Live, rolling coverage of business, economics and financial markets as 2025 starts with trepidation over new US administration’s trade policies

It’s a more positive start to the new year on Europe’s stock markets than in Asia.

Here are the opening snaps via Reuters:

EUROPE’S STOXX 600 UP 0.1%

BRITAIN’S FTSE 100 FLAT, GERMAN DAX UP 0.2%

FRANCE’S CAC 40 FLAT; SPAIN’S IBEX UP 0.3%

EURO STOXX INDEX UP 0.1%; EURO ZONE BLUE CHIPS UP 0.1%