
AI-generated summary
Asian stock markets react to the financial results of Micron, a leading semiconductor company, while the market monitors the trend of oil and US government bonds in anticipation of key macroeconomic data.
Asian stock markets rise in the wake of Micron's better-than-expected results, which boost the technology stocks sector, while the decline in oil prices temporarily halts sales on bonds and government securities.
Tokyo jumped 3.3%, Seoul 1.9% while Sydney lost 2%. However, the Chinese markets are closed for holidays. The positive sentiment on the artificial intelligence sector pushes expectations on Wall Street, with futures on the Nasdaq rising by 1.4% and those on the S&P 500 by 0.6%, while in Europe futures on the Stoxx 50 drop by 0.4%.
The decline in oil, with Brent losing 0.6% to 97.44 dollars a barrel and WTI falling by 0.9%, to 89.58 dollars, interrupts the sell-off on government bonds, with US ten-year Treasuries, little moved at 5.28%, close to yesterday's highs, and the thirty-year T-Bond remaining at the highest since 2002, at 5.62%.
On the macroeconomic front, data on unemployment benefits in the USA are expected today while in the afternoon all eyes will be on the president of the ECB, Christine Lagarde, who will speak at the European Systemic Risk in Frankfurt.
AI outlook — possibilities, not facts
Futures on the Nasdaq will maintain a positive trend in the coming hours if the technology sector continues to benefit from Micron's push
Likely · Within hours
Christine Lagarde's speech at the ECB could influence expectations on interest rates in the euro area in the coming days
Possible · Within days

European stock markets worsen and government bond yields rise. Ten-year T-Bonds reach their highest since 2002 and the British thirty-year bond reaches 6%, while the BTP rises to 4.7%.

European stock markets worsen due to pressure on the bond market. Government bond yields hit new highs, with ten-year T-Bonds at their highest since 2002 and the British thirty-year bond at 6%.

Heavy start for Piazza Affari and the European stock exchanges with sales on government bonds. BTP yields reach their highest since 2023 at 4.68% and the spread rises to 106. The Ftse Mib drops 1%.

Average self-service fuel prices recorded a further decline in Italy. Petrol drops to 2.084 euros per liter and diesel to 2.285 euros, following the application of the price cap by Eni, Ip and Q8.

The spread between BTPs and German Bunds rises by one basis point to 104, while Italian government bond yields increase by two basis points to 4.636%, reaching the highest levels since November 2023.

The meeting 'System Italy and geopolitical risk: challenges and opportunities', organized by the Research Center Strategic Change 'Franco Fontana' of Luiss and Intesa Sanpaolo, underlined how the change in international balances requires Italian companies to integrate the analysis of geopolitical risk into decision-making processes, investing in human capital and developing permanent skills to guarantee strategic autonomy and resilience.