The main European stock markets open this Monday’s session with the German Dax by rising 0.23% in the 23,853 points, the French CAC 5,298 points. For its part, the IBEX 35 wakes up with slight subtraction of 0.08% at 13,961.80 points.
European stock markets begin a week in which investment attention will focus on US commercial policy. As you remember Juan J. Fdez-Figares, De Link Securitiesin principle, this Wednesday, July 9, the 90 -day term granted by the US administration ends to close agreements with its business partners. «Today, the US has only been able to close two commercial agreements, specifically with the United Kingdom and Vietnam, in addition to reaching an agreement of principles with China, which must be developed in the coming weeks. With the rest of the countries/regions, negotiations, or remain embroidered, or have not even taken place.»
However, investors are already getting used to these «comings and goings» of the US government, both in the commercial and in many others, so the impact initially in the markets «is less and less relevant,» they say.
At the end of Friday, the Euro Stoxx 50 dropped 1.02%, CAC 40 cut 0.77%, the DAX decreased 0.45%, and the session in London was upward for the FT 100 by 0.01%.
In the business section, the French company of Ti Capgemini services buys the WNS business services and business transformation (based in India) for a cash payment of 3.3 billion dollars. Capgemini hopes that the acquisition will immediately increase its income and its operational margin.
The macroeconomic agenda The day is charged with reference to this side of the puddle. We will have the Sentix index and eurozone retail salesbut what investors already know from early in the morning is the industrial production of Germanywhich increased by 1.2% intermensual in May, recovering from a revised decrease of 1.6% in April.
Asia, Wall Street and oil
Asian bags are dyed red this Monday, with the Japanese Nikkei falling 0.56%, to 39,587 points.
In China, the CSI 300 yields 0.48%, while SSEC Shanghai is left 0.07%. He Hang Seng Hong Kong drops 0.4%. For its part, the Kospi South Korean adds a light 0.17%.
Wall Street points to a downward opening, returning today to the activity after last Friday kept closed by the Feast of Independence.
At the moment, the futures of the S&P 500 descend 0.52% in the 6,247 points, those of the Nasdaq 100 lose 0.6% in the 22,730 points, and those of the Dow Jones go back 0.33%, up to 44,680 points.
In the raw material market, oil prices They fall after OPEC+ surprised markets increasing production more than expected in August, while uncertainty about US tariffs and their possible impact on world economic growth weigh on demand expectations.
Brent oil futures fall 0.40%, at $ 68.02 a barrel, while American crude West Texas Intermediate is $ 66.29, 0.32% less.
The euro dollar corrects 0.15%, leaving the exchange rate at $ 1,1761 for each community currency.