Volvo (VOLVB SS) CEO says if tariffs do not change and policy stays the same, then market improvements can hopefully be seen in North America towards the end of the year
Volvo's CEO suggests that stability in tariffs and policy could lead to market improvements in North America by year-end.
Maersk (MAERSKB DC) announces a stoppage in operations in the West Mediterranean terminals, adding that there's no clear sign on when operations are to resume
ECB's Villeroy says the ECB are closely monitoring the euro and its effect on inflation, adds there is no target for the euro exchange rate
Volvo (VOLVB SS) CEO says if tariffs do not change and policy stays the same, then market improvements can hopefully be seen in North America towards the end of the year
UMC (2303 TT / UMC) FY25 (TWD): Revenue 237.6bln (exp. 235.6bln), Net 41.7bln (exp. 42.1bln)
EU's Defence Commissioner says Europe must quickly build their defence independently
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This signals a cautious optimism regarding their business outlook, which could impact investor sentiment and sector performance in automotive and related industries. Watch for how this may influence Volvo's stock and potentially draw attention from peers in the same market.
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