The main European stock markets ended yesterday’s session on a negative note, anchored very close to the day’s lows and returning a good part of the gains accumulated on Monday. The investor mood was clouded by the publication in the United States of a battery of macroeconomic references that, far from shedding light on the real pulse of the economy, sowed new doubts and fueled confusion in the markets, as we will analyze later. Added to this climate of uncertainty was the marked punishment suffered by values linked to defense and energy, two sectors that were penalized by the progress in peace negotiations to end the conflict in Ukraine.
Investors are awaiting key inflation data in the United States, which will be published tomorrow, and the meetings of the central banks of the United Kingdom and Europe, but, for now, they want to wait without abandoning the bullish sentiment. Thus, this Wednesday, the European stock markets opt for purchases again: he DAX opens with increases of 0.29% at 24,157.82 points, the IBEX 35 adds 0.33% to 16,977.20 points, the FTSE 100 advances 0.68% in the 9,751 and the CAC 40 gains 0.13% at 8,116.98 points. For his part, the Euro Stoxx 50 rises 0.39% to 5,740.
Before the opening we have known the November inflation in the UK that has been slowed down to 3.2% year-on-yearby the expected 3.5%. In October there was an increase of 3.6%. For its part, the monthly CPI fell 0.2% in November, after an increase of 0.4% in October.
On the other hand, the European Commission yesterday Tuesday unveiled a plan to lift the effective EU ban on new combustion engine cars from 2035 after pressure from the region’s automotive sector, which represents the bloc’s biggest setback in its ecological policies in recent years (
On the business level, the US Trade Representative, Jamieson Greer, threatened yesterday Tuesday to adopt sanctions to respond to the fines recently imposed by the European Union (EU) on large US technology companies, and mentioned the Spanish multinational Amadeus as one of the companies that has been able to «operate freely» in the North American country; The names of Capgemini, Publicis, DHL, Amadeus, SAP, Accenture, Siemens, Spotify and even Mistral were also mentioned. On December 5, the European Commission fined In May, the EU also imposed fines of 500 and 200 million euros on Apple and Meta for violating the Digital Markets Law, punishments that Washington strongly protested.
The pharmacist GSK wins approval in the US for a biannual drug for severe asthma but has rejected its use for another condition.
Bondalti Ibérica, subsidiary of the Portuguese group bondaltihas decided to lower the minimum acceptance condition of the voluntary takeover bid (OPA) launched on Ercros, which implies «more favorable treatment for its recipients.»
The leading British multinational in defence, aerospace and security, Bae systems, will almost halve its stake in Air Astana, selling approximately 8% of the Kazakh airline’s shares.
Pepco group It anticipates a minimum 9% increase in its core operating profit for fiscal 2026 and plans to open 250 new stores.
Other markets
The main Asian indices are moving positively, with a Japanese Nikkei rising 0.43% to 49,597 points. In China, the CSI 300 advances 1.83%, compared to the 1.19% recorded by the Shanghai SSEC. The Hang Seng in Hong Kong adds 0.85%. For its part, the South Korean Kospi gains 1.43%.
The main indices of Wall Street showed very volatile behavior yesterday, with continuous changes in direction, closing in a mixed manner, with the Dow Jones and the S&P 500 down and the Nasdaq Composite up, the latter supported by the good performance of the technology sector, specifically some of the securities related to Artificial Intelligence (AI) that had been severely punished in recent sessions. Specifically, the S&P 500 lost 0.24% to 6,800.26 points and the Dow Jones fell 0.62%, to 48,114.26 points; For its part, the Nasdaq Composite gained 0.23% to 23,111.46 points. This Wednesday, the American futures are trading with minimal increases of between 0.05 and 0.10%.
Los oil prices rise more than 1% after Donald Trump ordered «a total and complete blockade» of all sanctioned oil tankers entering and leaving Venezuela, generating new geopolitical tensions at a time of concern about demand. Crude oil futures Brent gain 1.4%, to $59.75 a barrel, while US oil futures West Texas Intermediate They rise 1.5%, to $55.95 a barrel.
Also in the raw materials market, gold futures gained 0.41% at $4,350; while the ounce of Gold recovers 0.37% to $4,318.27.
In the foreign exchange market, the Euro Dollar drops 0.35% and leaves the exchange rate at 1.1706 greenbacks for each community currency. For its part, Bitcoin recovers 1.14% and today is trading at $87,014.3.
The macroeconomic agenda Today is basically focused on Europe, where the inflation readings for the month of November will be published both in the Eurozone (final reading of the month) and in the United Kingdom. Furthermore, and in Germany, the IFO institute will release its indices that evaluate the business climate in the country, corresponding to the month of December, indices for which no major changes are expected and which will continue at depressed levels.