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LIVE MARKETS-Europe before the bell: stocks head for uplift despite tariff anxiety

ReutersMar 24, 2025 7:58 AM

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EUROPE BEFORE THE BELL: STOCKS HEAD FOR UPLIFT DESPITE TARIFF ANXIETY

European stocks are up ahead of Monday's open, ahead of a busy week for data while traders eye the looming U.S. tariffs deadline on April 2.

EuroSTOXX50 STXEc1 and DAX futures FDXc1 are 0.6% higher while FTSE futures FFIc1 are up 0.3%.

Last week, the White House said President Donald Trump still intends for new reciprocal tariff rates to take effect on April 2, keeping the mood in markets anxious until then, but reports and remarks from officials are giving traders some hope that the final measures won't be at the most extreme end of the spectrum, boosting markets on Monday. MKTS/GLOB

Euro Zone PMIs are out shortly, with Citi economists saying they will give a read on how well real corporates - rather than financial analysts - have received the German fiscal package.

Looking ahead, Britain's finance minister Rachel Reeves will deliver a budget update on Wednesday, saying on Sunday that she the country will stick to its fiscal rules despite global upheaval.

Klarna's upcoming U.S. initial public offering could help unlock a pipeline of British fintech flotations after a barren period for new technology listings, investors, lawyers and an executive told Reuters.

Activist investor Elliott [RIC:RIC:ECAL.UL] has disclosed a stake of close to 5% in RWE RWEG.DE. Vivendi VIV.PA on Friday said it has reduced its ownership in Telecom Italia (TIM) to 18.4% from 23.8%.

UK inflation data is also due Wednesday, while U.S. PCE inflation numbers, the Fed's preferred gauge, are due Friday.

(Lucy Raitano)

FOR MONDAY'S OTHER LIVE MARKETS POSTS:

IN GOOD SPIRITS AFTER HINTS OF TARIFF RETREAT CLICK HERE

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