European indices are on the defensive on Friday after president Trump announced more tariffs on the Chinese imports. Investors await the key US NFP report for July (1:30pm BST) with anticipation that the employment increased by around 160k. Too high number could limit the room for the Fed to cut rates while too low could suggest a slowdown in the US economy. The data will also be important for the EURUSD that is recovering after the Fed’s decision and is already testing 1.11.
Morning Wrap: Global sell-off in the technology sector (13.02.2026)
Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure
US100 loses 1.5% 📉
US Open: Cisco Systems slides 10% after earnings 📉 Mixed sentiments on Wall Street