European stock markets interpret that there will be delay in tariffs and continue upwards

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By Jack Ferson

European stock markets interpret that there will be delay in tariffs and continue upwards

He DAX rises 0.3%, over 24,123 points, the FT-100 It remains flat in the 8,806 points, the CAC-40 Open with 0.13%increases, over 7733 points, Eurostoxx 50 rises 0.15%, to 5,348.35 points and the FTSE MIB It starts from the 40000 points after climbing more than two tenths at the opening. The IBEX 35 starts on Tuesday with 0.21% increases at 14,103.40.

With these increases, European stock markets seem to have positively interpreted the intentions of the Trump administration on tariffs. While Trump and his team had threatened to start sending letters to their commercial partners, unilaterally imposing new tariffs, basically recovering the “reciprocal” rates of early April, with the intention of forcing them to speed up trade negotiations, alson opened the possibility of lengthening the 90 -day period initially stipulated for the aforementioned negotiations.

From Link Securities recognize that the key is to see Trump’s true intentions. «If this aggressive tactic is a negotiation technique or if, on the contrary, the objective is to apply rates elevated to all its commercial partners, which could become a» commercial war «in full rule, with consequences for world economic growth and for unpredictable inflation,» says Juan José Fdez Figares, IICs manager of the firm.

On the corporate side, the low -cost airline Norwegian He has agreed to purchase three Boeing 737-800 planes, currently leased to the airline. The agreement is expected to close in the third quarter of this year and will initially be financed with the company’s cash reserves. Norwegian, meanwhile, seeks long -term financing after completion, the company reported in a statement. The airline indicated that it hopes to register a non -recurring gain of approximately 260 million Norwegian crowns (25.76 million dollars) as a result of the agreement.

The Italian authorities have appointed a special commissioner to help the Danish pharmaceutical Novo Nordisk to quickly meet the promised investment of 2 billion euros (2,340 million dollars) in a factory south of Rome. As part of the acquisition of the Pharmaceutical Catalant by Novo Holdings last year, Novo Nordisk acquired a plant in Italy along with two others, one in Belgium and one in the United States.

The production of Stellantis vehicles in its Italian plants decreased by 27% in the first semester compared to the same period of the previous year, which points to a new fall in production this year after a strong fall in 2024, as the FIM CISL union declared on Monday. Stellantis, owner of Fiat and directed since last month by the new general director Antonio Filosa, presented in December a plan to reactivate production in Italy, which has been affected by the weak European demand, especially electric vehicles, high energy costs, the growing Chinese competition and a renewal of the range of models.

Nestle’s recent announcement about the resignation of President Paul Bulcke occurs after the growing restlessness of investors for the price of the actions of the food group, the mandate of former executive director Mark Schneider and the concern that his corporate governance model was obsolete, according to reuters. The support for Bulcke, 70, was decreasing due to doubts about Nestlé’s recovery after the pandemic, when sales volumes collapsed in 2023, since the largest manufacturer of packaged foods in the world increased prices to compensate for the increase in raw material costs, according to four Nestlé investors.

UBS faces two demands filed by investors who claim that the old Credit Suisse He disappointed them before his disappearance in March 2023 with false and deceitful statements about his financial situation, as a US judge ruled on Monday. The American District Judge Colleen McMahon, in Manhattan, declared that Core Capital Partners could sue on behalf of the US Department of Justice. UU. To buyers of the additional level 1 bonds of Credit Suisse, whose amortization to zero was ordered by a Swiss regulator as part of the rescue of said bank by UBS.

Among the macroeconomic references in Europe, exports, imports and commercial balance of France and Germany stand out.

In the United States, the weekly API oil reserves are published and this Tuesday we will know the short -term energy forecast of the Energy Information Administration (EIA).

After a downward closure on Wall Street, future feet up. The future of Dow Jones remains flat at 444,406 points, the S&P 500 0.13%is recorded, over 6,237 points and the future of Nasdaq 100 advances 0.2%, over 22,749 points.

Petroleum prices go back after almost 2% in the previous session, while investors evaluate new events on US tariffs and an increase in OPEC+ production for August greater than expected. At this time, the future of Brent oil is left 0.3%, over $ 69.36 the West Texas loses more than four tenths, over $ 67.65.

In the currency market, the euro dollar rises 0.2%, over $ 1,1734 and among cryptocurrencies, Bitcoin yields more than half a percentage point, over 108,128 dollars and Ethereum falls 0.5%, to 2,551 points.

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