European bags move mixed with an eye on the ECB

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By Jack Ferson

In Europe, in the opening of the market, the Euro Stoxx 50 loses 0.28% to 4,951 points, CAC 40 cuts 0.03% to 7,327 points, the Dax sube 0.37% to 21,401 points, and the session in London begins this Thursday to el FT 100 with decreases from 0.43% to 8,240 points.

The IBEX 35 yields 0.17% to 12,915.50pantos, with the increases of securities such as Banco Sabadell 0.92% Arcellorormittal 0.67% and Acerinox 0.46% and falls for companies such as operating renewable energies 3.88%, Solaria 1,47 and acts 1.38%.

On a day when the market will be aware of the ECB. Both investors and analysts discount a new cut of the price of money in the eurozone up to 2.5%.

If produced, it will be the seventh decline since last June but will do so in an environment other than usual: already with the real implementation of tariff That year -on -year inflation of 2.2% marked by the countries of the single currency last March.

For Michael Krautzberger, Global Fixed Income Cio Global Investorsthe fall of the types that discounts the market will be a fact «continuing the path of cuts started last summer» with those new 25 basic points down, while considering that «the fears on a global commercial war have frustrated the hopes that the euro zone will begin an economic recovery sustained in 2025. The optimism generated by the tax stimulus announced in Germany has faded rapidly, replaced by fear of an imminent collapse in demand in the region. The markets have reacted rapidly to the growing risks; Now the ECB is expected to cut the types in the next two meetings, and a final type of cycle planned below 2%. «

As for results, today those of Siemens Energy, published yesterday afternoon, which has achieved A net profit of 615 million euros In its second fiscal quarter, according to the preliminary results released this Wednesday.

On its side, the company’s billing It reached 9,962 million euros, which represents an increase in the business figure of 20.7% year -on -year. This figure is an improvement in Siemens Energy’s forecasts for the second quarter, in which he expected to reach a turnover of 9,319 million euros.

Finally, Income in Siemens Gamesa reached 2,706 million euros, 16.2% more in interannual termsdespite the fall of 1% of the orders in this second fiscal quarter of the company.

Already in the Asian sessionthe financial markets rose breaking ranks with Wall Street, which fell dramatically after the president of the United States Federal Reserve, Jerome Powell, warned that the current commercial tensions could challenge the objectives of the Central Bank to control inflation and stimulate growth. However, the recovery of future Americans in the morning has marked positive trend in almost all of them

Hong Kong Hang Seng index increased 1.65% While the CSI 300 of Continental China remained stable in a volatile market. The Japanese Reference Index Nikkei 225 rose 0.85%while the broader topix index added 0.83%.

In South Korea, the Kospi index rose 0.68%, While the Kosdaq of small capitalization advanced 1.52%, after the Central Bank maintained interest rates in 2.75%, as expected by economists surveyed by Reuters.

This morning we have known that Taiwanese TSMC, The biggest chips manufacturer in the world’s contract, registered Thursday an increase of 60% to its quarterly benefit, although Your prospects have been complicated For the unpredictable commercial policies of the president of the United States, Donald Trump.

Already in Wall Street, Clearly negative session with an eye on technological values ​​although in the end, Jerome Powell’s words have marked the session down.

The president of the Fed highlighted stated that Donald Trump’s tariffs could represent a challenge for the Central Bank. Powell said during a question and answer session that Taxes could boost short -term inflation and that will probably move us even more from our goals.

And the practical consequence is that, before the May meeting, Powell has pointed out that he will expect more data on the management of the economy before changing interest ratesseeing how the American economy can evolve. That is, it still has no hurry to wait and see before lowering the price of American money.

All this in a session marked by the negative sign of technology. Nvidia’s shares fell 6.9% after the chips giant announced that it will publish a quarterly position of 5.5 billion dollars related to the export of their graphic processing units H2O to China and other countries. The company declared in a statement that the US government demanded a license to send US chips to China.

At the end last night the Dow Jones Indege that drops 1.37% and is placed at 39,669.39 points, with a S&P 500 that cuts 2.24% to 5,275.70 points and a Nasdaq OMX that loses an important 3.07% to 16,307.16 points.

For its part, in raw materials we see As oil gains traction on Thursday, it rises 0.64% in the case of Brent’s futures, reference in Europe, with levels of $ 66,26while the West Texas American advances 0.8% to $ 62.97.

The gold futures cut slightly from historical maximums, with levels for its futures of $ 3,343 per ounce.

The euro dollar yields positions in the case of the single currency, which drops 0.32% to 1,1362 units, while Bitcoin moves up on Thursday with 1,32% profits to 84,754 dollars per active.

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