{"id":61549,"date":"2025-07-03T09:05:14","date_gmt":"2025-07-03T09:05:14","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/03\/european-shares-inch-higher-as-trade-tensions-ease-2\/"},"modified":"2025-07-03T09:05:14","modified_gmt":"2025-07-03T09:05:14","slug":"european-shares-inch-higher-as-trade-tensions-ease-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/03\/european-shares-inch-higher-as-trade-tensions-ease-2\/","title":{"rendered":"European Shares Inch Higher As Trade Tensions Ease"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks were slightly higher in cautious trade on Thursday in the leadup to U.S. jobs data due later in the day.<\/p>\n<p>Investor sentiment was underpinned by the announcement of a trade deal between the United States and Vietnam, and a decision by the Trump administration to ease export restrictions on China for chip design software and ethane. <\/p>\n<p>The pan European STOXX 600 edged up by 0.3 percent to 542.86 after rising 0.2 percent in the previous session amid a flurry of deals. <\/p>\n<p>The German DAX rose 0.2 percent, France&#8217;s CAC 40 inched up 0.1 percent and the U.K.&#8217;s FTSE 100 was up half a percent.<\/p>\n<p>U.K. bonds and the pound rose after British Prime Minister Keir Starmer backed Rachel Reeves to be Chancellor &#8220;into the next election and for many years after&#8221;.<\/p>\n<p>In corporate news, German wind turbine manufacturer Nordex SE jumped nearly 3 percent on bagging news deals in the U.K., Belgium and France.<\/p>\n<p>Novartis AG fell about 1 percent. The Swiss company said its drug Cosentyx failed in a late-stage study of patients suffering from inflammation in their blood vessels.<\/p>\n<p>British luxury retailer Watches of Switzerland slumped 6.5 percent after it warned of a margin hit from U.S. tariffs.<\/p>\n<p>Murray Income Trust advanced 1.5 percent after its board launched a surprise strategic review. <\/p>\n<p>3i Infrastructure added 1.6 percent after it reported fiscal Q1 total income in line with expectations. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Inch Higher As Trade Tensions Ease<\/a><br \/>\n<br \/>2025-07-03 09:05:14<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks were slightly higher in cautious trade on Thursday in the leadup to U.S. jobs data due later in the day. Investor sentiment was underpinned by the announcement of&#8230;<\/p>\n","protected":false},"author":2,"featured_media":61550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-61549","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=61549"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/61550"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=61549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=61549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=61549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}