Public Markets 3h Briefing
×European Equities
FTSE 100 bloomberg.com is poised for a lift after HSBC delivered results that beat expectations, while Telecom Italia wsj.com unveiled a $471 million share‑buyback following revenue growth in Brazil and its home market. E.ON wsj.com reported higher earnings as it ramps up European energy infrastructure and raised its 2030 investment plan. Meanwhile, Georg Fischer investing.com saw FY25 profit halve due to a CHF 166 million impairment, and Nippon Steel investing.com shares slipped on concerns that a $4 billion bond issuance could dilute existing holders.
Tech & Crypto Momentum
Bitcoin investing.com rebounded to $65,000 as bargain hunters piled in, buoyed by a rally on Wall Street. In Asia, TSMC investing.com shares climbed after investors cheered AMD and Meta news, with attention now turning to Nvidia’s upcoming earnings. The tech rally underscores renewed risk appetite across both digital assets and semiconductor stocks.
Macro & Currency Moves
The yen ft.com weakened after Finance Minister Takaichi signaled support for dovish Bank of Japan candidates, raising doubts about a near‑term policy shift. Across the region, Asia FX investing.com gained as traders weighed the impact of fresh U.S. tariffs, while the Australian dollar jumped on hotter‑than‑expected CPI data, highlighting divergent monetary‑policy trajectories.
Labor‑Market Outlook
Adecco investing.com beat consensus forecasts on revenue, yet margin pressure lingered, prompting a cautious outlook that could temper broader European hiring trends.