FINANCIAL MARKETS
Asian stock markets advance after the strength recorded on Wall Street overnight, although a new drop in Oracle’s share price caused nervousness in the technology sector.
Oil prices rise on concerns about disruptions to Venezuelan supplies, although they remain on track for a weekly decline amid market caution and optimism about the prospects for a peace deal between Russia and Ukraine.
MACROECONOMIC DATA
Today we have:
– CPI of Spain, Germany and France
– GDP and industrial production of the United Kingdom
– M2 money supply and new loans from China
COMPANIES
GIP rejects giving up power on the board of Naturgy (Expansión)
Trump reinforces Repsol with twelve fields in the Gulf of Mexico (El Economista)
Indra buys a 24.8% stake in the emerging technology company FYLA (Reuters)
Italy distributes 922 MW of solar to Acciona, X-Elio, Zelestra and eight other Spanish companies (El Economista)
Brussels will review the purchase of MasOrange by France and delays the 425 million bonus (El Confidencial)
Sacyr signs a forward contract for 10 million shares at 3.74 euros (Reuters)
Realia awards FCC Construction a construction contract for 15.3 million euros (Reuters)
Vidrala agrees to buy the Chilean Cristalerías Toro for 77 million euros (Reuters)
Inocsa presents information on the impact of GCO’s dividend for adjustments in the exclusion and forced sale price (Reuters)
Soltec signs documents to implement global debt restructuring (Reuters)
Oracle slumps as gloomy forecasts, rising spending fuel concerns about AI bubble (Reuters)
ECONOMY AND POLITICS
Ukraine has presented the United States with a revised 20-point framework to end its war with Russia, President Volodymyr Zelensky said on Thursday, adding that the issue of ceding territory remains a major sticking point in the negotiations (Reuters)
The United States imposed new measures against Venezuela on Thursday, including sanctions on three nephews of President Nicolás Maduro’s wife, as well as six tankers and shipping companies that transport Venezuelan crude (Reuters)
The number of Americans filing for unemployment benefits for the first time rose last week by the largest amount in nearly four and a half years, but this increase is likely not indicative of a significant weakening of labor market conditions as claims data is volatile at this time of year (Reuters)
The European Central Bank proposed on Thursday to simplify banking regulation, aiming to reduce regulatory complexity without easing the overall financial burden, prompting criticism from lenders who had hoped for further relief (Reuters)