European autos index up 1.5%
A automotive on the new Citroen C5 Aircross’ manufacturing line within the Stellantis carmaker plant in Chartres-de-Bretagne, close to Rennes, western France, on July 3, 2025.
Damien Meyer | Afp | Getty Photos
Europe’s carmakers jumped on Monday morning, reacting positively to information that the U.S. and European Union have secured a framework commerce settlement.
U.S. President Donald Trump on Sunday stated the commerce settlement, which is able to see Washington scale back tariffs to fifteen% on EU items getting into America, will likely be “nice for automobiles.”
The Stoxx Europe autos index led features throughout early morning offers, up greater than 1.5%.
French automotive components provider Valeo was final seen up 5%. Jeep maker Stellantis, Porsche and Mercedes-Benz Group have been all up greater than 2%.
— Sam Meredith
European shares hit four-month excessive
European shares have risen to hit a four-month excessive after the U.S.-EU agreed to a commerce deal.
The Stoxx Europe 600 index rose 0.8%, with different regional bourses additionally buying and selling increased.
The U.Ok.’s FTSE 100 was up 0.3%, France’s CAC 40 was increased by 1.1% and Germany’s DAX rising 0.7%.
— Ganesh Rao
Heineken beats revenue expectations
Heineken posted a beat on first-half working revenue, coming in at simply over 1.4 billion euros ($1.6 billion).
The brewer is backing its steerage for the 12 months, saying it expects natural revenue to develop between 4-8%.
— David Martin
Opening calls
Good morning from London.
There’s slightly below an hour and a half to go till shares start buying and selling for the primary time because the U.S. and European Union agreed to a commerce deal.
Futures tied to the Stoxx Europe 600 index level to a robust begin with the index anticipated to open 0.8% increased.
Regionally, the German DAX is predicted to rise 1%, France CAC 40 index is about to be 0.4% increased and the U.Ok.’s FTSE 100 is predicted to rise 0.5%.
— Ganesh Rao