RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

OF Morning Report

27/11/2024
Categories: General Information

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

European equity markets are expected to fall before the PCE index in the United States. Thus, this Wednesday, November 27, 2024, the Eurostoxx 50 opened at 4,761.99 points (-0.79%), the CAC 40 at 7,194.51 points (-0.87%), the DAX 40 at 19,295.98 points (-0.56%), the FTSE 100 at 4,761.99 points (-0.56%), the FTSE 100 at 8,258.61 points (-0.79%), the SMI at 11,632.88 points (-0.39%), the AEX at 875.14 points (-0.48%), the Nasdaq at 19,175.58 points (+0.63%), the S&P 500 at 6,021.63 points (+0.57%) and the Nikkei 225 at 38,074.97 points (-0.95%, price at 7:20

).

On the exchange rate side, the change from the close in New York indicates that the EUR/USD is at 1.0480 (-0.10%), the EUR/JPY at 159.69 (-0.10%), the EUR/JPY at 159.69 (-0.58%) and the USD/JPY at 152.38 (-0.48%).

The Prime Minister, Michel Barnier, warned on Tuesday evening of “a fairly serious storm” on the financial markets in the event of the fall of the government, while the left and the National Rally threatened to table a motion of censure in the Assembly on the budget. Asked on TF1, Michel Barnier said that 49.3 would “certainly” be used to get the budget adopted, for

lack of a majority.

In business news, renewable energy producer Neoen lowered its adjusted gross operating surplus (Ebitda) target for 2024 on Tuesday.

Teleperformance announced that it has signed a definitive agreement to acquire ZP Better Together (ZP) from the American investment firm Kinderhook Industries, for an amount of 490 million dollars, or approximately 470 million euros.

According to the daily Les Echos, Stellantis has reduced its production target at its French sites by 20% by 2024, in a context of stalling from the European car market.

On the macroeconomic side, the household confidence index for the month of November will appear at 8:45am.

European equity markets are expected to open lower on Wednesday, as investors analyze the minutes of the latest Federal Reserve (Fed) meeting, which signalled that the US central bank would be cautious about future interest rate cuts in the event of insufficient progress in the debate inflation. At around 7:30am, the CAC 40 futures contract lost 32.7 points, or 0.5%, according to data from broker IG. The DAX 40 contract lost 15.8 points, or 0.1%, and the FTSE 100 contract gained

1.3 points.

The New York Stock Exchange rose to new records on Tuesday despite the threat of new tariffs brandished by Donald Trump, which weighed heavily on auto stocks.

The Dow Jones Index (DJIA) climbed to a new high for the second consecutive session by gaining 0.3% to 44,860.31 points. The expanded S&P 500 index, which started the session hesitantly, also set a new record, at 6,021.63

points.

The minutes of the last Fed meeting confirmed that a pause in cutting interest rates could be considered by the institution if inflation remains too high. Overall, however, American central bankers remain confident in the long-term return to inflation of 2% per year, which is the Fed's objective, according to the

minutes.

In Asia, Nikkei lost 1% at the end of the session in Tokyo. The Hang Seng gained 0.6% in Hong Kong and the Shanghai Composite gained

0.5%.

The 10-year US Treasury rate ended the session higher on Tuesday after the minutes of the November Fed meeting appeared, which hinted at a more gradual pace of interest rate cuts next year. Around 7:20am on Wednesday, the 10-year loan rate fell by 1.5 basis points to 4.295%. That of the two-year stock was almost stable, at 4.248%

.

The euro lost some ground against the dollar on Wednesday morning and fell sharply against the yen, like the greenback. The yen could benefit from the search for security by investors after Donald Trump's announcements about the imposition of customs taxes on Mexico, Canada and China. The yen “appreciated this week, probably due to its status as a safe haven currency,” said Philip Wee of DBS Group

.

Oil futures are not changing much on Wednesday morning. Press reports indicate a possible further delay in production increases planned by the Organization of Petroleum Exporting Countries (OPEC), reports ANZ

.

Media reports have reported that the meeting of the Organization of Petroleum Exporting Countries and their Allies (OPEC+) this weekend will take place online, which can sometimes indicate that the group has no intention of making big changes to its production plans.

Around 7:20 a.m., the January North Sea Brent contract listed in London gained 4 cents, to $72.85 per barrel, while the contract for light sweet crude (WTI) of the same maturity listed on Nymex rose 3 cents to $68.80 per barrel.

Provided by AWS Translate

0 COMMENTAIRE

Dans la même rubrique

17/04/2025 - Information générale

OF Brief matinal

17/04/2025 - Information générale

OF L'actualité en bref

16/04/2025 - Information générale

OF L'actualité en bref

16/04/2025 - Information générale

OF Brief matinal

15/04/2025 - Information générale

OF L'actualité en bref

15/04/2025 - Information générale

OF Brief matinal

14/04/2025 - Information générale

OF L'actualité en bref

14/04/2025 - Information générale

OF Brief matinal

11/04/2025 - Information générale

OF Brief matinal

Voir aussi

OF Brief  matinal

17/04/2025 - Information générale

OF Brief matinal
OF L'actualité en bref

17/04/2025 - Information générale

OF L'actualité en bref
OF L'actualité en bref

16/04/2025 - Information générale

OF L'actualité en bref

Publicité