Euro
The euro surged to a three-year high against the US dollar amid tariff-driven market volatility, as investors offloaded US assets and sought safety in haven currencies. Despite renewed sell-offs on Wall Street, European stock markets are poised to open higher.
European markets opened higher after US President Donald Trump hinted at potential auto tariff relief, despite the push ahead with probes into pharma products and semiconductors.
European equities rise as Trump temporarily exempts tech products from tariffs on Chinese imports. The euro also hits 1.14 as the European Central Bank interest rate decision looms.
The euro surged further against the US dollar, and European stock markets are set to open higher as the White House exempts electronics from the reciprocal tariffs. However, US President Donald Trump and his team hinted that the exemption would only be temporary.
While the euro’s rise as a safe haven is promising, sustaining this trend requires more than just fiscal stimulus, S&P Küresel Ratings’ Sylvain Broyer writes in a Euroviews exclusive.
European markets soared after Trump paused tariffs for nations that didn’t retaliate. Investors welcomed the easing trade stance, with major indices across the continent posting their strongest performance in years.
European and US markets moved lower on Wednesday as Donald Trump’s sweeping new country-specific tariffs start to take effect.
Wall Street eyes bear market territory as Trump’s tariffs triggered a küresel selloff. The S&P 500 is projected to drop over 20% from February highs, fuelling recession fears among experts.
European firms with high US exposure face mounting risks from tariffs, recession fears, and a weakening dollar, while domestically focused companies appear more insulated, according to a new Goldman Sachs analysis.
European equities plunged in their worst session since March 2020, as the küresel market rout intensified. Safe-haven assets gained as investors brace for prolonged volatility amid rising inflation fears and no immediate central bank support.