[MARKET ANALYSIS] European bourses outpace their US peers, awaiting an update from the US and/or Iran
Newsquawk StaffPublished On the live feed at — 6 more headlines followed before this page went public
Newsquawk headlinesUTC
Mercedes-Benz (MBG GY) is in talks to sell its Ludwigsfelde van plant to KNDS, Handelsblatt reports
[MARKET ANALYSIS] Crude futures give back some recent gains as Trump delays Iran attack
[MARKET ANALYSIS] European bourses outpace their US peers, awaiting an update from the US and/or Iran
SoftBank (9984 JT) launches its USD 40bln bridge loan into a broader syndication, Bloomberg reports
UK Labour Productivity QoQ (Q1) Q/Q 0.4% (Prev. -0.6%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Free. No signup, no card.
- European bourses (STOXX 600 +0.7%) start Tuesday’s trade on the front foot, seemingly benefiting from Trump’s de-escalatory post. Trump announced that the US military is to hold off on the Iran attack that was initially planned for Tuesday after Saudi Arabia, UAE, and Qatar requested him to do so, as serious talks are now taking place. However, he stated that they will be prepared to strike on a moment’s notice. The DAX (+1.5%) is the clear outperformer, while the FTSE MIB (+0.2%) lags.
- Sectors highlight the positive bias. Media tops the sector pile, seemingly benefiting from continued upside in Publicis. Financial Services and Industrial Goods & Services round out the top 3 sectors. At the bottom of the pile lies Basic Resources (as precious metals pare Monday’s gains) and Chemicals.
- Plenty of single-stock movers for a Tuesday: Currys (+11.1%), raises its FY adj. profit guidance; Evolution (+9.9%), announces a EUR 2bln share buyback programme; Diploma (+4.0%), raises its 2026 organic revenue growth guidance; Crest Nicholson (-2.0%), delayed HY results; Standard Chartered (-0.6%), plans to cut 15% of support staff by 2030; Vallourec (-7.1%), after ArcelorMittal sells 23.9mln shares at a price of EUR 24/shr (10% below Monday’s closing price).
- US equity futures print modest declines, ES -0.1%. Despite today's modest fixed bid, yields remain elevated and continue to weigh on the tech-heavy NQ (-0.3%). Despite the relative underperformance vs Europe, analysts see this as short-term due to Europe’s lack of IT sector, which has held the region back compared to South Korea and the US.
Related headlines
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 8 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks5 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging5 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates1 hour ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL10 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs6 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies8 hours ago
- US President Trump reiterates that Iran will never have a nuclear weapon; says blockade against Iran has been effective14 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes2 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week2 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20304 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war1 hour ago
- US Secretary of State Rubio hoping to wrap up solid trade deals with Colombia, Ecuador, and Peru during visits13 hours ago
- Canada's Trade Minister says Canada is negotiating with Poland to sell nuclear energy tech and LNG14 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)3 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)4 hours ago
- NY Fed SCE (Aug): Inflation expectations: One-year 3.6% (prev. 3.6%), 3-year 3.2% (prev. 3.3%), 5-year 3% (prev. 3%). 13 hours ago
- [PREVIEW]: ECB Policy Announcement due on 10th September 202614 hours ago
- Flights reportedly suspended at Jeddah airport, Saudi Arabia, according to Iranian media 12 hours ago
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd7 hours ago
The whole workspace, free to try.
Try it free