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23-07-2025
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European Stocks Rise on US-Japan Trade Deal Optimism

Date: 23-07-2025
Sources: cnbc.com: 3
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Summary

European markets are expected to rise as the US-Japan trade deal sparks hopes of a breakthrough in EU tariff negotiations, boosting auto stocks and investor sentiment. Despite some earnings disappointments, companies like UniCredit and Thales reported positive results, while SAP flagged US trade tensions but saw a glimmer of hope in the Japan deal.

Key Points

  • US-Japan trade deal reduces tariffs on Japanese vehicles and parts
  • European auto stocks surge on hopes of EU tariff breakthrough
  • Mixed corporate earnings reports with UniCredit and Thales beating expectations

Articles in this Cluster

Autos: U.S.-Japan trade deal raises hopes of an EU tariff breakthrough

23-07-2025

The U.S.-Japan trade deal has raised hopes of a breakthrough in EU tariff negotiations, causing European auto stocks to surge. The deal reduces U.S. tariffs on Japanese vehicles and parts to 15%. European automakers, including Volkswagen, BMW, and Mercedes-Benz, saw significant gains in their stock prices. The VDA, Germany's auto industry association, is calling for increased efforts to reach a U.S. trade deal. Analysts are cautiously optimistic about the potential for a European auto deal, but note that it is uncertain and dependent on various factors.
Entities: U.S., Japan, EU, Volkswagen, BMW • Tone: neutral • Sentiment: positive • Intent: inform

European markets on Weds July 23: Stoxx 600, FTSE, DAX, CAC

23-07-2025

European markets are expected to open higher on Wednesday, July 23, as investors await a busy day of corporate earnings reports and economic data releases. Iberdrola's net profit declined 14% year-on-year, while Thales reported a stronger-than-expected profit and raised its full-year sales guidance. UniCredit posted a sharp second-quarter profit hike and lifted its full-year guidance, a day after withdrawing its takeover bid for Banco BPM. European stocks declined on Tuesday as investors digested earnings and weighed the prospect of U.S. trade tariffs.
Entities: Iberdrola, Thales, UniCredit, Banco BPM, Equinor • Tone: neutral • Sentiment: neutral • Intent: inform

Germany's SAP flags U.S. trade hit but says Japan deal gives 'hope'Stock Chart IconStock Chart Icon

23-07-2025

German software giant SAP reported a 9% year-on-year revenue rise in Q2 2025, despite U.S. trade tensions affecting customer decision-making. The company's cloud backlog grew 28% to 18.05 billion euros. SAP's CFO expressed cautious optimism following the U.S.-Japan trade deal, but noted that uncertainty remains. The company's shares fell 3.5% in early trading despite beating some earnings estimates.
Entities: SAP, Germany, U.S., Japan, Dominik Asam • Tone: neutral • Sentiment: neutral • Intent: inform