[MARKET ANALYSIS] European bourses on a softer footing; US equity futures pare back post-Fed losses
OpenAI to begin showing advertisements for ChatGPT users in Japan, Nikkei reports, citing sources; advertising fees to be around USD 31 per 1000 impressions
France sells EUR 13.999bln vs exp. EUR 12-14bln 2.40% 2029, 3.25% 2032, 2.00% 2032 and 3.00% 2034 OAT
[MARKET ANALYSIS] European bourses on a softer footing; US equity futures pare back post-Fed losses
[MARKET ANALYSIS] Crude futures hold onto losses as US-Iran MoU is signed; Israel refuses to back away from Lebanon
Spain sells EUR 5.83bln vs exp. EUR 5-6bln 3.00% 2033, 3.40% 2036 and 4.90% 2040 Bono
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- European bourses (STOXX 600 -0.1%) start Thursday's session on a mixed footing despite the US and Iranian presidents digitally signing the MoU. Germany's DAX 40 (+0.1%) is the clear outperformer, while the FTSE 100 (-0.8%) is the laggard as multiple companies trade ex-dividends.
- Sectors highlight a negative bias. Technology (+0.3%), Industrial Goods & Services (+0.6%) and Telecoms (+0.1%) are the only sectors in the green. To the bottom lies Optimised Personal Care (-1.8%), Basic Resources (-1.9%), and Autos (-1.3%).
- Gains in the tech sector come as BE Semiconductor (+0.9%) updated its long-term revenue and margin targets. The Co. raised its revenue target to EUR 1.7-2.2bln (prev. targeted EUR 1.5-1.9bln) and operating margin between 45-55% (prev. targeted 40-55%), citing improved order momentum and stronger demand for its data centre and photonics applications. The lift in its targets has supported its European peers (ASML +0.7%, Infineon +3.2%)
- Other key movers include: Edenred (+14.9%), confirms that investment funds have approached for a potential takeover; Schindler (+0.8%), raises share buyback programme to CHF 700mln; Tesco (-2.5%), UK LFL sales miss estimates; Intertek (+0.7%), confirms the board's plan to accept EQT's GBP60/shr offer.
- US equity futures pare back Wednesday's Fed-driven selloff. In brief, the Fed held rates unchanged at 3.50-3.75%, however, the SEP highlighted a hawkish bias as 9 members forecast rate hikes in 2026.
Related headlines
- Newsqawk European Market Wrap - 9th September 202634 min ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 47 min ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal5 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent5 hours ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports1 hour ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened5 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes7 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement5 hours ago
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest7 hours ago
- [MARKET UPDATE] Brent front-month crosses back above USD 100/bbl for the first time since July 24th; newsflow light but geopolitical tensions remain high following the recent US-Iran retaliatory strikes7 hours ago
- Analog Devices (ADI) and Alif Semiconductor today announced a definitive agreement under which ADI will acquire Alif in an all-cash transaction for USD 1.35bln2 hours ago
- OpenAI is reportedly projecting compute spending of c. USD 750bln through 2030 but still feels "really short" on computing power, NYT reports2 hours ago
- [MARKET UPDATE] Fresh lows across fixed income and equity futures as energy prices continue to climb; Brent Nov remains north of USD 100/bbl5 hours ago
- Dow (DOW) reportedly weighs exit from USD 20bln Saudi chemicals venture2 hours ago
- Volkswagen (VOW3 GY) files to sell USD-denominated debt; 5-parter1 hour ago
- Alcoa (AA) files to sell USD 2.6bln senior unsecured notes due 2034 and 2036 with the funds to finance the South32 deal2 hours ago
- US Quarterly Services Survey (Q2 2026): +3% to USD 6,418.7bln32 min ago
- Uber (UBER) begins the sale of a five-part Euro bond offering7 hours ago
- Newsquawk Daily US Equity Opening News: DOW weighs exit from $20b Saudi chemicals venture; GOOG to invest $15bln in Finnish AI infrastructure1 hour ago
- Amazon (AMZN) sets size on debut sterling bond sale at GBP 4.25bln2 hours ago
The whole workspace, free to try.
Try it free