The skyscrapers on the horizon of European Central Bank offices in Frankfurt, Germany, on Monday, November 25, 2024.
Bloomberg Bloomberg Gety pictures
Next week, CNBC teams have returned on the road – and everything related to banks and European Central Bank. From Frankfurt to Milan, and Paris to London, focus on financial statements.
The banking bell
The markets seem to return to the financial sector to maintain the momentum of positive profits this quarter. City described the first quarter as “significantly flexible”, as analysts expect now Stoxx 600 The growth growth for each share for a positive conversion on an annual basis this quarter.
Many of this optimism focuses on large banks, while other sectors such as luxury, cars and energy have been afflicted with profit reduction.
Unicredit Things start on Wednesday. The Italian banking giant will try to keep investors focus on numbers, rather than the aspirations of integration and purchases. While moving Commerzbank It has witnessed that it increases its share to 20 % BPM BankAfter the Italian court prevented this step until other conditions are met. The stock has risen more than 50 % so far this year, providing some chanting to CEO Andrea Orels as he fights to maintain his expansion plans on the right track.
French Finance BNP Paribas The largest lender in the euro area by assets – profits on Thursday.
In the last quarter, the bank rose to the past expectations driven by the performance of the investment bank, but it reviewed the profitability goal slightly lower.
On the same day, he will turn attention to Frankfurt Deutsche Bank The latest set of numbers. The German lender recorded his best profit in the last quarter of life, and benefited from increasing trading volumes on market fluctuations. CEO Christian Swing told CNBC in June that he sees a chance for Europe more in its defense sector as a major growth field.
Waiting game
For macro watches, the most prominent thing in the week in Europe will come from the European Central Bank. President Christine Lagarde and her colleagues of politics makers are expected to keep 2 % on Thursday. But there is a large hunting …
It is not expected that US President Donald Trump’s threats will come out of the results of this meeting, according to Reuters, referring to five sources of the members of the European Central Bank. But if Trump advances with a 30 % tariff for European Union imports, there is a widespread assumption that the European Central Bank will reduce response rates.
Until September 11, investors will have to assess the impact, as the European Central Bank for the summer collapses after this week’s meeting.
Inflation
Regarding the basic economic conditions, Deutsche Bank warns that the risk of European inflation “is still underestimating, with wonderful satisfaction through the main assets”, with the effect of customs tariffs so far.
The strategic expert of the Macro Bank at CNBC Squawk Box Europe also told the date of the tariff on August 1 for negotiations between the United States and the European Union paving the stage to obtain a late result to run a “very sharp market reaction”.
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2025-07-20 05:55:00
