Due to optimism for the end of the war: increases in Europe and contracts in the USA

12:05

Trading in Europe is now mainly driven by price increases, against the background of optimism for a close deal between the US and Iran. The Frankfurt Stock Exchange rises by about 0.7%, the Paris Stock Exchange climbs by about 0.4% and the London Stock Exchange falls by about 0.1%.

At the same time, the increases in future forecasts on Wall Street also strengthened. For now, the Dow Jones index is expected to open the day with a 0.4% increase, the S&P 500 is expected to advance by 0.2% and the Nasdaq is expected to climb by 0.1%.

10:45

Trade in Europe moved to a mixed trend. The Dax index increases by about 0.2%, the Potsi index decreases by about 0.2% and the CAC advances by about 0.2%.

Bloomberg reports this morning that President Trump claimed that Iran made concessions on key issues in the negotiations with the US, and that a deal to end the war may be announced “quite soon”. Trump indicated that it may not be necessary to extend the ceasefire for two weeks with Iran, saying that “Iran wants to make a deal. They are ready to do things they were not ready to do two months ago. We have very successful negotiations going on right now.

Wall Street futures are currently trading in a mixed trend. The Dow Jones is up about 0.2%, the S&P 500 is adding about 0.1% and the Nasdaq is around the base level.

10:10

European stock markets open the day stably, after yesterday’s rally on Wall Street continued, against the backdrop of optimism for the end of the war against Iran in the near future. Also during the night, President Trump repeated the message according to which the war is expected to end “very soon”. The DAX is trading stable, the FTSE is down about 0.1% and the KAC is climbing about 0.1%.

In Asia, the stock markets are falling this morning and disconnecting from the positive sentiment on Wall Street. The Tokyo Stock Exchange fell by about 1.6%, the Hong Kong Stock Exchange weakened by about 1.2%, the Shanghai Stock Exchange retreated by about 0.1% and the Seoul Stock Exchange fell by about 0.6%.

At the same time, oil prices are falling this morning. Brent crude is trading around $98 per barrel, while US crude is trading around $93 per barrel.

Trading on Wall Street closed yesterday with slight gains – NASDAQ up 0.3%, S&P 500 up 0.2%. The two broke records for the second day in a row. The Dow Jones rose 0.2%. This was after US President Donald Trump announced a 10-day ceasefire between Israel and Lebanon, a move that may ease the broader tensions between the US and Iran. The president also ordered Vice Pres. J.D. Vance, to Secretary of State Marco Rubio and Chairman of the Joint Chiefs of Staff Dan Cain “to work with Israel and Lebanon to achieve lasting peace.”

Netflix published the results of the first quarter tonight after the close of trading.

The company reported revenues of 12.25 billion dollars, compared to an expected 12.17 billion dollars, in the corresponding quarter last year, its revenues stood at 10.54 billion dollars. Earnings per share were $1.23, well above expectations of $0.76 and $0.66 in the same quarter last year.

Compared to the good numbers, the company misses the forecast for the next quarter, $12.57 billion compared to the $12.64 billion expected by the analysts. The stock fell in late trading by about 9%.

Microsoft Balta stood out from the “Magnificent Seven” with an increase of 2%. Tesla It fell following reports that Cybertruck sales were supported by Elon Musk’s other companies, including SpaceX.

Quantum shares rose again, continuing a strong weekly rally fueled by enthusiasm around Nvidia’s new artificial intelligence models designed to advance the emerging field of quantum computing. The rally follows Nvidia’s announcement of Ising, a new family of open models aimed at accelerating the adoption of quantum computing.

Since the beginning of the week, a share I.ON.Q. It jumped by about 50%, and so did its share D-Wave Quantum . Regetti Computing increased by more than 20%.

Taiwan Semiconductor the world’s largest contract chipmaker beat profit forecasts and raised its revenue forecast for the year, indicating strong demand for AI chips despite uncertainty stemming from the war. , AMD jumped up following a recommendation, as well Intel which is trading at a five-year high of $67 per share.

Yesterday’s interesting story belongs to the surprising transition of a small shoe company, Allbirds, from woolen shoes to artificial intelligence infrastructure. The company’s stock, which announced that it intends to rebrand itself as New Bird AI, fell about 30%, a sharp but only partial correction to the rise the day before, when it jumped more than 600%. “It feels like a meme stock, where emotion takes over and judgment is thrown out the window,” said Adam Sarhan, CEO of 50 Park Investments.

US debt market

After falling earlier this week, government bond yields climbed yesterday. The 10-year yield rose over 3 basis points to 4.31%, while the two-year yield rose over 1 basis point to 3.78%.

The trend comes against the backdrop of initial unemployment claims data in the US for the week ending April 11 – these stood at 207,000, compared to expectations for 215,000. In addition, earlier this week, the Federal Reserve’s latest regional economic report, known as the “Beige Book”, was published, which revealed growing uncertainty among businesses in the US as a result of the war with Iran.

The trend may also follow President Trump’s threat to fire Fed Chairman Jerome Powell earlier this week, if at the end of his term he decides to remain as Fed governor – this, against the background of the criminal investigation that the US Department of Justice opened against him earlier this year, as part of Trump’s campaign to exert pressure on the central bank.

In an interview with the Fox network, Trump said that if Powell does not leave the Fed, “I will have to fire him. If he doesn’t leave on time – I restrained myself from firing him. I wanted to fire him, but I don’t like to be controversial. I want to be non-controversial.” Usually, moves that are perceived as harming the independence of the Fed lead to a decrease in bond prices, but the reaction of traders yesterday was relatively moderate.