FX.co ★ European Stocks Remain Cautious

The STOXX 50 index remained relatively stable, while the STOXX 600 experienced a slight decline of 0.2% on Wednesday, marking its fourth consecutive session of losses. However, there are indicators that the recent selling trend might be stabilizing. Despite this, market sentiment remains cautious due to the looming threat of a potential trade conflict between Europe and the United States, alongside ongoing geopolitical tensions concerning Greenland. Investors are keenly anticipating any insights from President Trump's upcoming speech at the World Economic Forum in Davos, which might reveal his policy direction. From a corporate perspective, companies such as ASML Holding, LVMH, and Hermès saw gains of 0.2%, 1.7%, and 0.7% respectively, while HSBC, AstraZeneca, and Roche posted declines of 0.6%, 0.3%, and 0.7%.