The Eurozone bond is out of focus as investors look forward to the ECB policy meeting
Eurozone government bonds rose above their lowest level for several months as investors looked ahead to the European Central Bank’s policy meeting next week.
Inflation and the barrier are close to their limits, Reuters reported, citing ECB officials’ comments this week, which raised expectations of a pause in interest rate hikes. Interest rates are likely to be raised by 50 basis points, down from an unprecedented 75 basis points in October.
– Hannah Ward-Glenton
Lombard Odier: High prices for the US to avoid a hard landing
Florian Ielpo, head of macro at Lombard Odier, discusses the company’s 2023 outlook for the Federal Reserve and the US economy.
Investors think that stocks will go down in 2023 – they plan to invest in Big Tech, research said.
Retail investors were not afraid of the decline in stocks this year.
By 2023, most individual investors plan to invest one or more funds despite the cost of living crisis, according to new research from a London-based investment platform.
The majority (72%) of consumers plan to support individual stocks in the coming year, and 64% support Big Tech names such as Apple, Microsoft, Google and Meta.
Read the full story here.
Business Goes: Around Town Up 9%, Travis Perkins Down 4%
Shares of the Luxembourg trading company Aroundtown rose more than 9% in early trade to lead the Stoxx 600, while under the index, the British house builder. Travis Perkins fell 4%.
– Elliot Smith
CNBC Pro: Bank of America says two global chip stocks could rise by 75% on EV sales
The shortage of semiconductors during the increase in sales of electric cars can help increase profits and the number of chip makers, according to Bank of America.
Wall Street banks have predicted that two breakouts could see their share prices rise more than 75% on the back of the move.
CNBC Pro subscribers can read more here.
— Ganesh Rao
CNBC Pro: Is Apple a stock to buy or avoid? The two investors face each other
It’s been a tumultuous year for the tech industry, as investors flee the booming market in the face of rising interest rates, and other headwinds.
apple has been well prepared in the middle of the technical slaughter, although there are some points.
Two investors faced off on CNBC’s “Street Signs Asia” on Wednesday to make the case for and against buying the stock.
CNBC Pro subscribers can read more here.
– Weizhen Tan
European Market: This is an introductory call
European markets are headed for the opening on Thursday and investors continue to worry about recession.
The UK’s FTSE is expected to open 4 points higher at 7,493, Germany’s DAX 12 lower at 14,249, France’s CAC down 8 points at 6,653 and Italy’s FTSE MIB down 37 points at 24,204, according to data from IG .
There are no high fees or data releases.
– Holly Elliott
