by Claude Chendjou

PARIS (Reuters) – The European scholarships, apart from London, ended clearly increased Thursday in a context of appetite for risky assets against the backdrop of a peace agreement between Russia and Ukraine.

In Paris, the CAC 40 ended on a gain of 1.52% at 8,164.11 points. The British Footsie, penalized by oil values ​​and Unilever, fell 0.49%. The German Dax increased by 2.09% after scoring a record at 22,624.57 points.

The Eurostoxx 50 index won 1.72% and the FTSEUROFirst 300 1.11%. The Stoxx 600, which also affected a record at 553.7 points, finished up 1.06%.

At the time of the fence in Europe, the Dow Jones advances 0.28%, the Standard & Poor’s 500 of 0.53%and the NASDAQ of 0.86%.

The indices at Wall Street are fired by solid results of companies such as those of Cisco (+1.42%) and Robinhood (+10.62%), the good performance of megacapitalizations like Tesla (+4.07%) and NVIDIA (+3.05%). Eleven of the main sectors of the S&P 500 are in green, in particular that of consumption (+0.91%).

Geopolitically, Donald Trump announced on Wednesday that it was agreed with Vladimir Putin to open negotiations to put an end to the war in Ukraine after separate discussions with his Russian and Ukrainian counterparts, fueling a measured hope that it would drop in particular costs energy in Europe.

The head of the White House, however, left perplexed the markets on Thursday by announcing a press conference on reciprocal customs duties at 1:00 p.m. local time (6:00 p.m. GMT).

Values ​​in Europe

Michelin won 4.86% after the publication of its annual results and the confirmation of its forecasts for 2026. The European automotive sector took 4.40%.

Legrand jumped 9.01%, the French manufacturer of electrical equipment having announced annual results greater than the consensus.

Nestlé gained 6.22% after reporting its annual turnover slightly higher than forecasts. The drinks and food sector in Europe increased by 3.25%.

Unilever, the owner of the Ben & Jerry’s brand, plunged 5.64% after choosing Amsterdam as the main rating place of his ice cream division. This decision is considered risky by certain analysts who would have preferred a joint rating in the United States and the United Kingdom.

Siemens climbed 7.26% after the engineering group reported a better than expected profit for its first tax quarter.

Adyen flew by 13.83%, the Dutch payment group having reported a better than expected annual operating profit.

Neste dropped by 10.53% due to a drop in quarterly profit. The Finnish oil group will also remove around 600 jobs. The European energy index sold 0.93%.

Kiss plunged 11.24%, the Swedish publisher of video games having missed consensus on quarterly profit with the increase in its costs.

The indicators of the day

Production prices (PPI) in the United States emerged higher than expectations in January in monthly rhythm as annual, at +0.4% and +3.5% respectively, show data from the Labor Department.

Unemployed registrations decreased in the United States last week, to 213,000 against 220,000 (revised) the previous week, according to the Department of Labor.

Industrial production in the euro zone fell more than expected over one month in December, displaying a decrease of 1.1%, according to Eurostat data.

The British economy increased by 0.1% during the fourth quarter of 2024, according to official data.

German inflation stabilized in January at 2.8% over one year, in accordance with preliminary data, according to final data from the Federal Statistics Office.

Changes

The euro, up 0.46% to 1.0429 dollars, climbed Thursday at a one -week summit against the dollar.

The US dollar yields 0.62% against a basket of reference currencies, while the Russian ruble has reached a five -month higher in the greenback.

The Sterling book, supported by British GDP figures, is negotiated at $ 1.2,525 (+0.67%), after hitting a week’s peak.

RATE

The yield of American treasury bills at ten years fell from 9.3 base points to 4.5406%, despite the high figures for the PPI, which nevertheless confirm those of consumer prices ((ICC) published on Wednesday.

The yield of the German Bund at ten years ended down 5.9 base points, to 2.421%, accentuating its withdrawal after Donald Trump declarations on reciprocal customs duties.

Economists and analysts believe that an increase in customs prices will slow down the European economy, with regard to its important trade surplus with the United States, which could strengthen the arguments in favor of new rate decreases from the share of the European Central Bank (ECB).

OIL

Oil prices retreat on Thursday while a possible peace agreement between Russia and Ukraine continues to exert downward pressure. The increase in gross stocks in the United States last week also weighs on oil prices.

The Brent refused from 0.25% to 74.98 dollars per barrel and light American crude (West Texas Intermediate, WTI) lost 0.06% to 71.3 dollars, after having lost both more than 2% on Wednesday.

(Written by Claude Chendjou, edited by Sophie Louet)

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