European markets awaiting a salvo of business results

Similarly,

European markets awaiting salvo business:

Paris drops 0.31% and Milan 0.36%. Furthermore, Frankfurt remains stable (+0.08%). Similarly, London clips 0.23%. For example, In Zurich, the SMI gives 0.38%. Moreover,

The global scholarships are evolving without joint management on Monday. For example, before a salvo of business results in the week on both sides of the Atlantic.

At Wall Street, the Dow Jones advanced by 0.56%, the NASDAQ index by 0.70%and the enlarged S&P 500 index took 0.59%, breaking a new record in session, at 6334.00 points.

“This week, the markets are entering the hard season of results,” summarizes Vincent Juvyns, strategist at ING, interviewed by AFP.

Investors are indeed awaiting numerous corporate publications. Meanwhile, In Wall Street. 135 of the 500 companies that make up the US stock index S&P 500 will publish their financial performance by Friday.

Two of the seven American technological giants, alphabet european markets awaiting salvo business (Google) and Tesla, are particularly expected.

“IBM. ServiceNow, Intel and several defense groups (RTX, Lockheed Martin, Northrop Grumman) are also on the program,” said Jim Reid, economist of Deutsche Bank.

In Europe, the Paris Stock Exchange lost 0.31% and that of Milan 0.36%. Frankfurt remained stable (+0.08%). London won 0.23%. In Zurich, the SMI sold 0.38%.

On the side of the old continent too. the results are there, with the publications of 189 of the companies listed on the pan-European stoxx Europe 600 index.

But “the atmosphere is gloomy. while the first effects of the American customs duties policy and the high increase in the euro should be felt for exporting companies,” explains Vincent Juvyns.

On the foreign exchange market, the euro still advanced 0.76% against the greenback, at 1.1707 dollars for one euro around 3:50 p.m. GMT.

Since the start of the year, the European currency has won almost european markets awaiting salvo business 13% against the dollar, adding the price of exports.

Particularly anticipated. “SAP, the largest company in the region by capitalization, will publish its results on Tuesday”, as in the week “LVMH, Roche, Nestlé and several European banks including BNP Paribas and Deutsche Bank”, adds Jim Reid.

The week will also be marked by the monetary policy of the European Central Bank (ECB) on Thursday. which is expected to leave its unchanged deposit rate (2.0%).

State debt. desired gold

Faced with uncertainties, investors buy the refuge, gold and state debts values, which melts interest rates.

The Once d’Or (31.1 grams) took 1.42% to 3397 dollars an ounce.

The ten -year American yield was around 4.35%, compared to 4.41% on Friday. The thirty -year rate reached 4.91%, compared to 4.83%.

The yield at ten years German, reference in Europe, also fell, stood at 2.61%, compared to 2.69% Friday at the end.

european markets awaiting salvo business

“There is a search for yield, faced with bad economic and commercial perspectives,” notes Vincent Juvyns.

Delivery Hero bondit

The German meal delivery specialist jumped 16.28% to 26.28 euros on Monday. after Bloomberg information that the Dutch investment fund Prosus could descend under 10% of the group’s capital, of which it currently holds almost 30%, in order to allow approval by the EU of its acquisition of Just Eat Takeaway.com, announced last February.

Ryanair takes off

Irish airline Ryanair (+5.71% at 24.44 euros in Dublin) announced a net profit of 820 million euros in the first quarter of its offbeat financial year. more than doubled compared to the previous year, boosted by prices of the raising tickets.

Oil in slight decline

Oil prices retreat on Monday. the focal length of investors turning to commercial negotiations because if they do not succeed before August 1, global demand could european markets awaiting salvo business be penalized by customs surcharges.

Brent in the North Sea barrel was exchanged at $ 68.87 (-0.59%) around 3:50 p.m. GMT, and its American equivalent, the barrel of West Texas Intermediate, at 66.97 dollars (-0.54%).

Bitcoin fell slightly 0.33% to $ 118,492.

European markets awaiting salvo business

Further reading: France is preparing the birth of a new giant of the seas who will soon have everything from a thalassocracyRenault designates an interim director and meets his decline objectives: NewsBooklet A: The rate should drop to 1.7% from August 1 | All the news in France and in the worldThis bad habit makes you lose moneyIA: X explains why Grok has become “crazy” and pro-nazi.

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