UK economy dips to cooler-than-expected 0.3% in April
The White Lion pub seen at Covent Garden, UK.
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Tariffs are now the biggest macroeconomic concern for two in three investors
Mounting trade tensions and tariffs have become the single biggest worry for global investors, overshadowing all other economic risks, a new survey shows.
Nearly two-thirds (63%) of institutional investors and wealth managers identified trade levies as the most significant macroeconomic concern impacting their strategy, according to a survey published by British investment manager Schroders.
Global market confidence in U.S.-China trade talks progress falters
Traders work at the New York Stock Exchange on June 11, 2025.
Brendan McDermid | Reuters
What to keep an eye on today
CNBC’s coverage of the VivaTech summit in Paris continues on Thursday. We’ll be reporting from Goldman Sachs’ annual European Financials Conference in Berlin too.
Shoppers queue to pay for their shopping in the Tesco Extra superstore on April 20, 2009 in New Malden, Surrey, England.
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On the data front, the U.K.’s monthly gross domestic product print is due Thursday morning, and earnings are set to come from retail giant Tesco.
— Holly Ellyatt
Here are the opening calls
England, London, Docklands, River Thames and Canary Wharf Skyline at Dawn.
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Welcome to CNBC’s live blog covering European financial market action and the latest regional and global business news, data and earnings.
Futures data from IG suggests London’sFTSEwill open 33 points lower at 8,838, Germany’sDAXdown 189 points at 23,783, France’sCAC 40down 44 points at 7,732 and Italy’sFTSE MIB 282 points lower at 39,858.
— Holly Ellyatt
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