Le European stock exchanges they close one sitting in a mood unstable, between mixed quarterly results and the contrasting trend of Wall Street.
Square Business yields 0,26% and retreats to 34.925 basis points, dragged into the negative mainly by stellantis -2,41, with the auto sector shaken on several fronts and the cut in estimates by the broker Intermonte. Furthermore, the European Commission confirmed how additional duties of up to 35,3% on imports are definitive of Chinese electric cars and the decision will be published tomorrow in the Official Journal of the EU, while the duties will come into force on Thursday.
In the rest of the continent they go down Madrid -0,9% and Zurich -1,19% London scores -0,81%, Paris -0,61% Frankfurt -0,25%.
Spotlight on HSBC, BP and Ford
In Europe, the spotlight has been on the accounts of two major companies listed in London: the banking giant Hsbc (+3,12%) and the oil giant Bp (-4,97%), with daily performances reflecting the market's assessment of the quarter. In New York, Ford loses 9% on the heels of nine-month earnings shown yesterday, as McDonald's holds just above parity despite a second consecutive decline in quarterly sales.
When the US markets are closed, the long-awaited numbers from the parent company will be released. Google, Alphabet (+1,31%), the first of the Magnificent Seven to lift the veil on the financial statements for the period.
The week will also be full of macroeconomic data and today, job vacancies in the United States led the way, falling in September to their lowest level in more than 3 XNUMX/XNUMX years, while August data was revised down, indicating a notable easing in labor market conditions.
In Europe, German consumer sentiment rose more than expected in November, rising to -18,3 points from a slightly revised -21,0 in the previous month.
4,3-Year Treasury Above XNUMX%, Market Bets on Trump
Meanwhile the race continues yields of T-bonds (the 4,316-year rate is at XNUMX%), on expectations of a possible victory of Donald Trump in the presidential elections. The market seems to be betting on the Tycoon, despite the polls showing him neck and neck with Kamala Harris. The fact that Trump could return to the White House and that the Republicans could win a solid majority in Congress weighs on Treasuries, due to the risk of an increase in public debt.
In the stock Trump Media & Technology Group hit its highest level since June yesterday and the gains continued in today's session.
The electoral climate also benefits the bitcoin, at its highest since June above 71 thousand dollars.
Dollar toned, gold shines
Il dollar it stays in tune, especially against the yen (153,5), with Japan plunged into political uncertainty after the elections. Theeuro sees the exchange rate weaken slightly in the 1,079 area.
The snapshot of raw materials does not suggest any dramatic changes in pace for the PetroleumCrude oil, after yesterday's 6% drop, is little moved: WTI is trading around 67 dollars a barrel and Brent at 70,6 dollars.
Instead, it regains altitude and returns to the record zonegold, which is currently trading at $2.766,19 per ounce.
Piazza Affari, Stm doing well while waiting for the US giants
In Business Square Among the best blue chips on the stock market today there is stm, +1,6%, waiting for the big tech companies to start reporting their quarterly results.
He regains his senses Iveco, +0,78%, after yesterday's slump. The stock was given some oxygen by the rumors of Il Sole 24 Ore according to which Iveco is in negotiations to participate in the mega-order for new tanks for the Italian army with the newly formed Leonardo-Rheinmetall joint venture. Leonardo, on the other hand, fell 0,72%.
Stability of oil allows for recovery at Tenaris +1,68%, best stock in the Ftse Mib.
Well the banks: Understanding + 1,18% Unicredit + 0,82% Bper + 0,93%.
At the bottom of the list, in addition to stellantis there is Pirelli -1,78%.
They retreat Getting very -2,2% and Moncler -1,85%. Weakness for utilities, with the realizations penalizing above all Hera -1,47%.
Spreads on the rise, rates rise
Tensions were also recorded today on government bonds in the Eurozone and BTPs are paying the price.
Lo spread between the Italian 122-year and German 3,56-year bonds rises to XNUMX basis points and yields are rising. The Italian bond is indicated tonight at XNUMX%.
