
European Earnings Are Pricing in Tariff Risks, Says BlackRock's Jewell
'Earnings numbers have already come down; that's not a complacent market,' Jewell, chief investment officer of fundamental equities EMEA at the asset manager, said in an interview. 'The gains have further to go as long as the European exporters pull their weight.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Updated composition of the management team of Oma Savings Bank
OMA SAVINGS BANK PLS STOCK EXCHANGE RELEASE 4 August 2025, 9.25 AM CHANGES IN BOARD/MANAGEMENT/AUDITORS Updated composition of the management team of Oma Savings Bank Oma Savings Bank Plc (OmaSp and the Group) has confirmed Pirjetta Soikkeli ( (Forestry) and MBA) as a member of the management team starting from 4 August 2025. Soikkeli has served as Chief Communications Officer (CCO) at OmaSp since 7 July 2025. Kalle Virtanen ( trained on the Bench, (Stockholm) and CEFA) joined the management team and started as the Chief Operating Officer on 1 August 2025. "I am pleased to welcome Pirjetta Soikkeli and Kalle Virtanen to Oma Savings Bank's management team. I am truly delighted that these experienced leaders are joining us to further strengthen the expertise of our executive team," says Karri Alameri, CEO of OmaSp. Oma Savings Bank's management team as of 4 August 2025: Karri Alameri, Chief Executive OfficerSarianna Liiri, Deputy Chief Executive Officer, Chief Financial OfficerPekka Pykäri, Chief Risk OfficerVille Rissanen, Chief Digital Information OfficerHanna Sirkiä, Chief Legal OfficerPirjetta Soikkeli, Chief Communications OfficerMarkus Souru, Head of Service NetworkKalle Virtanen, Chief Operating Officer The appointments are subject to the Finnish Financial Supervisory Authority's approval of the fit and proper assessments concerning Soikkeli and Virtanen. As previously announced, Pekka Pykäri will leave his position as OmaSp's Chief Risk Officer and member of the management team no later than 31 August 2025. OmaSp will announce the successor later. Oma Savings Bank Plc Additional information:Karri Alameri, CEO, tel. +358 45 656 5250, DISTRIBUTION: Nasdaq Helsinki LtdMajor OmaSp is a solvent and profitable Finnish bank. Over 600 professionals provide nationwide services through OmaSp's 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners' products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations. OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in Details Website URL: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 minutes ago
- Yahoo
German finance minister to push for steel quotas on Washington trip
BERLIN (Reuters) -German Finance Minister Lars Klingbeil will advocate for a quota system on steel exports to be included in the EU's trade deal with the United States at a meeting with his U.S. counterpart, Scott Bessent, later on Monday, he told a radio broadcaster. "There is talk of a quota system for steel, and it would be good if there were one," Klingbeil told Deutschlandfunk radio on Monday before his planned meeting in Washington. There are a number of chapters that have not yet been finalised in the trade deal struck, said Klingbeil, and steel is a particularly important issue for the German economy and jobs. "I will test out what steps the American government is prepared to take and what the solution might look like," said Klingbeil, even though the EU is responsible for negotiations. The EU's trade deal with Trump in July was greeted with a mix of relief and anger, with tariffs set at 15% for most products but negotiations continuing for certain sectors, including steel and aluminium, which carry tariffs of 50%. German Chancellor Friedrich Merz had said on Friday the EU will negotiate with the United States on steel, with a focus on quotas that can be exported without too high tariffs. Klingbeil also urged quick clarification of other outstanding details in the trade dispute, including the investments promised by the EU and in the energy sector. "It should happen in the next few days," he said. Sign in to access your portfolio

Wall Street Journal
24 minutes ago
- Wall Street Journal
Swiss Inflation Edged Higher in July
Swiss annual inflation inched higher last month, though it remained close to negative territory, suggesting the Swiss National Bank could still be on course to push interest rates below zero later this year. Consumer prices were 0.2% higher in July than the same month of last year, compared with annual inflation of 0.1% in June, Switzerland's statistics office said Monday.