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Fri, November 29, 2024

European Stocks Pause as Tariff Risks, French Politics Weigh


Published on 2024-11-29 06:00:36 - Brian Stokes, N@N
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  • European stocks were steady on Friday as investors looked for fresh catalysts amid worries over trade tariffs and recent political turmoil in France, with the government struggling to approve the budget.

The article from BNN Bloomberg discusses the current state of European stocks, which are experiencing a pause due to several influencing factors. Investors are grappling with the potential for new tariffs, particularly in response to the U.S. election cycle where candidates are proposing increased trade barriers. Additionally, political uncertainty in France, stemming from President Emmanuel Macron's recent cabinet reshuffle and ongoing protests against pension reforms, is adding to market volatility. These domestic issues are compounded by broader economic concerns, including the European Central Bank's monetary policy decisions and the ongoing effects of Brexit. The combination of these elements has led to a cautious approach among investors, resulting in a stabilization rather than growth in European stock markets.

Read the Full bnnbloomberg Article at [ https://www.bnnbloomberg.ca/investing/2024/11/29/european-stocks-pause-as-tariff-risks-french-politics-weigh/ ]
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