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13/08/2025 03:17 AST
European shares rose on Tuesday, with a U.S.-China tariff truce extension aiding sentiment, while investors awaited U.S. inflation data to gauge the impact of tariffs on price pressures and monetary policy path.
The pan-European STOXX 600 index was up 0.4%, as of 0710 GMT, with most regional bourses trading in the green.
Washington and Beijing extended a tariff truce by 90 days, staving off triple-digit duties until November 10, with all other elements of the truce to stay in place, and setting the groundwork for a meeting between U.S. President Donald Trump and Chinese President Xi Jinping later this year.
Meanwhile, Trump said both Kyiv and Moscow will have to cede land to end the war ahead of his summit with Russian President Vladimir Putin on Friday.
Among individual stocks, UBS fell 0.9% after an investor sold the Swiss wealth manager's shares.
Sartorius rose 3.6% after Jefferies upgraded the pharmaceutical equipment supplier's rating to "Buy" from "Hold".
Vestas Wind Systems jumped 3.5% after receiving orders in the U.S. for undisclosed projects.
Spirax Group was the top gainer on the index, surging 16%, after the company's first-half results beat expectations.
Reuters
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
15/08/2025
Bitcoin hit a record high on Thursday during early Asian trading, surpassing $124,000, driven by favorable US legislation and a rise in US equities. The cryptocurrency rose above its previous July re
AFP
15/08/2025
A jump in U.S. wholesale prices last month looks to have all but erased the possibility that the Federal Reserve will deliver a jumbo-sized half-percentage-point interest rate cut in September, thoug
Reuters
15/08/2025
Stocks in Asia made an uneven recovery as traders assessed the policy options facing the world's central banks, after an unexpected spike in producer price data in the US renewed inflation concerns.
Reuters
14/08/2025
Asian markets rose Wednesday on growing hopes of US interest rate cuts after soft inflation data, with Japan's Nikkei hitting a second record high in as many days.
In Tokyo, the Nikkei 225 c
AFP
13/08/2025
The US and China on Monday extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as US retailers get ready to ramp up inventories ahead of the critical en
Reuters
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