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 4Q’22 results to be released over the coming days in Spain.
Gains on stock markets awaiting the Central Banks
The week ended with gains on the main stock markets awaiting the central banks’ meetings on 01 and 02 February (Fed, BoE and ECB). The IBEX 35 ended the week up more than +1%, as did the Euro STOXX 50, whereas the DAX lagged slightly. The best-performing sectors in the Euro STOXX were Banks and Technology, whereas Consumer Goods and Retail ended with the worst relative performance on the week, closing with losses. On the macro side, in Spain, the 4Q’22 GDP rose a surprising +0.2%, ending the year at +2.7% growth. In the US, pending home sales rose unexpectedly, whereas real personal outlays for December fell more than expected and the underlying consumption deflator fell in line with expectations. In China, the PBoC has extended the 3 tools to boost the green sector through 2024. This week, on the 1st of February the UK will face its biggest strike over the past years, and tomorrow France’s pension strike could lead to a loss of public transport. In US business results, Chevron and American Express came in below expectations, with Colgate in line.
What we expect for today
The European stock markets would open with drops of as much as -0.5%, with growth stocks leading losses. Currently, S&P futures are down -0.33% (the S&P 500 ended -0.07% lower vs. the European closing bell). Volatility in the US dropped (VIX 18.51). Asian markets are rising (China’s CSI 300 +0.47% and Japan’s Nikkei +0.19%).
Today in Spain we will learn January’s inflation (pre) and December’s retail sales and in the EMU January’s economic climate indicator. In US business results, Whirlpool, GE Healthcare and Franklin Resources, among others, will release their earnings. In debt auctions: Germany (€ 5 Bn in 6M and 12M t-bills).
IBERIAN DAILY 30 JANUARY + 4Q’22 RESULTS. HIGHLIGHTS AND 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 4Q’22 results to be released over the coming days in Spain.
Gains on stock markets awaiting the Central Banks
The week ended with gains on the main stock markets awaiting the central banks’ meetings on 01 and 02 February (Fed, BoE and ECB). The IBEX 35 ended the week up more than +1%, as did the Euro STOXX 50, whereas the DAX lagged slightly. The best-performing sectors in the Euro STOXX were Banks and Technology, whereas Consumer Goods and Retail ended with the worst relative performance on the week, closing with losses. On the macro side, in Spain, the 4Q’22 GDP rose a surprising +0.2%, ending the year at +2.7% growth. In the US, pending home sales rose unexpectedly, whereas real personal outlays for December fell more than expected and the underlying consumption deflator fell in line with expectations. In China, the PBoC has extended the 3 tools to boost the green sector through 2024. This week, on the 1st of February the UK will face its biggest strike over the past years, and tomorrow France’s pension strike could lead to a loss of public transport. In US business results, Chevron and American Express came in below expectations, with Colgate in line.
What we expect for today
The European stock markets would open with drops of as much as -0.5%, with growth stocks leading losses. Currently, S&P futures are down -0.33% (the S&P 500 ended -0.07% lower vs. the European closing bell). Volatility in the US dropped (VIX 18.51). Asian markets are rising (China’s CSI 300 +0.47% and Japan’s Nikkei +0.19%).
Today in Spain we will learn January’s inflation (pre) and December’s retail sales and in the EMU January’s economic climate indicator. In US business results, Whirlpool, GE Healthcare and Franklin Resources, among others, will release their earnings. In debt auctions: Germany (€ 5 Bn in 6M and 12M t-bills).
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.