An uneventful week for European stock markets thanks to the holiday period and some macroeconomic data capable of changing investor sentiment. However, the movement in the markets is remarkable. Petroleum And of Gas Who pushed Energy reserves on the gradient and beyond. Brent is now consistently above 76 euros per barrel, while US WTI has crossed $73 per barrel. Gas also continued its bullish trend in recent weeks – +14% in the last two, reaching 50 EUR/MWh this week, the highest level in more than a year. While disruptions to the residual flow of Russian gas through Ukraine were a factor, Goldman Sachs highlighted that the main factor in the tightening of northwest European gas fundamentals this winter was the current weather average for the next two weeks. is colder, which helps with less wind strength. And Norway’s output shutdown was seen in December.
Macroeconomic Framework
Indications from the manufacturing sector also indicated it was a week. ‘Manufacturing PMI index China, despite falling from 50.3 to 50.1 points last month, still managed to stay above the 50-point threshold that separates growth from contraction: an indication that the Chinese economy is maintaining a moderate growth rate. By the Beijing authorities and the third consecutive month of growth in industrial production due to the stimulus measures implemented. Data from the United States was also positive and exceeded analysts’ expectations for the sector: the ISM Purchasing Managers’ Index stood at 49.3 points, up from 48.4 points last month, higher than analysts expected. estimated that 48.2 points.
Today’s meeting
They close with everyone. The markets of the old continent showed a negative sign.. Frankfurt showed a decline of 0.59%, a moderate contraction for London, which fell by 0.44%, and a terrible performance for Paris, which recorded a decline of 1.51%. Also a negative session for Piazza Affari, with the FTSE MIB leaving 0.72% on the floor, breaking a positive streak of three consecutive gains that started last Friday. At the top of the most important shares in Milan, Saipem made a good increase, reporting +2.18% compared to the previous one.
Headlines of the week
Negative sales figures in Italy in December, but generally during 2024, were penalized. Stellar That was the worst in the last session of the week in Milan, which closed at -3.52%. In December the group registered 24,411 units in Italy, down 18.1% from the previous year, also losing in terms of market share, which fell to 23.1% from 26.8% in December 2023. In all of 2024, Stellenbosch registered 452,615 cars, down 9.9 percent. 502,546 compared to 2023 and the market share has decreased from 32 percent to 29 percent.
Turned out to be the worst. Campari which closed at -5.21 percent following the publication of a report by White House Public Health Advisor Vivek Murthy on the link between alcohol and cancer risks. i relationship The idol Highlighting that alcohol consumption in the United States is “the third leading cause of cancer, after tobacco and obesity”, in particular, changes in regulations and greater public awareness of these dangers on the labels of alcohol-containing products. Recommends an emphasis on awareness.
