Here are the opening calls<\/p>\n
The Millennium Bridge in London, on July 4, 2025.<\/p>\n
Jonathan Brady – Pa Images | Pa Images | Getty Images<\/p>\n
Good morning from London, and welcome to CNBC’s live blog covering all the action and business news in European financial markets on Thursday.<\/p>\n
Futures data from IG suggest a positive open for European indexes as hopes of a U.S.-EU trade deal rise, with London’s\u00a0FTSE 100<\/a> seen opening 0.4% higher, France’s CAC 40<\/a> up 1.3%, Germany’s\u00a0DAX<\/a> up 1.1%, and Italy’s\u00a0FTSE MIB<\/a> 1.24% higher.<\/p>\n European markets rose Wednesday amid hopes that the U.S. and European Union could be closing in on a trade deal. Regional stocks jumped yesterday after the Financial Times reported that the two large trading partners were\u00a0closing in on a 15% tariff deal<\/a>.<\/p>\n Optimism that a deal was close rose after President Donald Trump announced that he had completed a “massive Deal<\/a>” with Japan, and hinted that Europe could be next<\/a>.<\/p>\n “We have Europe coming in tomorrow, and the next day, we have some other ones coming in,” Trump said late on Tuesday, without specifying details.<\/p>\n \u2014 Holly Ellyatt<\/p>\n ECB decision and a raft of earnings ahead<\/p>\n Flags for the European Union members stand during a ceremony to lay a cornerstone for the new European Central Bank (ECB) headquarters in Frankfurt, Germany.<\/p>\n Hannelore Foerster | Bloomberg | Getty Images<\/p>\n It’s a busy day for central banks and corporates on Thursday.<\/p>\n The European Central Bank is widely expected to keep interest rates unchanged as it gauges the trade tariff landscape.<\/p>\n On the earnings front, reports are set to come from BNP<\/a>, Roche, Nokia, Nestle, Lloyds Banking Group, BT Group, Reckitt Benckiser Group, ITV, Wizz Air<\/a>, TotalEnergies<\/a>, Vodafone<\/a>, Centrica, Michelin, Dassault Systemes<\/a>, ST Micro, Carrefour<\/a>, Deutsche Bank<\/a>, Deutsche Boerse<\/a>, LVMH and more.<\/p>\n On the data front, flash European purchasing managers’ index data and Germany’s GfK consumer confidence figures are due.<\/p>\n \u2014 Holly Ellyatt<\/p>\n","protected":false},"excerpt":{"rendered":"Here are the opening calls The Millennium Bridge in London, on July 4, 2025. Jonathan Brady – Pa…\n","protected":false},"author":2,"featured_media":287109,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[5189,3085,2000,299,5187,1699,5191],"class_list":{"0":"post-287108","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-breaking-news-europe","9":"tag-business-news","10":"tag-eu","11":"tag-europe","12":"tag-european","13":"tag-european-union","14":"tag-stoxx-600"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114906566954063208","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/287108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=287108"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/287108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/287109"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=287108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=287108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=287108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}