FX.co ★ European Stocks Renew Record Highs

European equity markets advanced on Wednesday, supported by easing worries over potential AI-related disruption and cautious optimism ahead of further clarity on US trade policy. The Euro STOXX 50 rose 0.9% to a record close of 6,172, while the broader STOXX Europe 600 gained 0.7% to an all-time high of 633. Attention is now turning to Nvidia’s earnings report, due later in the day, which investors hope will shed further light on the strength and durability of AI-driven demand. ASML, for which Nvidia is a key customer, added 2%. HSBC jumped 7.6% after the bank posted stronger-than-expected 2025 results. On the macro front, German consumer confidence unexpectedly deteriorated heading into March, while sentiment in France improved in February, painting a mixed picture of household confidence across the euro area.