Monday, July 4

Rises for European futures after Wall Street records

*FINANCIAL MARKETS*

Financial markets expect the London FTSE to open 55 points higher, at 7,439, the Frankfurt DAX with 31 points more, at 16,052, and the CAC in Paris with 28 points more, at 7,245.

Asian stocks were firmer after Wall Street’s all-time highs on their first trading day in 2022, despite concerns that the widespread omicron variant of COVID-19 could slow the global economic recovery.

Oil prices rose ahead of a meeting where major producers are expected to maintain their plans to increase supply in February, as rising COVID-19 cases have yet to lead to lockdowns in major oil-consuming countries. fuel.

BUSINESS

Santander assumes 1,000 million of debt from its branch office Uro (Expansión)

Iberia removes its workforce from ERTE so as not to cancel connections (Expansión)

Acciona is reinforced in Australia with another work of 400 million in Perth (Expansion)

Hotels ask to stretch ERTE until summer due to the new wave of viruses (Cinco Días)

Adif suspends the 211 million euro tender for surveillance services (Cinco Días)

Apple became the first company to reach a market value of $ 3 trillion on Monday, before ending the day almost touching that mark, as investors bet the iPhone maker will continue to launch best-selling products while exploring new markets such as automated cars and virtual reality (Reuters)

Daimler CTO Markus Schaefer said the luxury automaker expects semiconductor supply to remain tight throughout 2022, especially in the first half of the year (Reuters)

ECONOMY AND POLITICS

Activity in Asian factories grew in December as companies took it easy on the rise in global cases of the new omicron variant of the coronavirus, although persistent supply constraints and rising input costs clouded expectations. outlook for some economies (Reuters)

An American jury on Monday found Theranos founder Elizabeth Holmes guilty of defrauding investors from the blood-testing startup, convicting her on four of the eleven counts (Reuters)

WORKING MARKET

– The Spanish Ministry of Labor publishes monthly unemployment report for December

SIGHTSEEING

– The INE publishes the monthly report on the entry of tourists into Spain for November (0900h)

MACROECONOMIC DATA

In Europe, Germany will publish the retail sales data for November together with the unemployment variation, figures that will also be published in Spain. In France the CPI data for December will be known and in the United Kingdom the M4 money supply. In the US, the data to follow will be the Redbook index, the manufacturing PMI and weekly crude oil reserves.

Reference-www.estrategiasdeinversion.com

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