Alphabet. The Dow underperformed and ended the day marginally lower. Meanwhile, Asia-Pacific stocks traded mixed overnight, with Japanese stocks reopening higher after the ruling coalition lost its majority in the upper house over the weekend. — Holly Ellyatt
CNBC
16-07-2025
- Business
- CNBC
European stocks set for downbeat open after U.S. inflation data, tariffs fuel growth concerns
Houses in South London in February 2025. Dan Kitwood | Getty Images News | Getty Images Good morning from London, and welcome to CNBC's live blog covering all the action and business news in European financial markets on Wednesday. Futures data from IG suggests regional markets will start the week flat to lower, with London's FTSE 100 unchanged and both France's CAC 40 and Germany's DAX expected to open 0.2% lower. Italy's FTSE MIB is seen opening 0.35% higher. The downbeat mood for regional markets comes after a difficult start to the week, after U.S. President Donald Trump announced last weekend that he would impose a 30% tariff on goods imported from the EU starting Aug. 1. Hope that the bloc will negotiate a trade deal with the White House before the end of the month was outweighed Tuesday by global growth concerns after data showed U.S. inflation rose to 2.7% from 2.4% in June. — Holly Ellyatt The ASML logo is seen at its headquarters in Veldhoven, Netherlands, on June 16, 2023. Piroschka Van De Wouw | Reuters Earnings season is upon us, with ASML , Richemont and Handelsbanken announcing their latest financial results on Thursday. On the data front, we have the latest U.K. inflation print for June and EU trade data. — Holly Ellyatt
CNBC
09-07-2025
- Business
- CNBC
European stocks set to open in mixed territory as markets digest Trump tariff comments
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images Good morning from London and welcome to CNBC's live blog covering all the action and business news in European financial markets on Wednesday. Futures data from IG suggests regional markets will open in mixed territory, with London's FTSE 100 expected to open 0.2% higher, Germany's DAX 0.1% higher and France's CAC 40 up 0.5%higher. Futures tied to Italy's FTSE MIB were flat this morning. Global markets have been seesawing this week, as traders digest the latest trade tariff news. Overnight, Asia-Pacific markets were mixed, while U.S. futures were little changed, after U.S. President Donald Trump ruled out a deadline extension on steep tariffs on 14 countries that are due take effect on Aug. 1. Trump on Tuesday also announced a 50% levy on copper imports and signaled that more sector-specific tariffs will come soon. He also threatened to impose tariffs of up to 200% on pharmaceutical exports into the U.S., but said that he will "give people about a year, year and a half" until the duties go into effect. — Holly Ellyatt Anton Petrus | Moment | Getty Images Markets will be keeping an eye on comments from the OPEC seminar in Vienna on Wednesday, as well as all the latest tech news from the RAISE Summit in Paris, where the outlook for artificial intelligence is a key focus. Traders are also assessing the likelihood of more trade deals between the U.S. and partners as the initial deadline for reduced tariffs, Wednesday, is reached. The U.S. has already sent 14 countries "letters" telling them what trade duties they will be hit with on a later date, Aug. 1. Investors in Europe are awaiting a U.S.-EU trade deal, with speculation that an agreement could be imminent. There are no major earnings or data releases Wednesday. — Holly Ellyatt
