Commercial War and First Figures on Financial Fairs



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In addition, a possible levy on European cars and auto parts by the United States is still higher than the market. Especially German automakers fear such a move, making their cars on the US market much more expensive. The EU has already threatened to introduce countervailing taxes of hundreds of billions of euros, which would leave Europe and the United States behind the scene of a limited trade dispute .

The biannual results campaign also begins cautiously this week. Dutch companies do not give an insight into the books yet, but some American companies do. The producer of soft drinks and snacks PepsiCo comes Tuesday with figures. Friday is the banking day on Wall Street. Citigroup, JPMorgan Chase and Wells Fargo come next with their results

Also in the macroeconomic field, things happen. There are inflation figures, figures on industrial production in the euro area and producer prices in the United States.

European stock markets ended Friday mainly with slight gains. The AEX index of Amsterdam ended up 0.2% at 553.62 points. The MidKap lost 0.2% to 760.65 points. The Paris, London and Frankfurt stock exchanges closed at 0.3%. In New York, the Dow Jones index gained 0.4% to 24,456.48 points. The broad S & P 500 gained 0.9% to 2759.82 points and the Nasdaq went from 1.3% to 7688.39 points.

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