Lights on in skyscrapers and industrial buildings on the skyline of the Metropolis of London, UK, on Tuesday, Nov. 18, 2025. U.Ok. enterprise chiefs urged Chancellor of the Exchequer Rachel Reeves to ease vitality prices and keep away from elevating the tax burden on company Britain as she prepares this 12 months’s funds.
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Europe-listed shares moved broadly greater on Friday, with subsequent week’s Federal Reserve coverage choice in focus.
By 11 a.m. London time (6 a.m. ET), the pan-European Stoxx 600 was round 0.4% greater, with most sectors and main regional bourses in constructive territory.
Traders are awaiting the result of the Federal Reserve’s Federal Open Market Committee assembly subsequent week. Expectations of a quarter-point reduce have surged previously two weeks, with cash markets now pricing in an 87.1% probability of policymakers trimming their key rate of interest, in keeping with the CME’s FedWatch software.
Friday will convey delayed September knowledge on U.S. client spending, the College of Michigan’s December client survey and the non-public consumption expenditures index, which the Fed makes use of to tell its coverage choices. The central financial institution can also be targeted on a softening labor market – however knowledge on Thursday confirmed U.S. jobless claims within the week to Nov. 29 fell 27,000 from the earlier week and got here in beneath estimates.
Financial coverage focus will flip again to Europe the next week, with the Financial institution of England, the European Central Financial institution, Sweden’s Riksbank and Norway’s Norges Financial institution all scheduled to publish their very own rate of interest choices on Dec. 18.
Traders in Europe proceed to observe developments in U.S.-led negotiations to finish the battle in Ukraine.
Russian President Vladimir Putin, who held talks with a U.S. delegation in Moscow earlier this week, is presently on a state go to to India. CNBC reported on Thursday that European Union officers have been methods to make use of frozen Russian property to supply additional help to Kyiv – a transfer that Dmitry Medvedev, deputy chairman of Russia’s Safety Council, stated could be tantamount to an act justifying battle.
In an interview with India Right now, Putin warned Russia will seize Ukraine’s japanese Donbas area by drive if Ukrainian troops don’t withdraw.
In company information, shares of Swiss Re fell 5.5% to the underside of the Stoxx 600 after the worldwide reinsurer introduced its 2026 monetary targets. The corporate stated it was concentrating on internet revenue of $4.5 billion, barely greater than the minimal $4.4 billion it is concentrating on in 2025. It additionally stated its targets embrace annual dividend per share development of seven% or extra over the subsequent two years.
On the different finish of the index, U.Ok. on-line grocery agency Ocado pared earlier features so as to add 5.3% after U.S. companion Kroger reportedly agreed to pay $350 million in compensation to the corporate after scrapping plans for an Ocado distribution heart in America.
Euro zone GDP revised upward
The euro zone financial system grew by 0.3% within the third quarter, knowledge from statistics company Eurostat confirmed on Friday. Flash knowledge launched in October had estimated the financial system had expanded 0.2% between July and September, in contrast with the earlier quarter.
The euro zone financial system grew by simply 0.1% within the second quarter, following a 0.6% growth within the first three months of the 12 months.
The euro was flat towards the U.S. greenback at $1.165 shortly after Friday morning’s launch.
