Report
EUR 100.00
For Business Accounts Only
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 1Q’25 results to be released over the coming days in Spain.
Europe spurs gains
Following Trump’s announcement that he will reduce tariffs on Chinese electronics (he also mentioned that he could temporarily suspend the tariff on vehicles, but that he was moving forward with his plan to place tariffs on semiconductors and pharmaceutical products), European stock markets rallied close to +2.5%, with the ibex breaking above 12,500 points. Within the STOXX 600, all the sectors ended with gains, led by Banks and Energy, with the defensive sectors Food and Utilities posting the smallest gains. With no relevant macro releases, in US business results, Goldman Sachs beat expectations and M&T Bank released worse earnings than expected.
What we expect for today
Stock markets would open with slight losses in a session lacking important macro releases and still pending tariff announcements. The Automobile sector will rise thanks to the expectations of a reduction to tariffs. Currently, S&P futures are down -0.2% (the S&P 500 ended flat vs. the European closing bell). Asian markets are mixed (China’s CSI 300 -0.35% and Japan’s Nikkei +1%, boosted by autos).
Today in the euro zone we will learn February’s industrial output, in Germany April’s ZEW index and in the US March’s import prices. In US business results, Bank of America, Citigroup and United Airlines, among others, will release their earnings.
IBERIAN DAILY 15 APRIL + 1Q’25 RESULTS. PREVIEWS (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: N/A.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 1Q’25 results to be released over the coming days in Spain.
Europe spurs gains
Following Trump’s announcement that he will reduce tariffs on Chinese electronics (he also mentioned that he could temporarily suspend the tariff on vehicles, but that he was moving forward with his plan to place tariffs on semiconductors and pharmaceutical products), European stock markets rallied close to +2.5%, with the ibex breaking above 12,500 points. Within the STOXX 600, all the sectors ended with gains, led by Banks and Energy, with the defensive sectors Food and Utilities posting the smallest gains. With no relevant macro releases, in US business results, Goldman Sachs beat expectations and M&T Bank released worse earnings than expected.
What we expect for today
Stock markets would open with slight losses in a session lacking important macro releases and still pending tariff announcements. The Automobile sector will rise thanks to the expectations of a reduction to tariffs. Currently, S&P futures are down -0.2% (the S&P 500 ended flat vs. the European closing bell). Asian markets are mixed (China’s CSI 300 -0.35% and Japan’s Nikkei +1%, boosted by autos).
Today in the euro zone we will learn February’s industrial output, in Germany April’s ZEW index and in the US March’s import prices. In US business results, Bank of America, Citigroup and United Airlines, among others, will release their earnings.
Provider
Sabadell
Research Department
Other Reports from Sabadell
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.