January 9, 2025

European markets are expected to pull back when trading begins on Friday as global stock markets get off to a bad start in 2025.

Britain’s FTSE 100 index is expected to fall about 8 points to 8,243 points, Germany’s DAX index is expected to fall 5 points to 19,988 points, and France’s CAC 40 index is expected to fall 21 points to 7,369 points. Italian FTSE MIB It was last expected to fall 107 points to 34,430 points.

The pan-European STOXX 600 index ended higher on Thursday after a volatile first trading day of the year.

Investors weighed regional and global political uncertainties that could impact markets and economies, including political instability in France, upcoming elections in Germany and potential tariffs under U.S. President-elect Donald Trump.

On the European data front on Friday, investors will be eyeing the latest inflation data from Turkey and Poland, as well as unemployment reports from Germany and Spain and mortgage data from the UK.

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