Europe closes lower as oil spikes, metals slide and rate-sensitive assets wobble
Executive summary: European equities ended the session under pressure, with the CAC 40 and Euro Stoxx 50 leading losses while the FTSE 100 held close to flat. The sharpest cross-asset move was in Brent crude, which surged more than 11%, reinforcing inflation concerns and helping explain weakness in gold, silver, platinum and autos. FX was comparatively calm, with sterling and the euro firmer against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 08 Jul 2026 16:45 LONDON
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Europe opens mixed as oil spikes, FTSE and DAX climb, and autos lag on supply shock fears
Executive summary: European markets opened with a split tone, as the FTSE 100 and DAX advanced while the Euro Stoxx 50 and CAC 40 slipped. The biggest cross-asset move was in Brent crude, which jumped sharply, reinforcing inflation and margin concerns across energy-intensive sectors and helping explain weakness in global autos. Gold, silver and platinum also firmed, while the euro and pound gained modestly against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 08 Jul 2026 08:15 LONDON
