United States API Crude Oil Stock Change

The dollar index extended its decline to below the 98.5 mark on Tuesday, nearly erasing its rebound this year as the escalation in President Trump's rhetoric on acquiring Greenland drove markets to sell dollar-denominated assets. The Presidential administration doubled down on pledges to take Greenland from Denmark after Trump threatened to impose 10% tariffs on major European economies by the start of next month, which will increase to 25% in June should a deal not be struck. In the meantime, the EU signaled it could tariff $93 worth of US goods in retaliation. The events restarted the partial shun of key US assets as markets trim exposure to political and economic uncertainty, with Danish pension funds already announcing it will divest from US Treasury securities. The pressure on the dollar index took place despite the plunge in the yen, which sold off after PM Takaichi signaling a cut in taxes on food should her party be elected in next month's snap elections.

Dollar Index Extends Decline

The FTSE MIB Index fell -501 points or 1.11 percent on Tuesday to close at 44695 points. Leading the losses are Buzzi Unicem (-3.01%), ERG (-2.95%) and Telecom Italia (-2.75%).

The FTSE MIB Index Closes 1.11% Lower

The DAX Index dropped -263 points or 1.06 percent on Tuesday to close at 24696 points. Losses were led by Fresenius (-4.92%), Vonovia (-3.49%) and Fresenius Medical Care (-3.05%).

The DAX Index Closes 1.06% Lower

The CAC 40 Index decreased -57 points or 0.70 percent on Tuesday to close at 8055 points. The decline was led by Capgemini (-3.10%), Edenred (-2.44%) and Eurofins Scientific SE (-2.20%). On the upside, the strongest performers were Renault (2.18%), TotalEnergies SE (1.30%) and STMicroelectronics (1.27%).

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Dollar Index Extends Decline

The FTSE MIB Index Closes 1.11% Lower

The DAX Index Closes 1.06% Lower

The CAC 40 Index Closes 0.70% Lower

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United States API Crude Oil Stock Change