Tuesday, February 7, 2023

European stock markets open higher without reference to Wall Street or London

According to futures one hour after opening, European stock markets may open with a gain of about 0.4%. Today again moderate volume trading is expected as it is a holiday in many stock markets like United States, United Kingdom, Switzerland, Australia, Japan, Hong Kong, Singapore, China.

December Manufacturing PMI Data Released Today in major economies. Portugal releases consumer and business confidence for December; France issues debt in 3, 6 and 12 months. In Spain, manufacturers and distributors disseminate data on the development of vehicle registrations at the end of 2022.

During the week, we await the CPI for the euro area for December, which may moderate or retail the minutes of the Fed’s last meeting in the United States and on Friday we have unemployment data in the United States . and non-farm payrolls creation for December.

business leader

Santander Bank Starting the year with a new CEO, mexican hector grisi who He replaces Jose Antonio Alvarez and takes over the reins at a time when the bank is expected to post a record annual profit.

Among Grisi’s challenges are promoting digitization and controlling the default rate, as pointed out by Victor Pirro, director of analysis at GVC Gesco, and Álvaro Blasco, director of AtlCapital, at Capital Radio.

Analysts Consulting also focused on Santander value. Although it has recovered the value lost during the pandemic in 2022, it is still a far cry from 2018 levels. We’ll have to see what changes Gricei is implementing at the bank. key appointment, next February 28 when Santander will celebrate Investor Day where it can draw the lines of strategy and Dividend Police. The bank currently distributes 40% of profit among its shareholders through cash and share buybacks.

Furthermore, as a banker with ties to Mexico, analysts also expect him to strengthen Santander’s presence in that country.

airbus The newspaper Les Echos reported that Atos has begun exploratory talks to acquire a minority stake in Consulting Group’s Avidian cyber security unit.

Nation World News Desk
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