EUROPEAN CLOSES: European Closes: Euro Stoxx 50 -0.66% at 5,931, Dax 40 -0.63% at 24,449, FTSE 100 -0.98% at 10,300, CAC 40 -0.29% at 8,238, FTSE MIB -1.77% at 45,813, IBEX 35 -1.97% at 17,746, PSI -1.16% at 8,779, SMI -0.39% at 13,464, AEX -0.52% at 985

The European market closes show a broadly negative session, with many major indices such as the FTSE 100 and DAX declining notably.

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Fitch says US ETR falls to 12.7% with tariff changes and shifting import flows

US sold 4-week bills at a high rate of 3.630%, B/C 2.85x; sold 8-week bills at a high rate of 3.630%, B/C 2.64x

EUROPEAN CLOSES: European Closes: Euro Stoxx 50 -0.66% at 5,931, Dax 40 -0.63% at 24,449, FTSE 100 -0.98% at 10,300, CAC 40 -0.29% at 8,238, FTSE MIB -1.77% at 45,813, IBEX 35 -1.97% at 17,746, PSI -1.16% at 8,779, SMI -0.39% at 13,464, AEX -0.52% at 985

ECB plans to unveil a standardized repo line framework next week aimed at enhancing the Euro’s global role.

Newmont (NEM) says all activities at Tanami site have been suspended; member of its workforce has died following incident at Tanami mine site in the Northern territory, Australia, on February 4th

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Context

This downturn reflects potential concerns over economic indicators or geopolitical tensions that may impact sentiment heading into the US session. Traders should monitor any follow-through movements, particularly in response to U.S. data releases later in the day, which could further influence market dynamics in Europe and beyond.

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