First Trust Europe AlphaDEX Fund

FEP

Market cap $483M

UK's FTSE 100 up by more than 50 points, while pan-European Stoxx 600 share index rises 1.2%

The European Central Bank should "sit tight" and keep interest rates ‌steady for now as the impact of the war in Iran remains uncertain, ECB policymaker Martins Kazaks told Reuters on Tuesday.

European financial markets are under strain as the air war in the Middle East revives concerns about an energy supply shock exacerbating inflation.

AI-related equity jitters are unlikely to be resolved overnight and eurozone government bonds could actually come out as a winner. Relative to euro rates, US equity volatility is reaching highs similar to previous crisis periods. A global rebalancing of portfolios could see significant demand for euro rates, mitigating the upward rate pressure.

Yields on eurozone government bonds edged lower, tracking moves in Treasurys amid uncertainty over tariff policies.

European stocks are set to open higher on Friday as traders awaited more earnings reports, and monitored tensions between the U.S. and Iran.

European stocks are expected to open in mixed territory on Thursday as investors await further earnings reports.

European stocks are expected to open lower on Tuesday as investors keep an eye on earnings.

AI fears hit stocks on Wall Street on Thursday, with real estate, trucking and software shares among the hardest hit.

The European Commission will present in March a plan to deepen the European Union's single market of 450 million consumers and make it easier for companies to operate across the EU, the Commission's head Ursula von der Leyen said.