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Positive start for European stock exchanges: focus on Nvidia and inflation in the United Kingdom

An encouraging start for European stock exchanges

European stock exchanges, including Piazza Affari, have registered a positive start, with the Ftse Mib marking an increase of 0.5% to 33,500 points. Among the titles in evidence, Prysmian stand out with +1.8%, Azimut at +1.5% and Unipol, which gains 1.4%. This rise comes after a day of sales, triggered by the escalation of tensions in Ukraine, which has put
pressure on the markets.

Waiting for Nvidia’s results

Investors’ focus now shifts to Nvidia‘s financial results, expected this evening after the close of Wall Street. Expectations are high, considering the crucial role that the company plays in the field of technology and artificial intelligence. Analysts are eager to see how Nvidia will face the challenges of the market and what its forecasts will be for the future. This event could affect not only Nvidia’s stock, but also the overall trend of the technology sector.

Inflation and political maneuvers in Europe

In addition, the European Central Bank‘s report on wage negotiations is expected, a topic of great importance in a context of rising inflation. Recently, inflation in the United Kingdom accelerated, reaching 2.3% year-on-year, with a core figure of 3.3%. This scenario could influence the ECB’s decisions and future monetary policies. Investors also continue to monitor Donald Trump’s political maneuvers, in view of his inauguration in the White House, which could have repercussions
on global markets.

Bond markets and commodities

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%. Commodities are showing interesting movements, with Brent oil fluctuating around 73.5 dollars per barrel and gold rising to 2,623 dollars an ounce. These factors are crucial for understanding current economic dynamics and future expectations
.

Trend of currencies and cryptocurrencies

In the currency market, the euro/dollar exchange rate remains stable at 1.057, while the dollar/yen rises to 157.3. Cryptocurrencies, in particular Bitcoin, are trading close to 93,000 dollars, highlighting a growing interest in this asset. The volatility of these markets requires attention and in-depth analysis from investors
.

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