FTSE 100 Expected to Open Steady, Germany's DAX Seen Lower as Trump Takes the Reins -- Market Talk
Dow Jones
Jan 21, 2025
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)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.