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Depositary Receipt business and services are conducted through The Bank of New York Mellon.

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Depositary Receipt business and services are conducted through The Bank of New York Mellon.

Back to Daily DR Market Summary

StreetAccount Summary - European Market Recap: FTSE 100 x.xx% to xxxx, DAX +x.xx% to xxxx, CAC x.xx% to xxxx

Oct 09 ,2025

  • Synopsis:

    • x

    • Attention in Europe on French political developments after President Macron said he will name a new prime minister by Friday evening. Outgoing premier Lecornu said sufficient progress had been made to allow work to begin on forming a new cabinet. However, path forward remains uncertain with parliament deeply divided. Lecornu said whoever Macron chooses as the next premier, the person must have no ambitions to run for president in 2027.

    • x

    • From a macroeconomic calendar perspective, UK RICS house price survey showed estate agents have turned pessimistic on the outlook for the first time in two years amid tax rise fears and concerns over the economic outlook. German trade data out early on. More ECB comments anticipated from President Lagarde and board members Cipollone and Lane. Minutes from September meeting out later should reinforce expectations that the ECB will remain on hold for the foreseeable future.

    • x

    • On corporate news, DACH names kicked off the session, with Q3/9M updates from Suedzucker (SZU.GR), Gerresheimer (GXI.GR), Nordex (NDX1.GR), OMV (OMV.AV), Porsche (P911.GR) and Heidelberg Pharma (HPHA.GR); of note, shares in Ottobock SE & Co. KGaA (OBCK.GR) opened at €72 versus an IPO price of €66/sh

    • In banking news, Lloyds Banking Group (LLOY.LN) warned about an additional provision is required after updating on the FCA consultation paper on motor finance, HSBC Holdings (HSBA.LN) proposed the privatisation of Hang Seng Bank and Banco BPM (BAMI.IM) is reportedly evaluating to acquire a stake in Banca di Asti

    • Elsewhere, Johnson Matthey (JMAT.LN) issued a trading update, Modern Times Group MTG (MTG.B.SS) presented its updated FY25 targets and new mid-term group targets at its CMD, and Michelin (ML.FP) had its Q3 sales pre-call last night.

  • Digest:

    • Sectors - STOXX Europe 600:

      • Outperformers

      • Underperformers

    • Macro/Peripheral markets:

      • Geopolitics

        • Trump says Israel and Hamas have agreed to first phase of Gaza peace deal, paving way for ceasefire - BBC

        • Zelenskiy says Ukraine inflicts frontline losses on Russian troops in Donetsk region - Reuters

      • EU

        • Richer EU capitals threaten to cut budget if lawmakers vote against reform - FT

        • EU warns UK must improve NI border checks before veterinary deal is signed - FT

        • Defiant Ursula von der Leyen hypes Europe ahead of key no-confidence votes - Politico

      • UK

        • Water bills to rise further for millions after appeal - BBC

        • Britain warned of tight energy supplies this winter - The Telegraph

        • Pubs to stay open until early hours in push for UK growth - The Guardian

        • Starmer, Modi Meet in Mumbai to Deepen Trade, Business Ties - Bloomberg

      • France

        • Macron will name a new prime minister 'within 48 hours' - Le Monde

      • Germany

        • German Exports Unexpectedly Drop as Shipments to the US Sink - Bloomberg

        • New incentives for e-cars - Stricter rules for basic income support - Handelsblatt

    • Company news:

      • Notable Gainers

        • x

    • Notable Decliners

      • x

  • EU companies reporting tomorrow:

    • Earnings:

    • Preliminary:

    • Trading Statement:

    • Sales/Output:

Data:

  • Economics:

    • Aug Trade Balance

      • Denmark DKK22.2B vs consensus DKK28.0B and prior revised DKK34.9B from DKK30.6B

      • Germany €17.2B vs consensus €15.1B and prior €14.7B

    • Norway Sep PPI (2.8%) y/y vs consensus (1.4%) and prior (3.0%)

  • Markets:

    • WTI crude oil: x.xx to xx.xx

    • €-$: $1.xxxx

    • £-$: $1.xxxx

    • Performance year-to-date:

      • FTSE: 100 x.x%

      • DAX: x.x%

      • CAC: x.x%

      • Stoxx 600: x.x%

      • FTSEMIB: x.x%

This information and data is provided for general informational purposes only. The Bank of New York Mellon and our information suppliers do not warrant or guarantee the accuracy, timeliness or completeness of this information or data. We provide no advice nor recommendation or endorsement with respect to any company or securities. We do not undertake any obligation to update or amend this information or data. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.
Please refer to "Terms Of Use".

DEPOSITARY RECEIPTS:
NOT FDIC, STATE OR FEDERAL AGENCY INSURED
MAY LOSE VALUE
NO BANK, STATE OR FEDERAL AGENCY GUARANTEE