Table of Contents:
Current situation of European stock exchanges
European stock exchanges, including Piazza Affari, are experiencing a cautious start, with the Ftse Mib standing at around 33,750 points. Among the titles in evidence, Recordati and Hera show an increase of 1.1%, followed by Diasorin with a +1%. However, the banking sector recorded significant losses, with Banco Bpm falling by 1.3%, Banca Popolare di Sondrio by 1.2%, Bper by 0.9% and Unicredit by 0.7%.
This trend highlights some volatility in the markets, with investors being cautious waiting for crucial economic data
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Focus on upcoming economic data
Today, market participants are preparing for the publication of the European Central Bank (ECB) report on wage negotiations. In addition, the final reading of eurozone inflation is expected, which should confirm the annual rate of 2%, with a core figure set at 2.7%. These data are essential for understanding the future monetary policies of the ECB and the trend of the European economy. Tomorrow, the focus will shift to UK inflation and to Nvidia’s quarterly report, while the preliminary PMI indices for November will be published on Friday, which will provide further indications on the region’s economic health
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Yields and raw materials
In the bond environment, European yields are falling, with the Btp-Bund spread remaining in the 119 basis points area. The Italian 10-year yield was around 3.53%, while the German benchmark is 2.34%. This scenario of falling returns could influence operators’ investment decisions. As far as commodities are concerned, Brent oil remains above 73 dollars per barrel, while gold rises to 2,610 dollars an ounce. In the currency market, the euro/dollar exchange rate is stable at 1.058 and the dollar/yen stands at 154.5. Finally, cryptocurrencies see Bitcoin remain close to 92,000 dollars, signaling a continued interest in digital assets
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Expected policies and business strategies
In a context of economic uncertainty, investors are particularly interested in Donald Trump’s next political moves, in view of a possible return to the White House. His decisions could have a significant impact on financial markets and the global economy. In addition, recent news indicates that Nestlé has lowered its medium-term profitability target and plans to increase advertising investments to stimulate sales. This strategy could reflect a response to current market challenges and the need to adapt to a changing economic environment.
