BMW shares in Germany plunged the most in a year after the company issued a profit warning, citing weaker-than-expected sales in China and ongoing trade uncertainty between the U.S. and the European Union. The German producer of luxury cars now forecasts its automotive margin for 2025 will be in the range of 5% to 6%, down […]

Authored by Daniel Lacalle, Many market participants have built long positions on euro-denominated assets, expecting a positive outcome from the German stimulus plan and Rearm Europe projects. However, betting on a stronger euro may be optimistic considering the poor track record of these government plans, the rising fiscal challenges of France and other nations, the elevated […]

ASML Holding NV shares tumbled in Europe after a months-long bipartisan investigation by the U.S. House Select Committee on the Chinese Communist Party (CCP), led by Chairman John Moolenaar (R-MI) and Ranking Member Raja Krishnamoorthi (D-IL), published new findings on Tuesday afternoon showing that American, Dutch, and Japanese semiconductor equipment firms have bolstered China’s chipmaking […]

Fighting would presumably include repelling Russian drone incursions. During her speech, von der Leyen endorsed the idea of a “drone wall,” made up of radar systems and anti-aircraft weapons, that would intercept Russian drones and protect the whole continent. NATO Secretary General Mark Rutte called the idea “timely and necessary,” and at a September 30 […]

As European countries pour billions into defense spending, their debt piles are expanding—raising questions of national fiscal stability. In France, a rising debt ratio led Fitch to downgrade its credit rating in September. The country has faced ongoing political turmoil as the country’s debt supply recently hit a record $4 trillion. This graphic, via Visual Capitalist’s […]