Tuesday, July 1, 2025
HomeBusinessPrudent increase in view in Europe before the PMI - 01/07/2025 at...

Prudent increase in view in Europe before the PMI – 01/07/2025 at 08:02

Furthermore,

Prudent increase view europe before:

The Dax graph is represented on the Frankfurt Stock Exchange prudent increase view europe before

The Dax graph is represented on the Frankfurt Stock Exchange

by Claude Chendjou

The main European scholarships are expected on Tuesday on a slightly positive note for the first session in July, the beginning of a second half where trade, central banks and geopolitics will remain at the center of attention, while indicators on the manufacturing activity of companies in Europe and the United States are scheduled for the day. However,

According to the first indications available, the Parisian CAC 40 should gain 0.11% at the opening. Consequently, The Dax in Frankfurt could advance by 0.14%, while the FTSE 100 in London should be stable. Moreover, The Eurostoxx prudent increase view europe before 50 index is expected to increase by 0.08% and the Stoxx 600 up 0.06%. Consequently,

Investors will read from 07:50 GMT from PMI indices in Europe for the month of June before the publication, at 2:00 p.m. However, GMT in the United States. Nevertheless, the ISM manufacturer and the JOLTS survey on job offers, prelude to the official monthly report expected Thursday on job creations, unemployment rate and wage development. Furthermore, Preliminary inflation figures in the euro zone are also expected at 9:00 a.m. In addition, GMT. However,

All these statistics should not deeply upset the good humor of the market which is mainly confident. Nevertheless, on the outcome of the conflict on customs duties wanted by President Donald Trump. Moreover, This optimism was reinforced last week by the appeasement of trade tensions between the United States. In addition, China, while Canada announced on Sunday the prudent increase view europe before cancellation of its digital services tax in order to relaunch negotiations with the United States. Meanwhile,

A sign of the appetite for the risk. the US stock indexes S&P 500 and NASDAQ Composite have included new records in a context of hope for dropping guiding rates in the United States, a cease-fire negotiated by the United States between Israel and Iran, controlled inflation and many trade agreements. The dollar, for its part, is a lower than several years, while oil prices are retreating.

A WALL STREET

The S&P 500. the NASDAQ reached new heights on Monday, supported by optimism around possible trade agreements and possible interest rate drops, while the markets have completed their best quarter for more than a year.

The Dow Jones index won 0.63%, or 275.50 points, at 44,094.77 points. Additionally, The larger Standard & Poor’s 500 took 31.88 prudent increase view europe before points, or 0.52% to 6.204.95 points. The Nasdaq Composite advanced 96.28 points, 0.48% to 20,369,733 points.

In the quarter, the S&P 500 increased by more than 10.57%, the Nasdaq by more than 17.75%and the Dow Jones by 4.98%.

In Asia

On the Tokyo Stock Exchange, the Nikkei index reflected from 0.84%, to 40,148.42 points, on profit sockets after recent gains, the index having taken 6.6%in June, its strongest monthly growth since February 2024. Of the last five sessions it won 5.5%. The wider topix gives way 0.61%, to 2,835.51 points.

The MSCI index bringing together the values ​​of Asia and the Pacific (excluding Japan) rises by 0.50%, thanks in particular to the South Korean Kospi index, up 1.8%.

In China, the SSE Composite of Shanghai is granted 0.21%and the CSI 300 grabes 0.05%, the indices being drawn mainly by the prudent increase view europe before finance sector (+0.73%), the Cabinet Cabinet survey having shown a rebound in manufacturing activity in June.

The values ​​to follow in Europe:

Renault announced on Tuesday that it would accuse the. first half of a loss of 9.5 billion euros in its Nissan shares in the first half.

Sodexo reported on Tuesday results above expectations for the third quarter. but now said to aim for the “bottom of the range” for its annual objectives.

Changes/Rate

The dollar fell 0.14% against a basket of reference currencies, after falling in session under 97 points, its lowest level since February 2022. The greenback is notably the victim of uncertainty around the “One Big Beautiful Bill”. This budgetary bill wanted by Donald Trump could increase the American debt by 3.300 billion dollars when a marathon debate on the text began in the Senate. the prudent increase view europe before president wishes his adoption before July 4, independence.

The euro appears at 1.178 dollars, after reaching 1.179 dollar session, a four -year summit. Furthermore, The European single currency jumped 13.8% over the January-June period, its best historical performance in the first half, according to LSEG data.

The pound sterling is stable and exchanges at 1.373 dollars, close to its highest level in three and a half years reached last week.

The Japanese yen firm at 143.68 for a dollar. Japanese currency has won 9% in the first half, its best performance since 2016.

The yield of American treasury bills at ten years fell from 2.1 base points to 4.2046%, after a decline of almost five points the day before.

OIL

The oil market is falling back on Tuesday. weighed down by the prospect of an increase in production prudent increase view europe before of OPEC+ in August and by fears of an economic slowdown against the backdrop of the revenue of American customs duties.

The Brent refused 0.42% to 66.46 dollars per barrel and the American light crude (West Texas Intermediate, WTI) from 0.48% to 64.80 dollars.

Main economic indicators at the July 1 agenda

Pays GMT indicator previous consensus period

Fr 07:50 PMI index Manufacturing June 47.8 47.8*

(final)

From 07:55 PMI Manufacturing PMI June 49.0 49.0*

(final)

From 07:55 am unemployment rate June 6.4% 6.3%

EZ 08h00 PMI Manufacturing index June 49.4 49.4*

(final)

GB 08:30 am index PMI Manufacturing June 47.7 47.7*

(final)

EZ 9:00 am inflation (preliminary) June 2.0% 1.9%

USA 2:00 p.m. ISM index manufacturer June 48.8 48.5

prudent increase view europe before USA 2:00 p.m. job offers (June 7,300 survey 7,391

Jolts) millions millions

*First estimate

(Written by Claude Chendjou, edited by Augustin Turpin)

Prudent increase view europe before

Further reading: Gathering at the station against the launch of TER TransdevLack of funding | School buses could do the bush schoolDespite volatility, optimism is growing for European marketsCeva Logistics will build a base of 2,200 containers in the Kribi port areaAmazing discovery: this incredible maritime wind project promises to multiply by five the production of renewable energy at sea.

addison.bailey
addison.bailey
Addison is an arts and culture writer who explores the intersections of creativity, history, and modern societal trends through a thoughtful lens.
Facebook
Twitter
Instagram
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

- Advertisment -

Most Popular

Recent Comments