Overview of European stock exchanges
Today saw a mixed trend for European stock exchanges, with the Ftse Mib in Piazza Affari closing down 0.2%, reaching 36,059 points. Among the stocks that fell, Stellantis registered a decline of 1.5%, followed by Eni with -1.2% and Telecom Italia, which lost 1.15%. On the contrary, some stocks showed signs of resilience, such as Diasorin (+2.9%), Snam (+2%) and Italgas (+1.8%). This scenario highlights a climate of uncertainty that continues to permeate the markets, influenced by various
global factors.
Impact of Trump’s policies
With Donald Trump taking office in the White House, investors are closely monitoring his policies, especially those related to tariffs and fuels. Expectations for how these policies may affect the global economy and financial markets are high. Analysts predict that Trump’s decisions could have significant repercussions not only in the United States, but also in Europe and the rest of the world. The markets’ reaction to these policies will be crucial in determining the future direction of the stock exchanges.
Macroeconomic data and market performance
Today, macroeconomic data from the United Kingdom showed an increase in the unemployment rate to 4.4%, while wage growth reached a six-month high. In addition, the German Zew Index showed a deterioration in economic sentiment in January. These data, together with the expectation for the results of the US quarterly reports, in particular those of Netflix, have helped to create a climate of expectation and caution among investors. On the bond front, the Btp-Bund spread fell to 108 basis points, with the yield on the Italian bond at 3.58% and the German one at 2.50%
.
Commodity and forex trends
In the commodities market, Brent oil declined, slipping to 79.5 dollars per barrel, while gold saw an increase, reaching 2,741 dollars an ounce. On the currency front, the euro/dollar crossed the 1.04 mark again, while the dollar/yen remained stable at 155.4, pending a possible rate hike by the Bank of Japan at its meeting on Friday. Finally, in the cryptocurrency sector, Bitcoin has exceeded 105 thousand dollars, showing a significant recovery.