Stock Markets Show Signs of Recovery

On April 8, 2025, stock markets displayed a modest recovery following several days of decline. The Austrian benchmark index, ATX, saw an increase of 1.5% in early trading, while Germany's DAX index experienced a slight gain of 1.2%. The Eurozone's leading index, the Euro Stoxx 50, rose by 1% to reach 4,703 points, and the CAC 40 in Paris recorded a 1.26% increase.

Earlier, Asian markets also reflected a positive trend, with Japan's Nikkei index rebounding by approximately 6%, significantly outperforming other regional markets.

This recent market downturn was triggered by the announcement of new tariffs on imports from nearly all countries by the United States, announced last Wednesday. U.S. President Donald Trump intensified concerns on Monday by threatening further tariffs if China did not retract its counter-tariffs. He provided the Chinese government with a deadline until Tuesday at noon to respond. In retaliation, China's Ministry of Commerce indicated that if the U.S. persisted on this path, they would 'definitely accompany' the U.S. until the end.

Furthermore, the euro strengthened against the U.S. dollar on Tuesday morning, trading at 1.0989 USD after closing at 1.0930 USD the previous evening. The European Central Bank had set the reference rate on Monday at 1.0967 USD, down from 1.1057 USD on Friday. The dollar was valued at 0.9118 euros, compared to 0.944 euros previously.