by Mara Vilcu

(Reuters) – European scholarships finished in dispersed order on Friday, as is Wall Street at mid -session, in a context of caution after the latest inflation data and before the summit bringing together US President Donald Trump and his Russian counterpart Vladimir Putin in Alaska.

In Paris, CAC 40 won 0.67% at 7,923.45 points. In Frankfurt, the Dax lost 0.01% and in London, the FTSE 100 abandoned 0.42%.

The Eurostoxx 50 index won 0.28%, the FTSEUROFirst 300 lost 0.04%and the Stoxx 600 abandoned 0.02%.

Over the week, the Stoxx 600 took 1.22% and the CAC 40 won 2.33%.

This Friday, all eyes turn to the geopolitical front and Alaska, where Donald Trump and Vladimir Putin will meet around 7:30 p.m. GMT, in Anchorage, for the first time since 2018, as part of a highly anticipated summit intended to move towards a ceasefire in Ukraine.

A common press conference is scheduled for the end of the meeting.

“It is time to put an end to war and all the necessary measures must be taken by Russia. We count on America,” wrote Volodimir Zelensky on Telegram.

“The big question will of course be to know if, even in the event of a ceasefire, it will be sustainable,” said Guy Miller, chief market strategist at Zurich Insurance Group.

The tenant of the White House also declared on Friday that he would announce customs duties on imports of steel and semiconductors in the next two weeks.

On the economic data front, retail sales increased as expected in July, but the Consumer Confidence index of the University of Michigan has dropped more than expected, due to the increase in inflationary expectations.

In addition, import prices data have strengthened the fears of a resumption of inflation in the coming months, under the effect of customs duties, without, however, starting the expectations of a drop in Fed rates at the start of the school year.

“All data allows the Fed to maintain the option of a drop in rates in September,” said Art Hogan, market chief strategist at B Riley Wealth.

VALUES

The Danish jeweler Pandora fell by more than 18% after the publication of its quarterly results.

A Wall Street

At the end of the closing in Europe, exchanges at the New York Stock Exchange indicated an increase of 0.29% for the Dow Jones, but a drop of 0.17% for Standard & Poor’s 500 and 0.35% for the Nasdaq Composite.

Changes

The dollar drops on Friday at the end of a week rich in data, leaving the prospect of a drop in Fed interest rates in September, while investors are waiting to know more about Alaska discussions between Donald Trump and Vladimir Putin concerning Ukraine.

The dollar loses 0.50% against a basket of reference currencies.

The euro earns 0.56% to $ 1.1711.

RATE

The longer term American returns are increasing on Friday, while investors digest the latest inflation data and re -evaluate their bets on the cadence of the next drop in Fed rates.

Treasuries at ten years advances from 1.3 basic points (PB) to 4.3062%. The two years earns 0.3 pb at 3.7422%.

The yield of the German Bund at ten years advances from 7.0 pb to 2.7764% and the two years of 2.6 pb to 1.9709%.

OIL

Oil prices fall on Friday, investors awaiting discussions between US President Donald Trump and Russian leader Vladimir Putin, who, according to some, could lead to a relaxation of the sanctions imposed in Moscow in the context of the war in Ukraine.

Brent abandoned 0.69% to 66.38 dollars per barrel and American brut (West Texas Intermediate, WTI) fell 0.86% to $ 63.41.

(Written by Mara Vîlcu, edited by Augustin Turpin)

Copyright © 2025 Thomson Reuters