Around 09:10 in Lisbon, the EuroStoxx 600 fell 0.08% to 543.22 points.
The stock exchanges in Paris and Frankfurt rose by 0.16% and 0.06%, respectively, while those in Madrid and Milan both increased by 0.03%. London, however, declined by 0.10%.
The Lisbon stock exchange maintained its opening trend, with its main index, the PSI, decreasing by 0.75% to 7,467.24 points at 09:10, compared to the new high since May 6, 2014, of 7,545.86 points reached on June 16.
Markets are awaiting potential trade agreements between the United States and several countries following developments with Japan and India and Canada revoking its digital services tax to expedite the pact.
This week, Wall Street will operate at a reduced pace, opening for half a session on Thursday and closing on Friday due to the Independence Day holiday.
The U.S. has set July 9 as the deadline to reach agreements on tariffs with the countries impacted by these measures, with China’s deadline set for August 12.
Today, investors will pay close attention to Italian and German inflation data and the United Kingdom’s Gross Domestic Product (GDP).
In addition, a central bankers’ meeting is taking place today in the Portuguese town of Sintra, following which statements are expected from European Central Bank (ECB) President Christine Lagarde and U.S. Federal Reserve (Fed) Chairman Jerome Powell.
Canadian Prime Minister Mark Carney stated on Sunday that his country resumed trade negotiations with the United States after reversing its intention to impose new taxes on large U.S. tech companies, which had led President Donald Trump to halt talks on Friday.
Wall Street futures indicate gains of 0.58% for the Dow Jones Industrials, 0.35% for the S&P 500, and 0.50% for the Nasdaq, following the S&P 500 and Nasdaq closing at record highs on Friday despite Trump’s announcement to immediately halt trade negotiations with Canada.
The Dow Jones closed rising by 1% to 43,819.27 points, contrasting with the all-time high since the index was created in 1896, of 45,014.04 points, on December 4, 2024.
The Nasdaq, which features high-tech stocks, closed up 0.52% to 20,273.46 points, a new all-time high.
In Asia, Tokyo’s Nikkei index closed up 0.80%, Shanghai’s benchmark index rose 0.59%, and Shenzhen’s increased 0.83%, while Hong Kong’s Hang Seng fell 0.39% shortly before closing.
In the commodities market, awaiting the new OPEC+ meeting scheduled for next Sunday, which is expected to result in another monthly increase in line with recent meetings, there was a decline of 0.31%.
Brent, the crude oil benchmark in Europe for August delivery, is rising to $67.77, up from $67.73 on Friday.
West Texas Intermediate, the U.S. benchmark, is up 0.53% to $65.17 before the official market opening.
The price of gold per troy ounce, a safe-haven asset, rose to $3,293.95, compared to $3,274.33 on Friday and $3,432.34 on June 13, a new all-time high.
The 10-year German bond yields fell to 2.575% from 2.590% in the previous session, while the euro rose to $1.1735 in the Frankfurt currency exchange market, a new high since September 23, 2021.
