By Pauline Foret

(Reuters) – European scholarships ended up on Friday, hoped by the hoping of an lull in trade tensions that have turned upside down in recent weeks.

In Paris, the CAC 40 ended on an increase of 0.64% to 7,743.75 points. In Frankfurt, the Dax closed on a 0.59% gain and in London, the FTSE 100 took 0.27%.

The Eurostoxx 50 index increased by 0.39%, the FTSEUROFirst 300 of 0.35%and the Stoxx 600 of 0.44%.

The global markets flirt with levels close to those they displayed before the imposition of “reciprocal” customs duties at the beginning of April, carried out by the hope of a appeasement of trade tensions which forced many companies to withdraw, or even lower, their annual forecasts.

After the announcement of the agreement between the United Kingdom and the United States, which provides for the maintenance of “basic” customs duties of 10% but several exceptions to the rule, investors are waiting for advances with other trade partners in Washington, including China.

American and Chinese representatives must meet on Saturday in Geneva, Switzerland, which could mark the starting point for commercial negotiations between the two countries.

According to two sources in Reuters, India has offered to reduce its tariff gap with the United States to 4% against almost 13% in exchange for an exemption from current and potential “customs of customs rights on the part of Donald Trump.

Over the week, CAC 40 abandoned 0.36%, while the Stoxx 600 won 0.24%.

VALUES

At the values, Commerzbank took 3.85% after exceeding expectations in the first quarter with a net profit up almost 12%.

EDP ​​increased by 3.66%, the largest public service company in Portugal having reported on a 21% increase in net profit on Friday in the first quarter.

Sonova climbed 3.7% after anticipating an increase in sales and profitability for its 2025/2025 fiscal year.

A Wall Street

Across the Atlantic, the main clues have erased their gains and evolve in the red after Donald Trump’s last comments on Saturday negotiations with China.

At the end of the closing in Europe, the Dow Jones gave way 0.22%, the S&P 500 0.04%and the NASDAQ 0.01%.

On the values ​​side, Lyft takes 21.12% after increasing its share buyback program to $ 750 million and exceeded the expectations in terms of profit in the first quarter, citing the solidity of demand for its services.

Trade Desk takes 21.34% after reporting a turnover and profit above expectations, brought by the request for automated advertising purchasing technologies.

The indicators of the day

China exports progressed more than expected in April and imports fell less than expected, show the data published on Friday by Chinese customs.

Changes

The dollar is falling but is still on the way to sign a weekly increase, the hopes of a breakthrough during the Sino-American negotiations prevailing on the skepticism caused by Donald Trump’s latest comments.

The greenback loses 0.34% against a basket of reference currencies.

The euro earns 0.35% to 1.1266 dollars.

RATE

The yields of the German Bund stabilize after having experienced a sharp rise at the start of the session while many investors turned their back on the “refuge” assets, galvanized by the possibility of an lull of trade tensions.

The yield of the German Bund at ten years advances from 0.2 pb to 2.5550%, as is that of the two years which was 1.7910%.

Across the Atlantic, bond yields are decreasing after a busy week marked, in particular, by the Fed decision to keep its current rates.

The yield of ten -year -old Treasuries fell from 1.0 pb to 4.3628%, and two years from 3.1 pb to 3.8639%.

OIL

Oil prices are on the way to sign a weekly increase thanks to the hopes of appeasement of trade tensions between China and the United States, the two largest oil consumers in the world.

Brent gained 1.37% to 63.69 dollars per barrel and light American crude (West Texas Intermediate, WTI) 1.42% at 60.76 dollars.

To follow the week of May 12:

See also:

(Written by Pauline Foret, edited by Blandine Hénault)

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