The Ibex 35 and Europe are aiming for a green start to the week, with the focus on Brazil.

The Ibex 35 and the rest of the European stock exchanges point to an increase in economic activity. a green start on Monday, as the second week of 2023 begins.. The website Old Continent futures are up 0.7%.while Wall Street futures are up 0.3%.

“European stock markets should continue to thrive, taking advantage of the ripple effect of the reopening of Chinese borders.while the strength of the euro should encourage capital inflows”, commented Stephen Innes, managing partner at SPI Asset Management.

On Asia was bullish early this morning.with a particularly strong rise in the Hang Seng in Hong Kong (+1.5%), as the opening after the withdrawal of the Covid-19 measure takes hold. On the corporate front, Alibaba soared following the announcement this weekend that Ant Group founder Jack Ma will cede control of the financial technology giant.

Redmond Wong, China market strategist at Saxo Markets, notes that Jack Ma’s divestment of control of Ant and other businesses will remove some uncertainties and pave the way for the development and expansion of the group’s activities, reports “Reuters”.

In addition, the markets are also watching what is happening in Brazil on Monday, with information on the development of the situation. Bolsonaro supporters are storming Congress.who do not accept the election result, in a move very reminiscent of what happened in the United States with Trump supporters. Brazilian President Luiz Inácio Lula da Silva decreed federal intervention in Brasilia to “guarantee public safety”. It should be noted that many Spanish listed companies, starting with Banco SantanderThe Bank’s activity is largely based in the country. Whether whatever happens will affect its stock price remains to be seen.


After Eurozone CPI data, released on Friday, which slowed to 9.2% in December vs. 10.1% in November (and vs. consensus estimate of 9.7%), The US CPI for December will be released on Thursday.investors eagerly await.

“It will be another key factor in deciding whether the Fed will raise rates by 25 or 50 basis points at the February meeting. (…). The Fed’s speeches this week will also be interesting in gauging US central bankers’ interpretation of last week’s latest jobs report,” Danske Bank analysts point out.

Earnings season is also kicking off in the US. JP Morgan, Bank of America, Wells Fargo, Blackrock, Citigroup, Bank of New York and Delta Air Lines. will announce their fourth quarter accounts this Friday.


Goldman Sachs plans to to lay off up to 3,200 workers from the middle of this week.. More than a third of the cuts will come from its core business and banking units.

Bloomberg explains that laying off so many employees responds to the fact that since the end of 2018, headcount has increased by 34% and that the bank has set aside its annual exercise in laying off worst performing employees during the pandemic. .

the state of the industry, marked by slower smelting activity and lower asset prices -as well as an uncertain outlook for markets and the economy- are also pushing the US bank to cut costs.


The euro is at 1.0677 dollars (+0.31%). Oil is up 1.4%. Brent is at $79.61 and WTI at $74.81.

Gold is up 0.76% ($1,883) and silver 1.14% ($24.25).

Bitcoin gained 1.6% ($17,207) and Ethereum gained 3.6% ($1,309).

The yield on the US 10-year bond is 3.56%.

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