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Europe & Africa markets edge modestly lower as US global tariffs weigh

European and African equity markets finished slightly lower on Monday, as global trade policy uncertainty and mixed investor cues from the United States tempered risk appetite toward the end of the European trading session.

European benchmarks wobble on trade concerns

Major European indices experienced modest declines by market close. The Euro Area’s primary benchmark index tracked lower, reflecting broad-based selling in industrial and automotive sectors following renewed uncertainty about transatlantic trade policy and tariff frameworks.

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Although some components such as energy and select utilities showed resilience, overall sentiment was driven by weaker lead from Wall Street and risk-off positioning among institutional investors. High-beta and export-dependent stocks in Germany and France underperformed relative to more defensive parts of the market.

African markets reflect broader risk cues

Equity markets in Africa, represented by aggregated benchmarks tracking regional performance, also edged lower alongside European peers. The decline was largely driven by risk aversion and weaker commodity-linked equities, with investors recalibrating exposure amid global macro headwinds. Regional markets remain sensitive to global capital flows and foreign investor appetite, which have been subdued in early 2026 due to volatility in developed-market policy environments.

Macroeconomic backdrop and investor strategy

Headwinds for European and African markets include uncertainty over global trade negotiations, interest rate expectations in major economies, and capital rotation into perceived safe havens such as government bonds and gold. Traders also cited mixed economic data releases from Europe, which provided little clear direction for sustained equity market gains.

Near-term outlook

Markets are expected to remain cautious as investors assess forthcoming economic reports and central bank communications this week. Continued debate over US-EU trade policy and quantitative tightening signals from major banks could further pressure sentiment in Europe and Africa.

Newshub Editorial in Europe & Africa – 24 February 2026

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