MILAN – European stock markets are trying to bounce back after starting to decline on a day focused primarily on American inflation data due in the afternoon. A key barometer, that is prices, to explain the next movements of the company A deer and among analysts there is a belief that there could be a halt to rate cuts at the December meeting strengthening. The impact of Trump is still visible on the Asian stock markets: despite the weakening of the yen, Tokyo closes with -1.66% heavy while the other Asian indices move in a certain order.
11:01
Frankfurt Stock Exchange: +16% Siemens Energy, 2024 profit and increase in targets until 2028
Siemens Energy marks the return to profitability in the financial year 2024 on the Frankfurt stock exchange and the increase in medium-term objectives. Around 11 am, the stock of the energy technology group registered a 16% increase to 45.26 euros, the highest level on the DAX index (+ 0.45%) and also on the Stoxx Europe 600. Since the beginning of the year, the price has come forward as a whole. by almost 280%, after being affected for a long time by the negative performance of the Spanish wind power subsidiary Gamesa.
10:54
Asian stock markets: close in particular order, fears of obligations weigh heavily
Asian stock markets close in particular order, with Chinese markets improving towards the end and reversing losses due to improved sentiment. Shanghai rose 0.51% to 3,439 points and Shenzhen 0.4% to 11,359 points. However, investors were left on edge after reports that US President Donald Trump will appoint a ‘hawk’ including Marco Rubio, Mike Waltz and Kristi Noem to key Cabinet positions. Investors also continued to assess the economic outlook in China amid weak data and a disappointing stimulus package. Key data is expected today on inflation in the US, which may confirm that the Fed’s next policy moves reduce losses at the end and fall 0.12% to 19,823.45 points.
10:52
Spotify, in the third quarter revenue rose 19% to 4 billion
In the third quarter of this year, Spotify’s total revenue grew 19% compared to last year, reaching 4 billion euros; gross margin exceeded 31.1% (473 basis points higher year-on-year) and gross profit continued to exceed 1 billion euros for the second quarter in a row. Operating income also improved, reaching a quarterly high of 454 million euros. This can be read in a note that specifies that monthly active users have grown by 11% compared to last year, reaching 640 million, and subscribers have grown by 12% compared to the last year, reaching 252 million.
10:51
Bitcoin fell 1% to $87,432
The rally in cryptocurrencies has stopped, after the strong increases recorded by the election of Donald Trump to the White House. Bitcoin, despite staying at high levels, lost 1% to 87,432 dollars, after reaching almost 90 thousand dollars in the night before the night. Ethereum (-3.8%), Binance (-2.9%) and Cardano (-7.2%) also fell. Dogecoin fell to 0.3737 (-2.01%), after yesterday’s jump to 0.4394.
10:22
EU stock markets improve
European stock markets try to rebound and turn higher, less than an hour after the start of trading. London gains 0.05%, Frankfurt rises 0.16%, Paris by 0.13% and Madrid by 0.12%. Piazza Affari indicates +0.24%.
Investors are focused on US inflation, due early in the afternoon, which could influence the Fed’s next monetary policy move. In terms of macro, the day is short, while the quarterly reporting season continues.
09:10
Europe opens up slowly
European stock markets were weak at the start of the session, after the sharp fall of the previous day. Investors’ attention is focused on inflation in the United States, which is expected to accelerate in the overall part and be stable in the main part. However, the increase in prices would not be a surprise to the Fed. Decline opening for Paris (-0.13%). There was little change in London (+0.09%) and Frankfurt (-0.05%).
08:43
Volkswagen strengthens joint venture with Rivian
German car giant Volkswagen has officially launched a joint venture with US electric vehicle maker Rivian, pledging an investment of 5.8 billion euros ($6.2 billion), 800 million euros more than expected , to accelerate the transition to electric vehicles. The partnership is expected to produce its first models based on Rivian’s advanced electric car technology starting in 2027, VW Group CEO Oliver Blume said at the launch of the joint venture in Palo Alto, California. North. Volkswagen, Europe’s largest carmaker, aims to leverage Rivian’s innovative electrical and software architecture to streamline its range of electric vehicles. The collaboration will focus on a range of technologies, including software systems, control computers and network architecture
08:35
Oil stable
The price of Brent is stable this morning. The barrel is actually traded at 71.98 dollars, with an increase of 0.13%.
2024-11-13 10:01:00
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