From Morningstar: 2025-04-17 12:33:00

European equity markets weakened ahead of Easter break due to tariff concerns. ECB cut key deposit rate to 2.25% amid deteriorating growth forecasts linked to trade war. Stoxx Europe 600 and Morningstar Europe Index closed lower, with technology and healthcare sectors hit. Asian stocks rose, with Nikkei up 1.35% on tariff deal hopes. US Treasury yields stable, Eurozone bond yields slightly fell. Euro remains high against dollar, gold rally paused, bitcoin down 0.3%. President Trump criticized Fed Chair Powell for not cutting rates like ECB.



Read more at Morningstar: European Markets Dip as ECB Cuts Rates