Open account

European stocks slip as tariff concerns weigh on sentiment

European equities slipped as tariff concerns and weak services data weighed on market sentiment. Major benchmarks across the region fell modestly — UKX down 0.33%, DAX down 0.30% and CAC down 0.53% — after reports showed France’s service economy contracting at the sharpest pace in five-and-a-half years and euro-area activity cooling. The combination of trade worries and softer activity data put pressure on risk assets across Europe and supported a cautious, risk-off tone among investors headed into the session.

Category

Euro 50

Sentiment

Bearish

Event

Price movement

Reading time

1 min