After a week weighed down by combative headlines and renewed friction between global powers, European equity markets have shown an early sign of recalibration.
The catalyst came from a discernible shift in tone. Remarks from the US administration suggested a softening stance on China, framing the situation less as confrontation and more as recalibration.
In early trading, broad European indices moved higher. The FTSE 100 advanced modestly, with energy and consumer staples offering stability, while financials appeared more hesitant. The DAX and CAC 40 also found footing, aided by select industrials and exporters that had borne the brunt of the previous week’s anxiety.
In the healthcare space, select names moved sharply on developments tied to supply chain incentives and regulatory cooperation. In the industrial technology segment, acquisition activity introduced fresh momentum, reinforcing the notion that scale and specialisation remain attractive in any macro environment. There were also moves in the defence sector, hinting at the broader reach of geopolitical realignment beyond tariffs or treaties.
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