Banking bellweers and a tariff waiting game


In Frankfurt, Germany, on November 25, 2024, the skyscrapers from the European Central Bank’s office.

Bloomberg | Bloomberg | Getty pictures

CNBC teams returned next week – and it refers to banks and ECB. Frankfurt to Milana and in London Paris, the focus of finances.

Bank Bellweers

Markets seem to be banking about the financial sector to continue positive earnings in this quarter. Citi has now described the first quarter as “very sturdy,” with the expected analysts Stoxx 600 Earn-positive growth for conversion positive every year in this quarter compared to the positive year.

Most of these optimism results in large banks, luxury, autos and other sectors as a profit.

Wholesale Hits their job on Wednesday. The Italian bank giant will try to try to pay attention to the number of investors than the M & A ambitions. When moving around Commerzbank Seeing the share of shares increased by 20%, Sakso Bank analysts emphasize the uncertainty around its potential Bank BPMAfter an Italian court, he took action to the following conditions. This year, more than 50%, CEO Andrea gives you a little festival for Orcel, because the expansion plans are fighting to keep the road.

Follow the full interview of CNBC with UniCredit CEO Andrea Orcel

French Finance BNP Paribas – The biggest lender with the assets of the Euro zone – Earnings on Thursday.

In the last quarter, the bank passed the past of past-performance managed in the investment bank, but the profitability was slightly lowered.

At the same day, attention will apply for Frankfurt Deutsche Bank The final set of end numbers. The German creditor recorded the best gains in the last quarter and the best profit in 14 years, benefiting from the growing trade volume around the market volatility. CEO Christian stitches, in June, he said that Europe has seen more investment in its defense sector.

Deutsche Bank CEO says that in European defense

Waiting game

The highlight of the week in Europe for macro-spectators will come from the European Central Bank. President Christine Lagarde and compatriots are expected to have a 2% level of prices on Thursday. But there is a big hold …

US President Donald Trump’s tariff threats are not expected to cancel the results of this meeting, Reuters, 5 ECB Management Council asked for members of the Board. However, if Trump is moving ahead with 30% of the import of EU tariffs, there is a wide range of assumptions to cut rates in response to ECB.

US President Donald Trump, on July 15, 2025, talks to the media for leaving the White House in the DC on 2025.

EU How is Trump preparing for the tariff deal in the chicken game

From September 11 to evaluate the effects, ECB was broken for the summer after the meeting of this week.

Inflation status

In terms of basic economic conditions, Deutsche Bank, Europe’s inflation risks have not yet been significantly reassigned among the main assets, “still affects fully fate.

The Bank’s Macro Strategist CNBC’s Squawk Box Box Box Box Box Bordeaux has set a stage to trigger the “very acute market reaction” for negotiations between the United States and the EU.



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