European stocks expected mixed open, UK markets higher after holiday weekend, Asian markets mixed

From Nasdaq: 2025-05-27 01:30:00

European stocks are expected to open mixed, with U.K. markets likely to rise after a long holiday weekend. Asian markets traded mixed amid concerns over U.S. tariffs and fiscal deficit. China’s industrial profits rose in April despite trade tensions. China’s central bank has asked major lenders to increase the use of yuan in cross-border trade. Bank of Japan Governor hinted at more rate hikes if the economy improves. The dollar struggled as the U.S. Senate debated Trump’s tax-cut bill. Gold remained near a two-week high while oil slipped ahead of an OPEC+ meeting. U.S. markets were closed for Memorial Day, with European stocks ending higher after Trump’s tariff delay.



Read more at Nasdaq: European Shares Seen Broadly Lower; FTSE 100 Set For Higher Open