European stocks just higher; Trump’s inauguration in focus By Investing.com

From Investing.com: 2025-01-20 03:11:40

European stock markets saw slight gains ahead of Trump’s inauguration, with Germany up 0.1%, France up 0.3%, and the UK up 0.1%. Trump is set to declare a national emergency with new powers, sign executive orders, and possibly increase trade tariffs. World Economic Forum in Davos to discuss economic growth.

German PPI rose 0.8% in December, below expectations. The ECB has cut interest rates four times and may continue to do so. China keeps benchmark rates unchanged, awaiting clarity on Trump’s trade plans. Little major earnings reports in Europe, with US banks reporting higher profits last week.

Oil prices slipped before Trump’s inauguration, with WTI at $77.33 a barrel and Brent at $80.68 a barrel. Trump expected to make policy announcements immediately, potentially relaxing curbs on Russia’s energy sector. Oil prices up 10% this month amid concerns about Russian crude sanctions.



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