Susanna Riva The Japanese market began today's session with slight upward momentum, with the Nikkei gaining 0,28% to 67.964,66 points. Meanwhile, the yen strengthened against the dollar , settling at 158,30 and held steady against the euro at 177,30 . This moderate move follows yesterday's correction, leaving traders cautious as they await the next macroeconomic signals.
European outlook: Futures slightly higher amid uncertainty over US data
In Europe, futures contracts on the Euro Stoxx 50 gained 0,45% , while those on Frankfurt and Paris rose 0,3% . The FTSE MIB futures remained stable, reflecting the caution of Milanese investors, where MPS will be the focus of attention ahead of its extraordinary board meeting.
European markets remain suspended on US inflation for September, due on Wednesday, with price growth forecast at 3,6% , slightly higher than the previous month's 3,4% .
Impact of energy prices and geopolitical tensions
Meanwhile, oil prices are showing signs of volatility. Brent crude fell to $104 a barrel (-0,6%), while WTI crude stands at $90 (-1,2%).
Operators are monitoring the stability of flows from the Middle East despite the attack on Riyadh airport and Trump 's recent statements regarding Russian diesel imports. Meanwhile, rumors of a possible energy truce between Russia and Ukraine have yet to be confirmed.
Focus on key stocks and currencies
The euro continues to show weakness, trading around $1,12 and just above 177 yen . The dollar/yen pair remains stable around the 158 mark . Gold declined slightly, closing at $4.183 an ounce, while Bitcoin recorded a moderate rise, settling at $83.678 . Among stocks, attention in Milan is focused on MPS , awaiting decisions following Intesa Sanpaolo 's post-IPO relaunch , and on technology giant ASML Holding, which will open its earnings season.
Future perspectives
As earnings season approaches, major US banks will begin filing their first reports, followed by ASML and other European technology stocks. The combination of inflation data, energy volatility, and currency dynamics will make the next few trading days particularly sensitive, with investors ready to react to any changes in macroeconomic signals.