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OF Morning Brief

23/04/2025
Source : ORISHAS FINANCE
Categories: General Information

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While investors hope that the ongoing negotiations will reduce the tariffs initially announced by US President Donald Trump, European stock exchanges are expected to open higher on Wednesday.

The Eurofins Scientific analysis laboratory announced on Wednesday that it had recorded growth of 6.9% in the first quarter and confirmed its objectives for 2025 and until 2027.

The food group Danone confirmed its financial goals for 2025 on Wednesday, after registering a first quarter that it describes as “very solid” with organic sales growth of 4.3%.

A new round of results is expected this evening after the close, with Bic, ID Logistics, Kering, Verallia, Verallia, VussionGroup and Worldline.

The President of the Republic Emmanuel Macron begins a two-day visit to Madagascar on Wednesday to try to strengthen ties between the two countries. Several agreements and contracts must be signed.
The automotive supplier OPMobility confirmed all of its objectives for the 2025 financial year on Wednesday, after seeing its economic turnover grow faster than global car production in the first quarter, a period marked by the implementation of new customs taxes in the United States.
At around 7:45am, the CAC 40 futures contract gained 1.3%, according to

data from broker IG.

Supported by the rebound on Wall Street the previous day, in the hope of an easing of tariffs, European equity futures were up on Wednesday morning. According to data from broker IG, around 7:45am, the DAX 40 futures contract in Frankfurt grew by 2.4%, while that on the FTSE 100

in London rose by 1.1%.

In Europe, the Dutch semiconductor giant ASML is holding its general meeting this Wednesday.

In renewed hope that the United States and China can negotiate a trade deal, American stocks rebounded on Tuesday. US President Donald Trump was optimistic about concluding a trade deal with China and said that the level of tariffs “will drop significantly, but will not be zero

.”

Some investors embarked on a “sell America” operation and got rid of stocks, bonds, and US dollars. Others plunged headlong to take hold of falling stocks

.

Investors also reacted on Tuesday to good results from companies in the industrial compartment, such as 3M (+8.1%) and GE Aerospace (+6.1%), before the publication of the accounts of the car manufacturer Tesla in the evening.

The Dow Jones Index recovered 2.7% on Tuesday, at 39,186.98 points. It was weighed down at the beginning of the week by the weakening of the dollar and concerns for the independence of the Federal Reserve

.

In Asia, the Nikkei index on the Tokyo Stock Exchange rose by 2% on Wednesday at the end of trading. The Shanghai Composite Index gained 0.15%, while the Hang Seng on the Hong Kong Stock Exchange gained 2.2%.

The stock rate at two years gained 1 basis point, at 3.83%. At around 7:45am, the 10-year US Treasury bond rate lost 4 basis points (0.04 percentage points), to 4.36%.

The greenback gained 0.4% against the Japanese currency, at 142.10 yen. Around 7:45am, the euro lost 0.4% to 1.1381 dollars.

The May contract for soft light crude (WTI) listed on Nymex lost 7 cents, or 0.1%, to 64.25 dollars per barrel. Around 7:45am, the June contract for North Sea Brent traded in London rose by 58 cents, or 0.9%, to 68.02

dollars per barrel.
Provided by AWS Translate

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