Business, Gold, Stocks
European stocks experienced mixed performance on August 18, influenced by cautious sentiment ahead of Ukraine talks while Vestas Wind Systems surged due to positive tax credit developments.
By John Meyer, consultant in financial affairs – Eurasia Business News, August 18, 2025. Article no. 1719
European stocks showed mixed to slightly negative performance on Monday morning August 18 amid cautious sentiment as traders awaited Ukraine talks. The Euro Area Stock Market Index (EU50) fell by approximately 0.47% to 5423 points. The broader STOXX Europe 600 index also edged slightly lower by around 0.15%. Key markets like France’s CAC 40 and Germany’s DAX were down by 0.1% and 0.2%, respectively.
Among individual performers, Vestas Wind Systems surged significantly by over 9%, boosted by positive developments in tax credits for clean energy projects in the US. Novo Nordisk shares advanced following FDA approval of a related weight-loss drug. Conversely, banking stocks such as Commerzbank saw a drop of about 3.7%.
In parallel, the US dollar showed mild drifting with a price around 97.8 on the commodity index, indicating relatively modest movement against a basket of currencies.
Stocks of Vestas Wind Systems surged notably this morning, jumping around 15%. This rally was driven by updated guidance from U.S. government agencies on tax credits for clean energy projects. The guidance was seen as far less severe in impact than initially feared, which boosted investor confidence in Vestas and the renewable energy sector as a whole.
Gold price is around $3,345.59 per troy ounce this morning, reflecting a moderate increase of about 0.28% from the previous day.
The price of silver is approximately $38.16 per troy ounce, marking a rise of about 0.39% from the previous day. Silver prices had rebounded above $38, recovering some losses from the prior week
Read also : Gold : Build Your Wealth and Freedom
Overall, the market was cautious with traders focusing on the upcoming Ukraine talks between US President Donald Trump, Ukrainian President Volodymyr Zelenskiy, and European leaders, along with close attention on the Federal Reserve’s upcoming Jackson Hole symposium for policy guidance.
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© Copyright 2025 – Eurasia Business News. Article no. 1719
Founded in 2017, Eurasia Business News is an independent platform where are published articles on economy, finance, geopolitics, tax and legal issues in Europe, America and Asia. Our goal is to bring new and valuable insights to business leaders, policymakers, scholars and citizens. Articles are published in both English and French. Premium content is available for monthly subscribers. View all posts by Eurasia Business News
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