This is C온라인카지노사이트's live blog covering European markets.

European stock markets were headed for a muted open Wednesday, as investors brace themselves for another slew of earnings along with euro zone economic growth data.

The  index notched a sixth straight positive session on Tuesday, extending its longest winning streak since January. The U.K.'s meanwhile closed higher for a 12th session, marking its best run since 2017.

Corporate results will be back in focus, with , , , , , and among those reporting.

U.S. tariffs have unsurprisingly in early reports, with many companies citing the difficulty of forecasting, while bank profits beat estimates. Swiss lender continued the trend on Wednesday, reporting of $1.692 billion in the first quarter.

A preliminary reading on euro zone first-quarter economic performance is due at 10 a.m. in London. Economists polled by Reuters expect 0.2% growth in the period, following .

Globally, attention remains on U.S. trade. U.S. President Donald Trump on Tuesday some of his automotive tariffs, maintaining a 25% vehicle import rate but reducing the overall level as a result of additional duties on products such as steel and aluminum.

were mixed on Tuesday, as were .

Auto giant Volkswagen posts 37% drop in first-quarter profit

German auto giant  reported a substantial drop in first-quarter profit as the carmaker navigates the  of U.S. tariffs on the global car industry.

Europe's biggest carmaker reported operating profit of 2.9 billion euros ($3.3 billion) for the first three months of the year, down 37% from the same period last year.

Volkswagen reported first-quarter sales revenue of 77.6 billion euros, up 2.8% from the first quarter of 2024. The company cited higher vehicle sales in markets outside China as underpinning the increase.

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— Sam Meredith

Swiss giant UBS beats expectations with $1.69 billion profit

Swiss giant  beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe's largest bank amid sweeping U.S. tariffs.

Net profit attributable to shareholders hit $1.692 billion in the first quarter, compared with a mean forecast of $1.359 billion in a LSEG poll of analysts. Group revenue over the stretch stood at $12.557 billion, versus analyst expectations of $12.99 billion.

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— Ruxandra Iordache

Europe markets: Here are the opening calls

European markets were heading for a mixed open on Wednesday, according to IG data at 4 a.m. U.K. time.

London's FTSE 100 was set to nudge 5.6 points higher to 8,475, Germany's DAX 34.7 points higher to 22,486, and Italy's MIB 77.6 points higher to 37,443. France's CAC 40 was last seen slipping 6.9 points to 7,561.

— Jenni Reid

China's factory activity drops to a near two-year low in April as trade tariffs bite

China's manufacturing activity fell more-than-expected to a near two-year low, sliding into contractionary territory in April as the escalating trade war with the U.S. hurts bilateral trade.

The official purchasing managers' index came in at 49.0 in April, falling below the 50-level threshold which determines expansion from contraction, for the first time since January, according to data from the National Bureau of Statistics on Monday.

That reading missed the analysts' expectations for a 49.8 contraction in a Reuters poll, marking a notable slowdown after China's manufacturing activity grew at its , as exporters front-loaded outbound shipments to avoid higher duties.

Read the full story .

—Anniek Bao

Samsung’s first-quarter operating profit and revenue beat expectations as chip sales rise

' operating profit and revenue beat analysts' estimates Wednesday, as chip sales rose amid worries of U.S. President Donald Trump's "reciprocal" tariffs coming into effect.

The South Korean company posted a 10% jump in first-quarter revenue from a year earlier, while its operating profit climbed 1.5%.

Shares of Samsung Electronics traded flat after the results.

Read the full story .

—Dylan Butts, Lee Ying Shan