by Mara Vilcu
(Reuters) – European scholarships ended up on Friday, while investors digest not only the many business results but also the signs indicating a possible de -escalation of trade tensions.
In Paris, the CAC 40 gained 0.45% to 7,536.26 points. In Frankfurt, the Dax advanced by 0.78% and in London, the FTSE 100 took 0.09%.
The Eurostoxx 50 index won 0.76%, the FTSEURofirst 300 took 0.38%and the Stoxx 600 advanced by 0.34%.
Over the week, the Stoxx 600 took 2.76% and the CAC 40 3.44%
Investors positively welcome any signal of de -escalation of global trade tensions, while the season of results of the first quarter of 2025 accelerated on Thursday.
The publication on Friday of an interview with American president Donald Trump to Time magazine, however, has cooled hopes. The tenant of the White House declared that his administration discussed with China to conclude an agreement on customs duties and that Chinese President Xi Jinping had called him, Beijing contesting the way in which the United States describes exchanges between the two countries.
“China and the United States do not lead any consultation or negotiations on customs duties. The United States must stop sowing confusion,” said a statement from the Chinese Foreign Ministry published by the China Embassy in the United States.
“Customs duties can lead to fluctuations in exchange rates, affect import prices and disrupt supply chains, and the impact on inflation is uncertain,” said Christine Lagarde, president of the European Central Bank, during the 51st meeting of the International Monetary and Financial Committee.
VALUES
Alten lost 15.54% after its results in the first quarter while Saint-Gobain and Michelin took 4.65% and 1.72% respectively, also after their financial accounts.
A Wall Street
At the time of the closing in Europe, exchanges on the New York Stock Exchange indicated a drop of 0.43% for the Dow Jones, an increase of 0.06% for Standard & Poor’s 500 and an increase of 0.37% for the Nasdaq Composite.
Alphabet increased by 1.93%, after its results in the first quarter, which appeased concerns about the profitability of group’s considerable investments in artificial intelligence.
Intel sold 7.63% after declaring that they are planning for the current quarter lower than Wall Street expectations.
T-Mobile dropped 11.03% after having recorded fewer subscribers to mobile telephony than expected in the first quarter.
The indicators of the day
Retail sales in Great Britain increased unexpectedly in March, at a monthly rate by 0.4%, according to data from the National Statistics Office (ONS) published on Friday.
The business climate in industry in France progressed in April compared to the previous month, according to the monthly conjuncture survey published on Friday by INSEE.
The morale of American households deteriorated less than expected in April, show the final results of the monthly survey of the University of Michigan published on Friday.
Changes
The dollar has been heading for its first week of earnings since mid-March after companies reported that China has exempted certain US imports from customs duties of 125%.
The dollar earns 0.20% against a basket of reference currencies.
The euro lost 0.14% to $ 1.1372.
RATE
American returns are down on Friday, after being stable during the day, investors evaluating various scenarios for the United States.
The yield of ten -year -old Treasuries fell from 2.7 base points to 4.2778%. The two -year -old loses 0.6 base point at 3.7848%.
The yield of the German Bund at ten years earns 3.1 base points at 2.4740%. The two -year -old takes 4.8 base points at 1.7370%.
OIL
Oil prices are rather stable on Friday after falling earlier in the day and should record a weekly loss due to the potential increase in OPEC+ production and uncertainty about customs duties between the United States and China.
The Brent advances 0.06% to 66.59 dollars per barrel and the American light crude (West Texas Intermediate, WTI) takes 0.05% to 62.82 dollars.
To be continued on April 28: [L8N3R30HR]
(Some data may accuse a slight offset)
(Written by Mara Vîlcu, edited by Kate Entringer)
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