0741 GMT - The U.K.'s FTSE 100 is expected to open steady, outperforming Germany's DAX which is seen opening 0.2% lower, according to IG. Both indexes hit record highs Monday amid relief at reports that President Trump wouldn't immediately include punitive tariffs against Europe at his inauguration. Uncertainty remains, however, and stock markets are likely to remain volatile, CMC Markets' Jochen Stanzl says in a note. The potential for policies from Trump that target Germany and its auto industry remain a concern for investors. "Sooner or later, Trump will also target Germany. His own automotive industry is too important to him," he says. (jessica.fleetham@wsj.com)
(END) Dow Jones Newswires
January 21, 2025 02:41 ET (07:41 GMT)
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