FTSE 100, DAX, Stoxx 600, EU-Us Deal

It seems that the shares listed in Europe have opened less on Friday, as investors continue to assess the full range of the European Union’s commercial deal with America.

Futures associated with FTSE 100 were seen in London, circulating again, while those associated with German Dax were 0.3 % lower, and French CAC 40 decreased by 0.2 %.

Mid -road Trading session on ThursdayOfficials announced in -depth details of the deal concluded between Washington and Brussels late last month.

in The agreement was reached last monthThe European Union said it will spend $ 750 billion on US energy and invest at least $ 600 billion in the United States – in return, a blanket tariff for its goods was set by 15 % instead of the 30 % average that US President Donald Trump threatened.

and The update confirmed on Thursday these detailsAnd it revealed that the drugs exported from the European Union to the United States will see the tariffs covered by 15 %. This has reduced some concerns, as US President Donald Trump had previously threatened to slap the sector with tariffs of 250 %.

After the fading immediate reaction to the news, the Stoxx EuropE Pharmaceuticals and Biotechnology rose to the closing of about 0.6 % on Thursday.

Meanwhile, car stocks were closed in negative lands, as market participants’ reaction to the “police” nature of the low definitions of the sector was. Officials revealed on Thursday that European exports of the United States will not be reduced from the current levels until Brussels reduces its industrial duties.

Regarding economic data, European investors will monitor the printing of French business confidence, the numbers of German total products, and the update of consumer confidence in the United Kingdom in GFK, all of which were issued on Friday.