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Falling European markets: analysis of the current situation

Current overview of European stock exchanges

European stock exchanges are experiencing a moment of strong volatility, with the Ftse Mib in Piazza Affari closing down 2.14%, reaching 33,607.14 points. This decline was largely influenced by investor benefits, after a period of post-election stock rally in the United States.
Among the most affected stocks, Mediobanca registered a decline of 8.1% following the publication of the accounts, while Prysmian and Brunello Cucinelli also saw significant declines.

Impact of economic policies

Market players are closely monitoring President Trump’s economic policies, waiting for crucial data on US inflation. The situation is further complicated by an unexpected deterioration in investor sentiment regarding the German economy, as reported by the Zew index.
This scenario is part of a context of political uncertainty, with the German government announcing early elections for February 23.

Commodity and Forex trends

In the commodities market, Brent oil remains close to 72 dollars per barrel, while gold continues to lose value, fluctuating around 2,600 dollars an ounce. On the currency front, the dollar strengthened against the euro, with the exchange rate falling to 1.061.
The dollar/yen also appreciated, reaching 154.6.

Performance of cryptocurrencies and US markets

In the cryptocurrency world, Bitcoin stands at around 86,000 dollars, after having reached close to 90,000 dollars during the session. On Wall Street, after a record close linked to Trump’s victory, the focus is on imminent economic data, which could further influence investor decisions. WTI oil registered an increase of 1.51%, while the main US indices, such as the Dow Jones and the S&P 500, show
slight increases.

Business results and growth strategies

In the business environment, Enervit reported a 12% increase in consolidated revenues in the first nine months of 2024, with a significant contribution from Italy and a 20.9% growth in foreign sales. Mediobanca has also announced a share repurchase program, aimed at increasing earnings per share and financing strategic acquisitions. On the other hand, Equita Group reported a slight contraction in revenues, but it also reported areas of growth in activities related to the global market and the management of alternative
assets.

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