Friday, 18 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
European Stocks Flat, Tariff Uncertainty Makes Investors Hesitant
Tuesday, 8 July 2025 14:36 WIB | MARKET UPDATE |EropaSaham Eropa

European stock indexes showed no clear direction on Tuesday (9/7), with the STOXX 50 and STOXX 600 moving sideways around the opening line. The main cause was the cautious attitude of investors who continued to monitor developments in trade negotiations between the United States and the European Union. This uncertainty made the market tend to wait and see without a strong direction.

According to a Politico report, the US proposed a base tariff of 10% for all EU goods, but continued to reject the EU's request to remove tariffs from sensitive sectors such as cars, steel, aluminum, and pharmaceuticals. Some sectors such as aircraft and alcoholic beverages could be exempted, but that was not enough to calm market players' concerns. Meanwhile, President Trump officially began sending tariff notifications to countries such as Japan and South Korea, which will be subject to 25% tariffs starting August 1.

In the stock market, the performance of European companies was mixed. Beverage makers Pernod Ricard and Davide Campari Milano rose 1.8% and 1.6% respectively, on the potential exemption of tariffs in the sector. However, other giants such as Nestlé, Hermès, ASML, and Novo Nordisk actually experienced a slight decline of around 0.3%. Meanwhile, SAP and LVMH shares traded flat.

Investors are now waiting for the continuation of trade talks and the EU's response to the US tariff policy. As long as there is no certainty from both parties, the European market is expected to remain in a narrow range. Sectors directly affected by the tariff policy will remain the main focus in the next few days.

Source: newsmaker.id

RELATED NEWS
Australian stocks hit record high as Asia-Pacific markets track Wall Street gains ...
Friday, 18 July 2025 08:03 WIB

Australian equities notched a record high as Asia-Pacific markets tracked Wall Street gains on the back of strong U.S. economic data reports and a slew of better-than-expected corporate earnings. Aus...

S&P 500, Nasdaq 100 Climb to New Highs...
Friday, 18 July 2025 01:29 WIB

US stocks advanced on Thursday, supported by upbeat earnings and solid economic data as markets brushed aside lingering concerns over President Trump's criticism of the Fed and renewed tariff threats....

Wall Street Moves Slowly, Retail Strong, Trump Eases Tensions...
Thursday, 17 July 2025 21:27 WIB

S&P 500 and Nasdaq 100 futures edged up 0.1% and 0.2%, respectively, on Thursday morning (July 17), while the Dow Jones Industrial Average remained flat. What caused this? Investors were digesting...

European Stocks Rebound, Earnings in Focus ...
Thursday, 17 July 2025 14:53 WIB

The STOXX 50 rose 0.9% and the STOXX 600 gained 0.6% on Thursday, marking their first advances in six and five consecutive sessions, respectively, as investor attention shifted to corporate earnings. ...

Asia-Pacific markets mostly fall as investors assess Japan's trade data and Trump's plans for Powell ...
Thursday, 17 July 2025 07:46 WIB

Asia-Pacific markets mostly fell Thursday, with investors assessing the fall in Japan's exports for the second consecutive month, as well as U.S. President Donald Trump's denial of his intent to fire ...

LATEST NEWS
Silver Steady, Markets Wary of US Signals and Trade Tensions

Silver prices stabilized in early Asian trading on Friday (July 18th) as interest in safe-haven assets rebounded amid global uncertainty. Investor interest in the precious metal strengthened after global inflation data was deemed unsatisfactory,...

Gold Steady as Traders Weigh US Economy, Rate Cut Directions

Gold steadied and was set for a moderate weekly loss as investors assessed the outlook for Federal Reserve rate cuts after resilient US jobs and retail data eased concerns about the economy. Bullion traded below $3,340 an ounce in early Asian...

Australian stocks hit record high as Asia-Pacific markets track Wall Street gains

Australian equities notched a record high as Asia-Pacific markets tracked Wall Street gains on the back of strong U.S. economic data reports and a slew of better-than-expected corporate earnings. Australia stock markets climb to record...

POPULAR NEWS
US consumer prices rise in June as tariff pass-through begins
Wednesday, 16 July 2025 01:35 WIB

U.S. consumer prices increased by the most in five months in June amid higher costs for some goods, suggesting tariffs were starting to have an...

European stocks erased early gains
Wednesday, 16 July 2025 01:49 WIB

European stocks erased early gains and closed mostly lower on Tuesday as markets continued to assess how potential tariffs from the US may hurt...

Investors seek protection from risk of Fed chief's ouster
Tuesday, 15 July 2025 23:28 WIB

President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against...

US Annual Core Inflation Below Forecasts
Tuesday, 15 July 2025 19:46 WIB

The annual core consumer price inflation rate in the United States, which excludes volatile items like food and energy, ticked up to 2.9% in June...