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European markets open cautiously amid global trade optimism

2025/05/09/09:22
in Europe
Reading Time: 1 min read
252 2
A A
Morning Bid: BOJ saves the day

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 6, 2024.

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European stock markets opened with modest gains on Friday, buoyed by recent trade agreements and positive sentiment from Wall Street. The pan-European STOXX 600 index rose by 0.3% in early trading, reflecting investor optimism following the U.S.–UK trade deal announced earlier this week. Major indices such as Germany’s DAX and France’s CAC 40 also saw slight upticks, while London’s FTSE 100 remained relatively flat. Investors are closely monitoring upcoming U.S.–China trade talks scheduled for the weekend, which could further influence market dynamics.
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Asian markets mixed as regional tensions counter trade hopes
Asian markets presented a mixed picture on Friday. Japan’s Nikkei 225 climbed 1.4%, driven by optimism ahead of the U.S.–China trade discussions in Switzerland. Conversely, India’s Sensex and Nifty 50 indices opened sharply lower due to escalating tensions with Pakistan, with the Sensex dropping 1,366 points to 78,968 and the Nifty 50 falling over 300 points. The Shanghai Composite in China experienced a modest decline of 0.18%, reflecting cautious investor sentiment.
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Summary
While European markets opened with cautious optimism, buoyed by recent trade agreements, Asian markets displayed a mixed performance influenced by regional geopolitical tensions and anticipation of upcoming trade talks. Investors worldwide remain attentive to developments in international trade relations and regional conflicts, which continue to shape market sentiments.

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