{"id":39940,"date":"2025-05-21T11:35:31","date_gmt":"2025-05-21T11:35:31","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/21\/european-stocks-open-lower-ftse-down-0-2-cac-40-slips-0-3\/"},"modified":"2025-05-21T11:35:31","modified_gmt":"2025-05-21T11:35:31","slug":"european-stocks-open-lower-ftse-down-0-2-cac-40-slips-0-3","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/21\/european-stocks-open-lower-ftse-down-0-2-cac-40-slips-0-3\/","title":{"rendered":"European stocks open lower: FTSE down 0.2%, CAC 40 slips 0.3%"},"content":{"rendered":"<div><\/div>\n<p>European markets slipped on Wednesday as geopolitical tensions resurfaced and fresh inflation data from the UK cast doubt on the prospect of interest rate cuts.<\/p>\n<p>Germany\u2019s DAX declined 0.2%, France\u2019s CAC 40 fell 0.3%, and the UK\u2019s FTSE 100 lost 0.17% in early trade.<\/p>\n<p>Sentiment was hit after US President Donald Trump\u2019s latest attempt to mediate the war in Ukraine failed to yield any progress. <\/p>\n<p>In a two-hour phone call with Russian President Vladimir Putin on Tuesday, Trump abandoned his earlier demand for a 30-day unconditional ceasefire\u2014an approach that had been supported by Ukraine as a starting point for peace talks.<\/p>\n<p>German Defence Minister Boris Pistorius criticized the shift, saying, \u201cPutin is clearly playing for time. Unfortunately, we have to say Putin is not really interested in peace.\u201d <\/p>\n<p>The setback in diplomatic efforts adds further strain to Kyiv, especially following Trump\u2019s public rift with Ukrainian President Volodymyr Zelenskiy earlier this year.<\/p>\n<p>Meanwhile, in economic developments, the UK reported a sharp jump in inflation. <\/p>\n<p>April\u2019s consumer price index rose 3.5% year-on-year, up from 2.6% in March, marking the highest level since January 2024. <\/p>\n<p>The <a href=\"https:\/\/invezz.com\/news\/2025\/05\/21\/uk-inflation-climbs-to-higher-than-expected-3-5-in-april\/\">acceleration in inflation, driven by wage pressures and persistent<\/a> service-sector costs, may complicate the Bank of England\u2019s path to easing.<\/p>\n<p>Markets had been pricing in the potential for two rate cuts by year-end, but Wednesday\u2019s data now makes even one cut appear uncertain.<\/p>\n<p>The inflation surprise, coupled with ongoing geopolitical uncertainty, weighed on risk appetite and added to the cautious tone across European equity markets.<\/p>\n<h2 class=\"wp-block-heading\">Asia markets open mostly higher<\/h2>\n<p>Asia-Pacific markets were mostly higher on Wednesday, shrugging off Wall Street\u2019s first loss in seven sessions.<\/p>\n<p>Japan\u2019s Nikkei 225 slipped 0.23% after official data showed exports declined for the second consecutive month, underscoring the impact of US President Donald Trump\u2019s broad tariffs on Japanese trade.<\/p>\n<p>South Korea\u2019s Kospi rose 0.58%, and the tech-heavy Kosdaq outperformed with a 0.95% gain.<\/p>\n<p>Australia\u2019s S&amp;P\/ASX 200 advanced 0.43%, lifted by strength in energy and financial stocks.<\/p>\n<p>Hong Kong\u2019s Hang Seng Index opened 0.45% higher, while mainland China\u2019s CSI 300 was little changed in early trade.<\/p>\n<h2 class=\"wp-block-heading\">US stocks on Tuesday<\/h2>\n<p>US stocks slipped on Tuesday as investors paused to reassess recent gains, with all three major indexes ending in the red despite paring intraday losses.<\/p>\n<p>The Dow Jones Industrial Average lost 114.83 points, or 0.3%, closing at 42,677.24. The Nasdaq Composite dropped 72.75 points, or 0.4%, to 19,142.71, while the S&amp;P 500 declined 23.14 points, or 0.4%, to settle at 5,940.46.<\/p>\n<p>Tuesday\u2019s modest pullback followed a solid stretch of gains for equities, with the Nasdaq and S&amp;P 500 recently hitting their highest levels in nearly three months. <\/p>\n<p>Traders appeared to take profits following the market\u2019s rally from April lows, spurred by waning trade tensions and improving sentiment.<\/p>\n<p>Still, caution lingered on the Street, as JPMorgan Chase CEO Jamie Dimon flagged risks that may not be fully reflected in current valuations. <\/p>\n<p>Speaking at the bank\u2019s investor day, Dimon noted signs of investor complacency and warned about the potential impact of rising inflation and stagflation.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/05\/21\/european-stocks-open-lower-ftse-down-0-2-cac-40-slips-0-3\/\">European stocks open lower: FTSE down 0.2%, CAC 40 slips 0.3%<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European markets slipped on Wednesday as geopolitical tensions resurfaced and fresh inflation data from the UK cast doubt on the prospect of interest rate cuts. Germany\u2019s DAX declined 0.2%, France\u2019s CAC 40 fell 0.3%, and the UK\u2019s FTSE 100 lost 0.17% in early trade. Sentiment was hit after US President Donald Trump\u2019s latest attempt to <\/p>\n","protected":false},"author":1,"featured_media":39941,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-39940","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=39940"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/39941"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=39940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=39940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=39940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}