ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 04/06/2025

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 06/04/2025

IBERIAN DAILY 04 JUNE (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ACS, ELECTRICITY SECTOR, INDRA, SOLARIA. Sideways markets, awaiting news Except for the IBEX, which saw profit taking (-0.7%), European stock markets rose slightly awaiting progress in trade talks (Xi Jinping and D. Trump would talk next Friday). In the STOXX 600, the best-performing sectors were Energy (leader for the second straight day, with Brent rallying above US$ 65.80) and Technology, whereas Media and Basic Materials suffered the biggest losses. On the macro side, in the euro zone, for the first time in the past eight months inflation came in below the ECB’s target after...

Credit Morning 06/06/2025

Séché Environnement offers to acquire the Flamme group for €300m|

Oddo’s 2 Weeks Ahead_Friday 06 June 2025

US: surveys point towards risk of stagflation

Economic policy choices in the United States are inconsistent. Some find reassurance in saying that Trump always backtracks (or chickens out) when the consequences of his actions are too negative. It's all just noise. In reality, what we observe is that to get out of a difficult situation, the US president often just opens another equally uncertain front (for example, seeking reconciliation with China on trade while intensifying the pressure on Europe). As the latest confidence surveys attest, this is prompting a “wait-and-see” stance amongst economic agents: pushing back of investments, postp...