European shares, euro surge after report of more targeted US tariffs

Quick Summary:

LONDON :European stocks and currencies rallied sharply on Monday after the Washington Post reported U.S.tariffs might be less aggressive than President-elect Donald Trump has previously threatened, injecting optimism into regional markets.

"We start the new trading week, and new trading year, with stocks having enjoyed a strong Friday rally, where both the S&P 500 and Nasdaq 100 erased all of the declines seen a day prior.

The euro rallied as much as 1.2 per cent, while European stocks got a lift, as auto shares in particular bounced.The STOXX 600 was up 0.8 per cent, around session highs.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeGermanyJapanUnited States

Topics: Markets Tariffs 2025 Dollar Week 2024 Stock Trading Index Cent Monday

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 20:26:36 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 761 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24917236

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 47 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 58 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions