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European markets move higher after punishing global sell-off
euronews (in English)
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08/04/2025
European markets move higher after punishing global sell-off
European markets rebound after Monday's punishing global sell-off despite tariff tensions continuing to weigh on investor sentiment.
READ MORE : http://www.euronews.com/2025/04/08/european-markets-open-higher-as-global-tariff-tensions-persist
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00:00
European equity markets had a calmer start on Tuesday, opening in the green after a four-day
00:07
losing streak. It follows a punishing trading session on Monday, recorded as the worst since
00:14
the COVID-19 pandemic in 2020. Investor sentiment still remained cautious, however, with US
00:22
President Donald Trump's global tariffs and uncertainty over his next moves weighing on
00:26
confidence. Asian markets also saw a rebound, although some analysts believe it may only
00:33
be temporary. Beijing has declared it will fight to the end in a trade war with the US
00:40
after Trump threatened to impose an additional 50% tariffs on all Chinese imports. Trump
00:46
confirmed that he has no plans to suspend the global tariffs. Meanwhile, Europe is working
00:52
on an agreement on a list of US goods to target in its response.
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