Europe closes mixed as oil, metals and autos lead, FTSE slips while DAX and Euro Stoxx 50 edge higher
Executive summary: European markets finished mixed, with the DAX and Euro Stoxx 50 posting modest gains while the FTSE 100 and CAC 40 ended lower. The biggest moves were in commodities, where silver, platinum, natural gas and Brent crude surged, helping lift parts of the broader risk complex and supporting auto shares. Currency moves also showed a softer dollar backdrop, with the euro and pound firmer against the US currency. [Continue Reading]
EU continues taking Russian Arctic LNG despite year-end import ban
The European Union received 91 cargoes of liquefied natural gas from Russia's Yamal project between January and April, according to new analysis cited in the supplied material.The cargoes accounted for 98% of all Yamal LNG exports in that period.The figures were published on Friday and were based on Kpler data analysed by Urgewald, a German environmental group.The estimated value of the exports was €3.8bn.The development comes as the EU prepares to ban Russian fossil-fuel imports by the end of the year, with the restriction already set out in law.The supplied material says the ban on LNG imports via short-term contracts... [Continue Reading]
360LiveNews | 08 May 2026 15:00 LONDON
