The stock markets today they are aiming for an increase, as the futures tell us European stock exchanges and on the Wall Street indices which yesterday closed in the balance and uncertain about the Fed's trajectory. Even the asian bags are mostly up this morning after aStellar Hypo in the field Chinese technology. At the centre of attention this morning is the rising oil prices after that Trump ordered a "total and complete" lockdown of all sanctioned oil tankers entering and leaving the Venezuela, fueling new geopolitical tensions at a time of demand concerns. In Europe, all eyes will be on data onBritish inflation decisive for the Bank of England which is expected to decide on a rate cut tomorrow. The ECB will meet tomorrow, while the Bank of Japan will meet on Friday. record increases su gold, silver and platinum.
Wall Street still uncertain about the Fed's moves, while Pfizer's accounts disappoint.
Wall Street remained unsteady yesterday, unable to make a clear direction after employment data failed to indicate a path for Fed rates, leaving investors waiting for new economic signals to arrive this week. While the Nasdaq recovered, closing up 0,23%, while the S&P 500 and the Dow Jones closed down, down 0,24% and 0,62% respectively. penalized by the decline in healthcare and energy stocks. ,
The last US employment data they signaled a cooling in the labor market, but not weak enough to suggest another short-term rate cut by the Fed, while the retail sales remained unchanged in October. After yesterday's data, markets are pricing in only about a 20% chance of a cut in January. Attention will now shift to data ontomorrow's inflation to find clues about a possible change of scenery. Today Trump will interview Fed Governor Christopher Waller for the post of Federal Reserve chairman, the Wall Street Journal.
To report, Pfizer fell 3,4% after the drugmaker forecast a difficult 2026 due to weaker sales of COVID-19 products and reduced margins. Tesla, sales of which in California could be suspended for 30 days if the company does not change its marketing practices that allegedly mislead consumers about its driver-assistance technology. Warner Bros Discovery is trying to fend off Paramount Skydance Corp.'s hostile takeover bid due to financing concerns, sources said. OpenAI is in early talks to raise at least $10 billion from Amazon.com and use its chips: a potential win for the online retailer's efforts to expand its presence in the artificial intelligence sector and compete with Nvidia Corp. Waymo, the autonomous driving division of A, is in talks to raise more than $15 billion in a funding round led by its parent company, as it nears a $100 billion valuation.
Il Nasdaq filed paperwork with the U.S. Securities and Exchange Commission to launch 24-hour stock trading, months after the New York Stock Exchange and Cboe Global Markets announced similar plans.
Meanwhile, the Trump administration has threatened retaliation against the European Union in response to attempts to tax American tech companies, identifying major companies, including Accenture Plc, Siemens AG and Spotify Technology SA, as possible targets for new restrictions or taxes.
Il dollar gained ground against all its Group of 10 counterparts, strengthening especially against the yen.euro This morning, the yield fell 0,19% to $1,1723. Treasury bonds fell slightly across the curve, with the 10-year yield rising more than two basis points to 4,17%.
Tech stocks shine in Asia, boosted by MetaX's stellar IPO in China.
Le technology stocks gained ground in Asia after two days of sales, driven by enthusiasm for the Chinese manufacturer of chips MetaX Integrated Circuits Shanghai Co. which has earned up to 755% on its stock market debut, on investors' hopes that the government will continue to reduce its dependence on U.S. chips. Earlier this month, Moore Threads Technology had debuted with a similar performance after raising $585,8 million in its initial public offering. Meanwhile, still in China, the real estate company China Vanke on the brink of bankruptcy is still seeking to extend the grace period for paying a 2 billion yuan ($283,6 million) bond to 30 trading days from the current five, underscoring the lingering difficulties plaguing the real estate sector. Hang Seng of Hong Kong is at +1%. CSI 300 of the stock markets Shanghai and Shenzhen +2,2%. The yuan It is at its highest level in the last eighteen months against the dollar.
In Japan, the index Tokyo Nikkei is in a slight callus awaiting the monetary policy decision of the Bank of Japan Friday. The exports Japanese exports to the United States have returned to growth for the first time since Donald Trump announced basic tariffs in early April. Increased sales to the U.S. have offset the decline in exports to China, while the possible effects of the diplomatic tensions between Beijing and Tokyo On trade. According to data released Wednesday by the Ministry of Finance, overall exports grew 6,1% year-on-year in November, exceeding economists' expectations, driven by semiconductor components and medical products. Shipments towards the United States and the European Union increased by 8,8% and 19,6% respectively.
In South Korea, Seoul's Kospi index is +0,4%. In India, the BSE Sensex index is down 0,2%. Attention was also focused on the Indian rupee, which gained 1% after thecentral bank intervention which aggressively sold dollars to support the currency.
The movements were more pronounced in the market of raw material, with the Petroleum Crude oil rose more than 1% after U.S. President Donald Trump ordered a blockade of oil tankers entering and leaving Venezuela, raising concerns about supplies from the OPEC member.silver reached a record high of over $66 an ounce, while the'gold is above $4.330 an ounce, recovering from a modest decline in the previous session that had interrupted a five-day streak of gains and is now not far from the all-time high of $4.381 reached in October. Platinum rose for a fifth day, hitting its highest since 2011. Bitcoin down 0,8% to $87.000.
European stocks opened higher. At the Milan Stock Exchange, eyes were on Stellantis, Fincantieri, and Danieli.
European stock markets are expected to rise. The Eurostoxx 50 futures index for March is up 0,3%.
CampariLagfin, the Luxembourg-based holding company that controls the Aperol group, has settled its dispute with the Italian Revenue Agency and will pay €405 million over four years to the Italian tax authorities. Specifically, €152 million will be paid by December 31, using resources already set aside for this eventuality, while the remainder will be paid in quarterly installments from June 2027 to September 2029.
StellantisThe European Commission has unveiled a package of measures for the automotive sector, including the lifting of its ban on the sale of new cars with internal combustion engines starting in 2035. Stellantis believes the proposal does not significantly address the problems the sector is currently facing.
Fincantieri It envisages expanding production capacity at Italian shipyards, with a focus on defense. Meanwhile, the Italian government has asked Parliament to approve a €2,4 billion investment over 15 years for the maintenance and modernization of frigates.
GeneraliUBS upgrades its stock to BUY, with a target price of €40.
SaipemCOOEC JV favored for $5 billion+ Qatar project
Ariston which has signed an agreement with subsidiaries of Carrier Global to acquire 100% of Riello Group and Riello America, a historic Italian operator in the air conditioning sector. The price agreed upon was €289 million, equivalent to approximately 5 times the expected adjusted EV/EBITDA ratio in 2026, including estimated run-rate synergies.
DanieliAlphaValue raised its rating from reduce to add and its target price from 53,6 to 63,6 euros.
