• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Europe markets open: FTSE, DAX futures up 0.2% on strong Barclays, AstraZeneca earnings

by July 29, 2025
by July 29, 2025

European stock markets are poised for a higher open on Tuesday, with major bourses looking to shake off the previous session’s losses.

A wave of strong corporate earnings reports, notably from British bank Barclays and pharmaceutical giant AstraZeneca, is providing a positive catalyst for the market, even as investors continue to seek clarity on the details of the recent US-EU framework trade deal.

Futures data from IG suggests a positive start for European markets, with major bourses like London’s FTSE 100 and Germany’s DAX expected to open around 0.2% higher.

This comes after an initial burst of optimism on Monday over the US-EU trade deal faded by the end of the session, ultimately leaving the pan-European Stoxx 600 index with a 0.23% loss.

Investors will continue to hunt for any new details on the trade outlook today, as uncertainty remains for key sectors including pharmaceuticals and products like spirits, which were not explicitly covered in the initial framework.

Some analysts believe the recent positive trade news has largely run its course for now. “We see the tentative trade deal with the EU as pretty much completing the run of good trade news that has lifted global confidence and equity markets, and weakened the [US dollar],” Standard Chartered macro strategist Steve Englander said in a Monday note.

He added, “The deals are a negative from a global growth perspective but appear to be something that US trading partners can live with.”

Corporate stars shine: AstraZeneca and Barclays beat expectations

Tuesday is a busy day for corporate earnings, with several major companies reporting ahead of the bell, offering a more fundamental focus for investors.

  • AstraZeneca: The Anglo-Swedish pharmaceutical firm posted better-than-expected second-quarter earnings, driven by strong demand for its key cancer and biopharmaceutical products.

    AstraZeneca reported revenues of $14.46 billion for the three-month period ending June 30, a figure that came in ahead of the $14.07 billion estimated by analysts in an LSEG poll. Quarterly adjusted core operating profit also beat forecasts, coming in at $4.58 billion versus the $4.48 billion anticipated.

    The FTSE 100 company maintained its full-year forecast for revenues to rise by a high single-digit percentage, despite geopolitical challenges, and reiterated its ambitions to grow its US footprint to deliver $80 billion in revenue by 2030.

    Last week, AstraZeneca had announced plans to invest $50 billion in bolstering its US manufacturing and research capabilities by 2030, becoming the latest pharmaceutical firm to ramp up its stateside spending in the wake of US trade tariffs.

  • Barclays: British bank Barclays also delivered a strong performance, beating profit expectations and announcing a new £1 billion ($1.33 billion) share buyback program.

    The bank reported a pre−tax profit of £2.5 billion ($ 3.34 billion) for the second quarter, comfortably surpassing the mean LSEG forecast of £2.23 billion. Group revenues met analyst projections of £7.2 billion. The bank noted that market volatility had helped to boost its investment banking revenues during the quarter.

A host of other earnings reports are also due today from European giants like L’Oréal and Ferrovial, as well as major US companies including Boeing, Starbucks, Visa, and PayPal, which will be closely watched for their global outlook.

The post Europe markets open: FTSE, DAX futures up 0.2% on strong Barclays, AstraZeneca earnings appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Stellantis stock slides as reinstated guidance underwhelms investors
next post
India overtakes China as top smartphone exporter to US amid shifting supply chains

Related Posts

Cyberattack halts Asahi production, disrupts Japan’s beer supply

October 3, 2025

Europe markets open: Stoxx 600 rises 0.4%, extending...

October 3, 2025

Bitcoin ETFs see over $600M in inflows as...

October 3, 2025

Stockholm leads Europe in IPO activity with $6.8...

October 3, 2025

Indonesia suspends TikTok licence after data refusal during...

October 3, 2025

Why the Thai baht’s climb against US dollar...

October 3, 2025

OpenAI valuation hits $500 billion as employees sell...

October 2, 2025

Here’s why JPMorgan, Morningstar are bullish on Alibaba...

October 2, 2025

Europe markets open: Stoxx 600 jumps 0.6%, led...

October 2, 2025

Will the Tesco share price hit 500p as...

October 2, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • What I Saw in Milei’s Argentina

    October 3, 2025
  • Tariffs Rest on Distrust of Citizens

    October 3, 2025
  • Cyberattack halts Asahi production, disrupts Japan’s beer supply

    October 3, 2025
  • Europe markets open: Stoxx 600 rises 0.4%, extending its record-setting rally

    October 3, 2025
  • Bitcoin ETFs see over $600M in inflows as BTC price nears $120K

    October 3, 2025
  • Stockholm leads Europe in IPO activity with $6.8 billion raised

    October 3, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 7

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025

Categories

  • Economy (2,770)
  • Editor's Pick (279)
  • Investing (185)
  • Stock (1,885)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Cathie Wood’s ARKK ETF is rising: is...

April 29, 2025

AMC stock price forecast: will it short...

February 24, 2025

Xpeng EV deliveries soar 273% in April;...

May 3, 2025