January 8, 2025

European markets opened lower on Tuesday as investors in the region focused on the latest euro zone inflation data.

British FTSE 100 German stocks expected to open 40 points lower at 8,200 German DAX Index France fell 87 points to 20,123 CAC Down 33 points to 7,414, Italy FTSE MIB It fell 172 points to 34,696, according to IG data.

Traders will be keeping a close eye on preliminary Eurozone inflation data for December as well as the Eurozone unemployment rate for November.

Revenue will come from Next and Sodexo Data released on Tuesday will include Britain’s Halifax house price index, French and Italian inflation data and Italian unemployment data.

Inflation data released by Germany on Monday showed that the country’s consumer price index rose to a higher-than-expected 2.9% in December. Analysts polled by Reuters expected the figure to be 2.6%.

Regional markets traded higher earlier this week as investors assessed a media report suggesting that U.S. President-elect Donald Trump’s tariff plans may not be as extreme as feared.

this The Washington Post reported The Trump team is considering a plan to impose tariffs on all countries, but only on “critical imports,” although it did not specify. Trump later disputed the report in a speech truth society posts.

Asia-Pacific stocks rose on Tuesday, following gains in technology stocks on Wall Street on Monday. S&P 500 Index and Nasdaq Index Consecutive profits. However, U.S. stock futures fell on Tuesday morning.

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