iShares MSCI Switzerland ETF

EWL

Market cap $1.37B

Maximilian Uleer, Deutsche Bank head of European equity and cross asset strategy, joins CNBC's 'Money Movers' to discuss outlooks on European markets.

Georges Kern, CEO of Swiss luxury watchmaker, Breitling discusses the impact of U.S. tariff rate of 39%, and explains how consumer sentiment is being affected by political instability across Europe.

European stocks are expected to open lower on Tuesday, reversing largely positive sentiment at the start of the week.

European stocks are expected to open mostly higher Monday as markets keep a close eye on a new trade dispute between the U.S. and China.

European stocks are expected to hover around the flatline at the open on Wednesday as markets lack direction during a difficult week.

European stocks are expected to open mixed on Tuesday with all eyes on France after the resignation of Prime Minister Sebastien Lecornu.

Swiss watchmaker Swatch has begun selling a special edition watch with the numbers three and nine reversed on its face in a play on the 39% tariffs President Donald Trump imposed on U.S. imports from Switzerland last month.

It has been 225 days since President Trump's Inauguration on January 20th, and the S&P 500 entered today up 8% since the last close before the Inauguration. Speaking of the G7, the US has been the worst market among these seven developed nations since Inauguration Day in January. Along with being the second-best performing country ETF since Inauguration Day, Vietnamhas easily been the best performer since April 8th with a gain of 77.5%.

Economists polled by Reuters had expected the rate to remain unchanged from July, at 2%.

European Central Bank Governing Council Member Joachim Nagel says "the bar is high" to issue another interest rate cut. Speaking to Bloomberg TV's Lisa Abramowicz and Tom Keene, the Bundesbank president said the euro zone is in a “kind of equilibrium,” with inflation and interest rates both at 2%.