Table of Contents:
A promising start for Piazza Affari and the European stock exchanges
The Ftse Mib opened the day with an increase of 0.5%, reaching 33,500 points. Among the best-performing stocks, Prysmian stands out with an increase of 1.8%, Azimut at + 1.5% and Unipol, which gains 1.4%.
This positive start comes after a day of sales, triggered by the escalation of tensions in Ukraine.
Waiting for Nvidia’s accounts
The market is preparing to receive Nvidia‘s financial results, which will be published this evening after the close of Wall Street. Investors are particularly interested in this data, as Nvidia is a key player in the technology and semiconductor industry. Expectations are high, and any surprise could significantly affect the market.
UK inflation and the ECB report
Another point of attention is represented by inflation in the United Kingdom, which accelerated to 2.3% on an annual basis, with a core figure of 3.3%. This increase could have repercussions on future monetary policies. In addition, a report from the European Central Bank on wage negotiations is planned, which could provide further guidance on the state of
the European economy.
Monitoring of political maneuvers
In the current context, investors continue to follow Trump‘s political maneuvers carefully, in view of his inauguration in the White House. The political decisions and economic strategies of the new government could influence global markets and economic dynamics in Europe.
Bond and commodity market trends
In the bond market, the Btp-Bund spread stands at 120 basis points, with the Italian 10-year yield around 3.57% and that of the German benchmark at 2.37%. As far as commodities are concerned, Brent oil fluctuates around 73.5 dollars per barrel, while gold rises to 2,623 dollars an ounce, signaling a growing interest in safe haven assets in a context of economic uncertainty
.
Situation on the currency market and cryptocurrencies
In the currency market, the euro/dollar exchange rate remains stable at 1.057, while the dollar/yen rises to 157.3. In the cryptocurrency world, Bitcoin is trading close to 93,000 dollars, continuing to show significant volatility that attracts
the attention of investors.
