EUR 100.00 For Business Accounts Only

IBERIAN DAILY 09 FEBRUARY + 4Q’25 RESULTS. HIGHLIGHTS (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: MAPFRE, TALGO.

At the end of today’s report, and during the entire results season, we will include a presentation with positive and negative results highlights and previews for the 4Q’25 results to be released over the coming days in Spain.

Stock markets remain volatile
It was a volatile week on European stock markets after the ups and downs in basic materials and doubts about the valuation of AI companies. In the STOXX 600, the best-performing sectors were Food and Telecoms (traditionally defensive), whereas Media and Technology were the worst performers. On the macro side, in Germany December’s industrial output slowed down more than expected, as it did in Spain as well. In the US, February’s preliminary U. of Michigan consumer confidence rose more than expected. In Japan, the Liberal Democratic party of the PM S. Takaichi secured supermajority in the general elections with 316 seats (out of 465), which will speed up her tax cut and spending plan programme. On the political front, talks between the US and Iran continue although D. Trump threatened with the implementation of 25% tariffs to Iran’s trade partners. In US business results, Biogen beat expectations, Philip Morris and Ventas were in line.
What we expect for today
European stock markets would open with gains, with better performance from the Technology sector. Currently, S&P futures are flat (the S&P 500 ended +0.4% higher vs. the European closing bell). Asian markets are rising (China’s CSI 300 +1.5%, Japan’s Nikkei +4.2% and South Korea’s Kospi +3.9%).
Today in the euro zone we will learn February’s Sentix index and in Mexico January’s inflation. In 4Q’25 US business results Lowes, Waters, Amkor and Good Year, among others, will release their earnings.