At approximately 08:45 in Lisbon, the EuroStoxx 600 rose by 0.05% to 575.08 points.
The stock markets in London, Frankfurt, and Milan advanced by 0.03%, 0.09%, and 0.04%, respectively, while those in Paris and Madrid depreciated by 0.02% and 0.16%.
Lisbon’s stock market maintained the opening trend with its main index, PSI, climbing 0.26% to 8,271.45 points, against a new high since January 2010 of 8,484.01 points on November 5.
The week starts in Europe with the EU’s economic forecasts, the Bundesbank’s monthly report, Italy’s CPI (inflation), and the Rightmove housing price index in the UK.
In Spain, the Ministry of Economy will present a revised growth outlook to the Council of Ministers on Tuesday, raising it by two-tenths to 2.9% for 2025, confirmed ministry sources.
In Asia, Tokyo’s main stock index, the Nikkei, fell 0.1% today, marked by significant declines in retail and tourism companies due to tensions between China and Japan following comments on Taiwan by Japanese Prime Minister Sanae Takaichi.
The Shanghai stock index dropped 0.46% today, Shenzhen’s lost 0.11%, and Hong Kong’s Hang Seng was down 0.99% shortly before the session’s end.
Japan’s GDP contracted by 0.4% from July to September compared to the previous quarter, mainly due to a decline in exports prompted by U.S. tariffs.
Futures on Wall Street are showing gains, with increases of 0.29% for the Dow Jones and 0.95% for the Nasdaq.
The Dow Jones closed on Friday with a fall of 0.65% to 47,147.48 points, against a new high since its inception in 1896 of 48,254.82 points observed on November 12.
The Nasdaq, a high-tech index, closed up 0.13% to 22,900.59 points, against a new all-time high of 23,958.47 points on October 29.
The U.S. Department of Transportation announced on Sunday the end of air travel restrictions due to the government ‘shutdown’ and that normal operations in the National Airspace System will resume today.
In the U.S., this week’s attention is on Nvidia’s earnings, set to be released on Wednesday, amid renewed concerns of an artificial intelligence (AI) bubble.
The housing market index and building permits, along with the minutes from the last Federal Reserve (Fed) meeting, where interest rates were cut by a quarter point, will also be published.
Brent crude, Europe’s benchmark oil, for delivery in January 2026, is declining to $63.90, compared to $64.39 on Friday.
The price of gold, traditionally considered a safe haven in uncertain times, rose today with the ounce trading at $4,092.28, compared to $4,084.06 on Friday, and the current all-time high of $4,347.86 on October 20.
In the debt market, Germany’s 10-year bond yields dropped to 2.708%, from 2.719% on Friday.
The euro decreased to $1.1615 in the Frankfurt foreign exchange market, from $1.1621 on Friday, and the new four-year high of $1.1865 observed on September 16.
