Trade overview: current reports, trends, indices, stock prices, bonds, foreign exchange and commodities and analyst recommendations
14:45
Trade in Europe continues to decline. The DAX index falls by about 1.4%, the FTSE weakens by about 0.2% and the KAC loses its value by about 0.8%.
The stock of the European aviation giant Airbus Plunging more than 9%, after reports that the company discovered a transverse defect in dozens of A320 aircraft. Reuters reported that the defect affects the body panels of the planes and delays certain shipments, but at the moment there are no indications that it exists in the planes that are currently operating.
11:35
Trade in Europe continues to decline. The DAX loses its value by about 0.7%, the KAK drops by about 0.2% and the FTSE retreats by about 0.1%.
Defense stocks in Europe are registering significant declines, against the background of progress in negotiations to end the war between Russia and Ukraine. Among the decliners, you can see the shares of the companies Rheinmetall , Rank andHensoldt .
10:15
Europe
European stock markets opened the month of December with falling rates. The Dax and Kac indices both fall by about 0.6%, while the Putsy loses its value by about 0.2%. The declines come when, in the background, trading in the futures contracts on Wall Street is also running in a negative trend.
Investors in Europe are expected to closely monitor the negotiations for a peace deal that will end the war between Russia and Ukraine. Steve Witkoff, Trump’s special envoy, is expected to travel to Moscow for talks with President Putin and other Kremlin officials.
Asia
In Asia, the stock markets traded in a mixed trend. The Nikkei index falls by about 1.8%, the Hang Seng climbs by about 0.7%, the Shanghai Stock Exchange falls by about 0.5% and the Kospi loses its value by about 0.5%.
CNBC reported that factory activity in China shrank surprisingly in November, according to a private survey published this morning. RatingDog China’s Purchasing Managers’ Index, compiled by S&P Global, dropped to 49.9 points in November – this, when a reading above 50 points indicates an expansion in activity and vice versa. The figure for the month of November is a drop compared to the expectations of the analysts surveyed by Reuters who expected 50.5 points. Thus, the trend of slowing activity that was also recorded in September and October continues.
The official Purchasing Managers’ Index published yesterday in China showed that factory activity in the country contracted for the eighth consecutive month in November, and stood at 49.2 points – although this is a slight improvement compared to the figure of 49 points recorded in October.
Wall Street
On Wall Street, trading is expected to open today after the leading indices concluded a week of rate increases. The Nasdaq and S&P 500 rose about 3.7% and 4.9%, respectively, with the Dow Jones climbing about 3.2%. Seasonality is also in Wall Street’s favor, as the S&P 500 is up more than 1% on average in December.
“I’m a little more positive about the prospect for a positive December, given last week’s sharp rally, which helped the broader market begin to recover after a difficult period in early November,” Mark Newton, technical strategist at Fundstrat, wrote late last week. “It seems that the stock market is becoming more relaxed in the face of the increase in the probability of an interest rate cut in December.”
However, futures on Wall Street are signaling declines this morning. The Dow Jones is currently expected to fall by about 0.5% at the start of the trading day, the S&P 500 is expected to fall by about 0.7% and the Nasdaq is expected to fall by about 0.9%. There are also declines in the crypto market, with Bitcoin trading around $86,000 this morning.
Commodities and currencies
Bitcoin is falling this morning and is trading around a price of $86,000, which is more than 30% away from its peak. Marcus Thielen, CEO of the research company 10X, told Yahoo Finance that the amount of money that went out of hedge funds that follow bitcoin in November was $3.5 billion – the largest amount since February. According to him, the trend is expected to make it difficult for the price of the currency to recover in the near future.
Oil prices are jumping by about 2% this morning, after the OPEC+ organization reaffirmed its plan to halt oil production increases during the first quarter of 2026, amid growing concerns about an oversupply in the world oil market. The price of a barrel of American-type oil now stands at $59.8 and the price of a barrel of Brent oil is about $63.6.
Macro
A series of macro data that will be published during the week, including the Purchasing Managers’ Index, the ADP Employment Index and the PCE Index (the Fed’s preferred inflation index), is expected to a large extent to decide the direction in which the markets will go toward the end of 2025 – this, alongside a speech that Fed Chairman Jerome Powell will deliver tomorrow. Later today, the Purchasing Managers’ Index and the ISM Index in the manufacturing sector are expected to be published. Thus, the Federal Reserve is expected to receive recent data that will shed light on the state of the American economy, after their publication was prevented due to the shutdown of the US government.
The data will be particularly critical for markets overseas, mainly because the apparent weakness in the US labor market tipped the scales in favor of the Fed’s last two interest rate cuts. This, when the growing expectations in the market for an interest rate cut in December (the markets are pricing in a cut with a probability of about 86%), were among the prominent factors that drove the increases recorded on Wall Street last week.
forecast
Jefferies Investment Bank believes that the performance of the markets – which were “very narrow this year” (that is, relatively few stocks led the market up) – is expected to expand in the coming year, due to better growth in earnings among small and medium-sized stocks. In addition to this, the bank marks two cheap stocks that are expected to produce strong performance during 2026. Both trade below a market value of $55 billion, are expected to show improvement in growth in profits or sales, and provide, according to the bank, “growth at a reasonable price.”
Lattice Semiconductor – According to the bank, the chip company’s stock is an “attractive buying opportunity”, due to its strong positions in the field of AI and in the edge computing markets. Among the catalysts that will support the stock in the near future, the bank notes “deployment of next-generation servers, continuous investments by hyperscalers and a growing share in the field of mid-range FPGA chips.” Jefferies set a target price of $85 for the stock – which reflects an upside of about 21% compared to its closing price last Friday.
Entergy – The bank points out that the share of the energy company, which provides infrastructure to the states of Louisiana, Arkansas, Texas and Mississippi in the USA, is “one of our strongest infrastructure ideas, and is among the companies with the best exposure to growth in data centers.” Jefferies set a target price for the stock of $116 – which reflects an upside of about 19% compared to its closing price on Friday.
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