FINANCIAL MARKETS
The stock markets are registering moderate advances and traders are cautious, following the fall of cryptocurrencies and the massive sale of bonds worldwide caused by the imminent rise in interest rates in Japan.
Oil prices remain firm as market players assess risks from Ukrainian drone attacks on Russian energy facilities, rising tensions between the United States and Venezuela and disparate expectations for US fuel reserves.
MACROECONOMIC DATA
Today we will have:
– Spain Unemployment
– CPI and unemployment in the Eurozone
– JOLTS survey of job offers in the United States
COMPANIES
Telefónica presents its first ERE offer, which the unions reject (Expansión)
Santander will sell a 3.5% stake in its Polish unit for about $480 million, according to an underwriter (Reuters)
Meliá will open a luxury resort on the Greek island of Crete in May (El Economista)
Técnicas Reunidas reimburses the remaining 271 million euros of the SEPI loan (Reuters)
ECONOMY AND POLITICS
US President Donald Trump’s special envoy Steve Witkoff and his son-in-law Jared Kushner will meet Russian President Vladimir Putin on Tuesday to discuss a possible way to end the deadliest European conflict since World War II (Reuters)
French President Emmanuel Macron will travel to China this week for his fourth state visit, as Europe seeks to balance the economic and security threats posed by Beijing with dependence on the world’s second-largest economy at a time of global trade turmoil (Reuters)
Russian President Vladimir Putin begins a two-day visit to India on Thursday, aimed at promoting sales of Russian oil, missile systems and fighter jets, in a bid to restore energy and defense relations affected by US pressure on the South Asian country (Reuters)
Spain will resume pork exports to China from regions not affected by the swine fever outbreak (Reuters)