EU Passenger Car Registrations Rebound âšī¸
European Union passenger car registrations increased by 7.4% in July 2025, with battery electric vehicle (BEV) sales surging 39.1% year-on-year, driven by strong growth in Spain and Germany.
Strong growth in automotive sector, particularly electric vehicles, signals potential economic recovery and technological advancement in European markets. Varied performance across countries suggests nuanced market dynamics with positive momentum in key economies.
EU to Scrap Tariffs on U.S. Goods After Trade Deal Framework âšī¸
The EU aims to quickly remove tariffs on U.S. industrial goods and is responding to potential U.S. trade tensions involving tech sector export restrictions and digital service taxes.
Trade policy developments suggest potential volatility in transatlantic economic relations, with implications for global market sentiment and technology sector dynamics. Neutral stance reflects balanced potential outcomes without clear definitive market direction.