PARIS (Reuters) – The main European scholarships are expected on low increase or downward variations on Friday at the opening, investors awaiting a salvo of economic indicators against the backdrop of concern about a world trade war.

According to the first indications available, the Parisian CAC 40 could lose 0.11% at the opening.

The term contracts report a drop of 0.09% for the Dax in Frankfurt against an increase of 0.05% for the FTSE in London and a fall of 0.13% for the Stoxx 600.

Investors must digest a salvo of indicators on Friday while fears settled in the consequences on global growth and the inflation of a world trade war.

Many indicators are thus expected before the opening of the session or at the start of the session on the old continent, with in particular growth in the fourth quarter of 2024 in the United Kingdom, consumer prices in France, the unemployment rate in Germany or even economic feeling in the euro zone.

But it is especially the PCE inflation in the United States, planned at 12:30 p.m. GMT, that investors will scrutinize and which could help degrade the feeling in the American markets, especially if the price dynamics are more resistant than hoped by consensus.

The fears concerning a potential world trade war increased on Thursday and continue to weigh on the feeling on Friday, Donald Trump having rekindled concerns with customs rights against the automotive sector, to which many governments have threatened to retaliate.

Donald Trump’s real intentions remain unclear while the date of April 2 approaches, nicknamed “the day of the Liberation” by the American president.

The values ​​to follow:

Société Général announced on Friday the appointment of Alexis Kohler, secretary general of the Elysée, as deputy director general of the group which he joined in June 2025.

A Wall Street

The New York Stock Exchange ended up on Thursday, investors feared the effects of the announcements made Wednesday evening by Donald Trump on the new customs duties which he intends to establish in early April on automotive imports.

The Dow Jones index sold 0.37%, or 155.09 points, to 42,299.70 points.

The larger Standard & Poor’s 500 lost 18.89 points, or 0.33% to 5,693.31 points.

The Nasdaq Composite fell on its side of 94.98 points, or 0.53% to 17,804.033 points.

General Motors finished down more than 7% and Ford finished decreasing 3.9% while car suppliers also experienced a difficult session, like Aptiv and Borgwarner who each lost around 5%.

In Asia

The Tokyo Stock Exchange has closed sharply following concern about car manufacturers and the entire sector with the customs duties that Donald Trump wants to impose.

The Tokyo Stock Exchange finished down 1.8%.

The potential consequences of the trade war that settles also on the markets in China and Hong Kong.

The Hong Kong Hang Seng index declines 0.97%, the SSE Composite of Shanghai fell by 0.56%, the CSI 300 decreases by 0.35%.

RATE

American yields are downwards before inflation figures.

The ten -year -old Treasury yield declines from 2.7 pb to 4.3419%, while the two -year title yield abandons 0.6 pb to 3.992%.

Changes

The dollar is relatively stable on Friday and heads for a quarterly loss against the backdrop of concern about global growth with the trade war.

The dollar is stable against a basket of reference currencies, the euro crosses 0.13% to 1.0787 dollars, and the pound sterling loses 0.05% to 1.2938 dollars.

In Asia, the yen fell 0.2% to 150.75 yen for a dollar, the Australian dollar yields 0.25% to 0.6287 dollars.

OIL

Oil prices are down down on Friday but are heading for their third consecutive winning week due to fears weighing on global supply.

Brent fell 0.23% to $ 73.86 a barrel, the American light crude (West Texas Intermediate, WTI) weakens 0.21% to 69.77 dollars.

Main economic indicators at the March 28 agenda:

Pays GMT indicator previous consensus period

GB 07h00 retail sales February -0.4% +1.7%

– over one year +0.5% +1.0%

GB 07h00 GDP T4 +0.1% +0.1%

– over one year +1.4% +1.4%

From 07:00 am feeling of consumer GFK April -22.7 -24.7

Fr 07:45 am expenses of February consumption +0.3% -0.5%

Fr 07:45 am consumer price ipch March +0.4% +0.1%

– over one year +1.1% +0.9%

Fr 07:45 am production price February ND +0.7%

– Over one year ND -2.1%

07:55 am unemployment rate March 6.2% 6.2%

Ez 10:00 am Economic feeling March 97.0 96.3

February household income +0.4% +0.9%

Consumer expenses ND -0.5%

USA 12:30 p.m. Inflation PCE February +0.3% +0.3%

– over one year +2.5% +2.5%

USA 2:00 p.m. feeling indicator of March 57.9 57.9*

The University of Michigan

(final)

*First estimate

(Written by Bertrand de Meyer, edited by Kate Entringer)

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