{"id":57859,"date":"2025-03-26T09:04:15","date_gmt":"2025-03-26T09:04:15","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/03\/26\/european-shares-mostly-lower-as-us-tariff-deadline-looms\/"},"modified":"2025-03-26T09:04:15","modified_gmt":"2025-03-26T09:04:15","slug":"european-shares-mostly-lower-as-us-tariff-deadline-looms","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/03\/26\/european-shares-mostly-lower-as-us-tariff-deadline-looms\/","title":{"rendered":"European Shares Mostly Lower As US Tariff Deadline Looms"},"content":{"rendered":"
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European stocks were mostly lower on Wednesday ahead of a looming deadline for implementing additional U.S. tariffs. <\/p>\n

U.K. stocks clung to marginal gains after official data showed U.K. consumer price inflation softened unexpectedly in February.<\/p>\n

The consumer price index logged an annual increase of 2.8 percent in February, following January’s 3.0 percent rise. Prices were forecast to climb again by 3.0 percent.<\/p>\n

The U.K. Chancellor of the Exchequer will deliver the Spring Statement in the House of Commons later today. <\/p>\n

Markets expect Chancellor Rachel Reeves to tighten the fiscal policy by GBP 10 billion. Reeves is likely to reduce spending plans instead of introducing new tax hikes.<\/p>\n

The Spring statement will be accompanied by the forecasts for the economy<\/span> and public finances. The Office for Budget Responsibilities is likely to downgrade its growth projections and lift its inflation outlook. <\/p>\n

The pan European STOXX 600 was down 0.2 percent at 551.38 after rising 0.7 percent in the previous session.<\/p>\n

The German DAX slipped 0.2 percent and France’s CAC 40 dipped 0.3 percent while the U.K.’s FTSE 100 was up 0.1 percent. <\/p>\n

Construction equipment manufacturer Wacker Neuson SE tumbled 3 percent after its revenue for 2024 fell 15.8 percent. <\/p>\n

Aroundtown, one of Germany’s largest listed landlords, lost 3 percent after the firm’s Funds From Operations I (FFO I) fell to \u20ac316 million, representing a 5 percent decline compared to the prior year.<\/p>\n

British developer Vistry plummeted 7.2 percent after reporting sharply lower profit for fiscal 2024.<\/p>\n

Oil & gas giant BP Plc rose half a percent and Shell added 1.2 percent as oil prices touched a three-week high. <\/p>\n<\/p>\n

Business News<\/p>\n<\/div>\n