Prices are not doing anything before the stock market, but there is a lot going on

Koersen doen voorbeurs nog niks, maar er is veel aan de hand

The AEX indication is +0.1%. China is opening further, the markets are flying there and it is (still) calm on the oil front, despite the Western one price cap now on Russian oil.

  • European and American futures all do green or red zero before and after the decimal point, or nothing happens at all
  • In Asia yes! In China, then, where all stock markets are rising percentages. A separate entry will follow shortly for Hang Seng Tech Index and Tencent, because they bake them completely brown
  • Back below well-known nervousness threshold 20, volatility (CBOE VIX Index) is -3.9% at 19.6
  • The dollar is down 0.2% to 1.056 again
  • Gold is +0.2% at exactly $1800, oil is up 0.2% and crypto is up more than one percent with bitcoin already at $17,300

Interest rates are actually rising somewhat today, perhaps this leaves little room for equities.

Still in the picture, EUR / USD is really on a ride:

So the news of the moment:

The rise in oil prices, however, is not too bad. This is West Texas Light Internediate (WTI) last week, actually not much to see here the last few days despite that price cap. Oil sometimes acts crazier without news.

There is more to see in Hong Kong, the Hang Seng Tech Index is how much higher?! So much so. And say whether the horrific downward trend since the beginning of 2021 has already been destroyed. Tencent is +6.6% in Hong Kong, let’s see how Prosus will deal with that later.

Look now and what is this? Although CNBC may serve the soup a little hotter than it is eaten. Maybe a bit angry about a football result maybe 🙂

Copy paste, this does not contain any news in the sense of new measures, the Netherlands or ASML not complying with agreements made, or disagreement:

The agenda is pretty much empty this week – Fed and ECB interest rate decisions and US inflation are next week – and the main point is already today, purchasing managers indices services sector November. It does not end with China so far, India is not too bad and see the sad consensus Germany, France and UK.

And then this, after Shell, Unilever and DSM, another listed company is leaving the Netherlands:

With the blush of shame on the jaws, this one too:

News, advice, shorts and agenda

The most important ABM Financial news since the Amsterdam closing yesterday.

  • 08:02 AEX probably starts trading week in a wait-and-see manner
  • 07:53 Kepler Cheuvreux lowers JDE Peet’s price target
  • 07:14 Forfarmers holds extraordinary shareholders’ meeting in January
  • 07:11 Chinese services sector is shrinking even faster
  • 07:06 European stock markets are expected to open flat
  • 07:04 Japan’s services sector is barely growing
  • 06:58 Stock market agenda: macroeconomic
  • 06:57 Exhibition agenda: Dutch companies
  • 06:57 Stock market agenda: foreign funds
  • 04 Dec FlatexDeGiro strengthens organization after criticism of Bafin
  • 04 Dec OPEC+ maintains production cut
  • 04 Dec Video: 2023 will be a positive year for investors
  • 04 Dec In the spotlight: Heineken is working on productivity
  • 04 Dec Exhibition agenda for the coming week is limited
  • 08:02 AEX probably starts trading week in a wait-and-see manner
  • 07:53 Kepler Cheuvreux lowers JDE Peet’s price target
  • 07:14 Forfarmers holds extraordinary shareholders’ meeting in January
  • 07:11 Chinese services sector is shrinking even faster
  • 07:06 European stock markets are expected to open flat
  • 07:04 Japan’s services sector is barely growing
  • 06:58 Stock market agenda: macroeconomic
  • 06:57 Exhibition agenda: Dutch companies
  • 06:57 Stock market agenda: foreign funds
  • 04 Dec FlatexDeGiro strengthens organization after criticism of Bafin
  • 04 Dec OPEC+ maintains production cut
  • 04 Dec Video: 2023 will be a positive year for investors
  • 04 Dec In the spotlight: Heineken is working on productivity
  • 04 Dec Exhibition agenda for the coming week is limited

Analyst Advice:

JDE Peet’s: to €35 from €38 (buy) – Kepler Cheuvreux

The AFM reports these shorts:

The agenda is not very much:

10:00 Inflation – November (Tur)
11:00 Retail sales – October (eur)
4:00 PM Factory Orders – October (US)

And then this

Reuters looks back:

Reuters looks ahead to the US purchasing managers index later:

Isn’t the Chinese government in charge of that instead of economists?

Learning and reviewing: that’s also a way of describing how you did what you wanted with $10 billion in customer money:

sometime this month, grill it!

China also owns the critical supply chain for EVs:

The market will solve the problem:

one more time then:

Have fun and good luck today.

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