Mid-week, ahead of the summit between US President Donald Trump and his Chinese counterpart Xi Jinping, US Treasury Secretary Scott Bessent is meeting with Chinese Vice Premier He Lifeng in South Korea for trade talks. The agenda is expected to cover the recently less aggressive US tariff policy toward China, as well as an extension of the agreement on rare earths. During the meeting between Trump and Xi, commitments from China to purchase Boeing aircraft and US agricultural products are also anticipated.
On the corporate front, more groups are releasing their financial results. Investors are looking, among others, at the annual reports from Siemens, E.ON, RWE, TUI, and Deutsche Telekom. Regarding economic data, the focus will be on first-quarter labor market and GDP figures for the Eurozone, as well as European industrial production for March.
Closing prices of European Level
equity indices and
futures on Tuesday
Dax 23,954.93
EuroStoxx50 5,808.45
EuroStoxx50 Future 5,801.00
----------
Closing prices of Level Change in
US indices on Tuesday Percent
Dow Jones 49,760.56 +0.1%
Nasdaq
S&P 500 7,400.96 -0.2%
----------
Asian indices on Prices at 07:00 Change in
Wednesday CET Percent
Nikkei 63,241.62 +0.8%
Shanghai 4,218.22 +0.1%
Hang Seng 26,416.98 +0.3%
(Report by Sanne Schimanski. Edited by Hans Busemann. For inquiries, please contact our editorial office at berlin.newsroom@thomsonreuters.com (for politics and economics) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)
