Introduction to the performance of European stock exchanges
The European stock exchanges started the day with a cautious trend, with Piazza Affari not far from parity. The Ftse Mib marked an increase of 0.15%, placing 33,670 points in the area. This scenario reflects a phase of waiting on the part of investors, who are closely monitoring global economic and political news
.
Growing and falling sectors
Among the sectors that have shown signs of growth, banks stand out, with MPS up 3%, followed by Bper (+2%) and Banco Bpm (+1.8%). In contrast, some stocks such as Stm (-1.2%), Iveco (-1.1%) and Stellantis (-1.1%) recorded losses. This gap between sectors highlights market volatility and investor reaction to external factors, such as economic policies
.
Inflation and industrial production: key data coming soon
Today, crucial data is expected to be released, including the US inflation rate and industrial production in the eurozone. Market players are particularly interested in how Trump’s economic policies may affect the global economy. The initial reaction to Trump’s election seems to have faded, but uncertainty remains high. Investors are also waiting for the interventions of some non-voting members of the Fed, who could provide further guidance on the future direction of
monetary policy.
Bond markets and commodities
In the bond market, the Btp-Bund spread stands at 128 basis points, with the Italian 10-year yield at 3.67% and that of the German benchmark at 2.39%. This scenario suggests some stability, but also a continuous attention to economic fluctuations. As far as commodities are concerned, Brent oil fluctuates around 72 dollars per barrel, while gold remains in the area of 2,600 dollars an ounce, reflecting investor concerns about inflation
and economic stability.
Forex and cryptocurrency trends
In the currency market, the dollar continues to strengthen against other currencies. The euro/dollar exchange rate falls to 1.06, while the dollar/yen exceeds the 155 mark for the first time since July, increasing the risk of intervention by Japan. This strengthening of the dollar could have significant repercussions on international trade and investment. Finally, in the cryptocurrency sector, Bitcoin stands at 87,000 dollars, after reaching almost 90,000 dollars yesterday, highlighting the continued
volatility of this emerging market.