iShares MSCI Switzerland ETF

EWL

Market cap $1.7B

Market expectations that the European Central Bank will hike interest rates this year have already contributed to tighter financial and lending conditions. The "transmission of tighter policy is already underway," Goldman Sachs noted.

The European Central Bank's decision to keep rates ​unchanged last month was ‌a close call for some policymakers as signs of persistently high ​inflation made it hard ​to look past the energy-driven shock, ⁠the accounts of the ​meeting showed on Thursday.

European shares will struggle to post further gains for the rest of this year, a Reuters poll found, weighed down by the ​economic hit from the Iran war and a relative lack of popular AI-related stocks.

The European Central Bank "will do what is necessary" to keep inflation on target, one of its top policymakers told CNBC. Markets are overwhelmingly pricing in a rate hike from the central bank at its next meeting.

Germany is ready to compromise in negotiations on the European ​Union's capital markets union, including on ‌the sensitive question of financial supervision, Finance Minister Lars Klingbeil said on Thursday.

European stocks were set to open lower Tuesday, as traders watched developments in the Middle East and Ukraine.

European startups like Legora and Lovable are challenging US tech dominance with rapid growth. AI advancements and improved capital access are enabling Europe's tech scene to thrive globally.

European shares moved higher on Friday as investors responded positively to signs of progress in peace talks between the United States and Iran, despite both sides continuing to disagree on several major issues. The pan-European STOXX 600 index rose 0.5% to 623.79 points by 0703 GMT and was on track to close the week with gains.

European equities look set to enjoy a day in the green following the Dow's record close yesterday. Bond yields also dip slightly after a volatile week.

European stocks are expected to open around the flatline on Thursday as investors assess the latest macroeconomic and geopolitical news.