European markets mixed as banking stocks turn cautious; Sterling, euro slip on strong dollar
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 02 2025
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Source: CNBC
European Market Trends: European markets showed slight gains after a mixed start to 2025, with oil and gas stocks leading the rise while banking and auto sectors faced losses amid economic uncertainty and potential tariffs under the incoming U.S. administration.
Economic Indicators: Manufacturing activity declined in Germany and France, indicating ongoing challenges for the euro zone's largest economies, while U.K. house prices saw an increase, reflecting strong market activity despite currency depreciation against the dollar.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
