European measures increased from lower levels in 14 months on Tuesday (8), after four consecutive sessions of strong sales, although investors have continued to monitor the developments of the two countries’ reaction on a large scale from the United States.
The Stoxx 600 in Europe closed by 2.72 %, to 486.91 points, after it decreased more than 12 % in the last four sessions. In general, global measures have regained part of the lost land in recent days, even with investors concerned with a possible global recession resulting from the climbing of the trade war.
The European Commission has proposed 25 % of anti -fish on a series of American products on Monday, as the mass faces definitions on cars and minerals already in force, and a rate of 20 % on other products from Wednesday.
However, the mass reduces some initial proposals, for example, for example, the American Borbon whiskey from its list. The European Commission also submitted a “zero -zero” tariff agreement to Washington.
“We have moved from uncertainty to more certainty, and the market is trying to accurately.” Said Stephen Dover.
Although JP Morgan predicts the impact of 1.5 % on GDP growth (GDP) by the end of 2026 due to the trade war, the manager sees the euro area to avoid recession.
Dover said that European measures have continued attractive, with less expensive assessments regarding the roles of the United States and the possibility of stimulating German taxes could enhance growth.
Investors bought defensive measures, which strengthens the sector, which is among the best performance in Europe this year, an increase of 5.1 %.
Meanwhile, the bank’s shares, which have been overthrown, have increased in concerns about slowdown, by 2.3 % and insurance companies ’papers at 4.1 %.
- In London, the Financial Times index offers 2.71 % to 7,910.53 points.
- In Frankfurt, the DaxSumed index was 2.48 % to 20,280.26 points.
- In Paris, the CAC-40 index got 2.50 % to 7,100.42 points.
- In Milan, the FTSE/MIB index was estimated by 2.44 %, to 33,657.05 points.
- In Madrid, the IBEX-35 index scored above 2.37 % to 12,065.60 points.
- In Lisbon, the PSI20 index was evaluated by 2.80 %, to 6,437.75 points.
Entry of up to $ 12,000: What are the changes in Minha Casa, Minha Vida
