The eyes of the world are focused on Nvidia The company will publish its quarterly results tonight after markets close. This is a crucial date for the markets, which await the chip giant's numbers for indications of the sector's health and the potential AI bubble. Depending on what emerges tonight, the tech rally could resume, or, conversely, trigger a wave of sell-offs in the sector, exacerbating the sell-off of recent days.
On the macro front, the report on theUS occupation, crucial for the Fed's next decisions, after the data blackout caused by the shutdown.
In this context, the European stock exchanges they are trying to bounce back after a morning in the red, supported by the positive start of Wall Street and from the decline ofinflation in the Eurozone, which fell to 2,1% in October from 2,2% in September, closer to the ECB's 2% target. At the close, Milan (-0,44%) and London (-0,47%) were negative, while the euro remained at parity. Paris, Frankfurt and especially Amsterdam, up half a point.
It stands out on the Milanese stock market Prysmian, Followed by Buzzi, Telecom Italia and Tenaris. Leonardo, the bottom of the Ftse Mib, is in deep red. There are also losses for Enel,penalized by RBC's downgrade to 'underperform', and Recordati, hit by Jefferies' target price cut.
On the secondary market, the 10-year BTP maturing in 2035 yields 3,45%, slightly down from 3,46% at the previous close, with the spread on the Bund substantially stable at 74 points. On the currency, theeuro is trading at $1,1536. On the energy front, the Petroleum travels in decline, as does the gas on the Amsterdam Stock Exchange. However, it is slightly up their.
