Europe rallies after the ‘good’ phone call
From Yahoo Finance: 2025-05-26 00:35:00
European markets tumbled when Trump announced 50% tariffs on EU imports. Tariffs delayed after call between Trump and European Commission President. Markets recover, but sentiment remains shaky due to Trump’s unpredictability. Investors exiting chaos, favoring European equity over U.S. Funds. Quiet trading expected due to market holidays in the U.S. and Britain. Key data releases this week include Fed’s inflation metric and euro zone consumer prices data. ECB President and company shareholder meetings to watch on Monday. French government debt auctions to reopen. Stay informed with daily news digest on global trade, Tariff Watch.
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