Back to Daily DR Market Summary

StreetAccount Summary - Europe Pre-Open: Futures: FTSE (0.94%), DAX (0.81%), CAC40 (0.57%)

Nov 06 ,2026

  • Synopsis

    • European indices will most likely open lower as Asian stock markets steadying in midday trade Friday with sharp declines across region and sectors but many indexes off their lows. MSCI Asia Pac ex Japan index down around 3.9% from 5.8% earlier.

    • US equities were notably lower in Thursday trading as stocks ended near worst levels. Major indices more than erased Wednesday's big post-election gains; S&P, Nasdaq, and Russell 2000 all saw their worst sessions since Apr-25.

    • AI trade under pressure after opening Kospi plunge triggered circuit breaker. Samsung and SK Hynix hit lowest since early 2026.

    • President Trump said time has come to make decision on Iran. Press sources noted strikes one option under consideration, along with reaching an agreement. Some talk about potential breakthrough on nuclear with two sides reviewing proposals.

    • Friday sees, in central banks, Denmark central bank's Nødgaard speech at 10:00CET at the general meeting of the National Bank of Denmark. ECB's Donnery speech at 10:01CET at 13th Annual IIF Colloquium on European Banking Regulation & Supervision. Hungary and Austria central bank's jointly host The pros and cons of euro adoption in CESEE at 10:00CET at workshop. ECB's Lane fireside chat at 10:30CET at ECB Money Market Conf. BOE's Pill and Shortall at National MPC Agency briefing at 12:15GMT. Czech central bank Monetary Policy Report pre-release. Bank of Italy's latest economic survey of industrial and service firms. Russia Oct new car registrations

    • Economic data due today: Germany Sep industrial production, France Sep trade balance, Spain Sep industrial production, Eurozone Sep retail sales, UK Oct house price index - Lloyds, Switzerland Oct consumer confidence, Norway Sep manufacturing production, Denmark Sep industrial production,

    • Earnings reported this morning: Aperam (APAM.NA), bnode (BPOST.BB), Daimler Truck Holding (DTG.GR), Krones (KRN.GR), Data Modul (DAM.GR), Schouw & Co (SCHO.DC), Outokumpu (OUT1V.FH), Tokmanni Group (TOKMAN.FH), Teleste (TLT1V.FH)

    • Orkla (ORK.NO), AKVA Group (AKVA.NO), Sea1 Offshore (SEA1.NO), Hexagon Composites (HEX.NO), Hofseth BioCare (HBC.NO)

    • Cellnex Telecom (CLNX.SM), Logista Integral (LOG.SM), Piaggio & C (PIA.IM), Attendo (ATT.SS), Haypp Group (HAYPP.SS), BTS Group (BTS.B.SS), Egetis Therapeutics (EGTX.SS), Viking Supply Ships (VSSAB.B.SS), Cavotec (CCC.SS), Arla Plast (ARPL.SS),

  • Politics/Macro/World News

    • ECB's Lagarde says data will tell if December rate hike needed (Reuters )

    • Belgian Government Crisis Risks Delaying Nuclear, Banking Deals (Bloomberg )

  • Top company news

    • Earnings/updates

      • DTG.GR (Daimler Truck Holding) -- reports Q3 EPS €0.91 vs FactSet €1.03 [3 est, €0.95-1.07]; FY26 guidance confirmed

      • CLNX.SM (Cellnex Telecom) -- reports 9M adj. EBITDA €2.55B vs consensus €2.44B; reiterates 2026 guidance and 2027 outlook

      • TEP.FP (Teleperformance) -- reports Q3 revenue €2.53B vs FactSet €2.56B [1 est]

      • ENX.FP (Euronext) -- reports Q3 EPS €2.17 ex-items vs consensus €2.08

      • GNFT.FP (GENFIT) -- reports 9M revenue €36.4M, (7%) vs year-ago €39.2M

      • PIRC.IM (Pirelli & C.) -- reports Q3 net income €131.2M vs consensus €126M; reaffirms targets notwithstanding the worsening of the external context

      • NYXH.BB (Nyxoah) -- reports Q3 EPS (€0.18) vs FactSet (€0.31) [5 est, (€0.54)-(0.21)]

      • APAM.NA (Aperam) -- reports Q3 adjusted EBITDA €105M vs FactSet €107.7M [5 est, €100-118M]

      • A531.GR (Aura Minerals) -- reports Q3 adjusted net income $121.2M, +76% vs year-ago $68.7M

      • GBLB.BB (Groupe Bruxelles Lambert) -- reports Q3 NAVPS €99.21, (5%) vs year-ago €104.83

      • BAMI.IM (Banco BPM) -- reports Q3 net income €452.5M vs FactSet €431.6M [7 est, €415-446M]; reaffirms FY net income guidance, raises dividend guidance

      • GUBRA.DC (Gubra A/S) -- reports Q3 EBIT DKK317.7M vs FactSet DKK344.0M [1 est]

      • ORK.NO (Orkla) -- reports Q3 EPS NOK1.94 vs FactSet NOK1.68 [7 est, NOK1.58-1.92], remains on track to meet targets for EBIT (adj.) growth and margin expansion

      • MB.IM (Mediobanca) -- reports Q3 net income €378.9M, +30% vs year-ago €291.0M; reaffirms FY guidance

      • CO.FP (Casino Guichard-Perrachon) -- Postpones Q3 2026 activity release

      • MOVE.SW (Medacta Group) -- SA updates guidance for 2026 and reiterates 2024-2027 mid-term outlook

      • KRN.GR (Krones) -- reports Q3 EPS €2.55 vs FactSet €2.40 [3 est, €2.32-2.51]

      • AMG.NA (AMG Critical Materials) -- reports Q3 EPS $0.61 vs FactSet $0.85 [1 est]

      • VCT.FP (Vicat) -- reports Q3 revenue €1.09B vs FactSet €1.06B [2 est, €1.06-1.06B]

      • STM.GR (Stabilus) -- reports preliminary Q4 adjusted EBIT €28.9M vs year-ago €34.0M

      • ATT.SS (Attendo) -- reports Q3 adj. EPS SEK2.93 vs FactSet SEK2.65 [4 est, SEK2.53-2.71]

      • MOL.HB (MOL Hungarian Oil & Gas) -- reports Q3 net income attributable Ft252.35B vs FactSet Ft274.26B [3 est, Ft253-289.78B]

      • JST.GR (JOST Werke) -- raises outlook for FY26

      • CLAS.B.SS (Clas Ohlson) -- reports Oct sales SEK1.25B; +12% y/y organic growth

      • GDS.FP (Ramsay Générale de Santé) -- reports Q1 net income (€35.5M) vs year-ago (€40.1M)

      • GGP.LN (Greatland Resources) -- reaffirms FY27 growth capex A$315-335M at Telfer and A$365-435M at Havieron in presentation

      • CE.IM (Credito Emiliano) -- reports 9M net income €458.8M ex-items, +13% vs year-ago €407.7M

    • M&A

      • ECMPA.NA (Eurocommercial Properties) -- completes acquisition of Les Grands Prés, in Belgium

      • ADKO.AV (Addiko Bank) -- Raiffeisen Bank International tender offer for Addiko Bank AG totals 96.8% of offer shares

    • Healthcare

      • IPN.FP (Ipsen) -- announces late-breaking data from the ELSPIRE Phase III study in people living with primary biliary cholangitis and alkaline phosphatase levels between 1- 1.67× upper limit of normal

      • MOLN.SW (Molecular Partners) -- Presents New Preclinical Data for Next-Generation T Cell Engager MP0632 at SITC 2026

      • PHARM.NA (Pharming Group) -- MHRA approves Pharming's Joenja (leniolisib) as first treatment specifically for children with APDS in the U.K.

      • BINV.SS (BioInvent International) -- reports final terms for the Rights Issue of approximately SEK 430M

    • Other

      • KER.FP (Kering) -- announces departure of Pierpaolo Piccioli as Creative Director of Balenciaga

      • IAG.LN (International Consolidated Airlines Group) -- approves 2026 interim dividend of €0.053/share (gross)

      • SCHP.SW (Schindler Holding) -- completes share buyback program

      • AF.FP (Air France-KLM) -- Group, KLM welcome ruling by Court of Justice of EU, which sets aside judgment of General Court of EU of 7-Feb-24

      • CCH.LN (Coca-Cola HBC) -- responds to press speculation; received no notification from Russian government of any changes to operations

      • VK.FP (Vallourec) -- announecs €750M credit facility

      • EMG.LN (Man Group) -- notes judgment of High Court delivered today in relation to claim brought by PIFSS

      • FNTN.GR (Freenet) -- to launch €75M share buyback program

      • ARYN.SW (Aryzta) -- CFO Martin Huber leaving to pursue outside executive opportunity

      • EXENS.FP (Exosens) -- climate objectives validated by SBTi

      • EXENS.FP (Exosens) -- Follow-up: Exosens climate targets validated by SBTi

  • Key rating changes

    • Upgrades

      • SOLB.BB (Solvay) -- to hold from sell at Berenberg

    • Downgrades

      • PUB.FP (Publicis Groupe) -- Publicis Groupe assumed neutral at UBS

      • SOON.SW (Sonova Holding) -- to sector perform from outperform at RBC Capital Markets

      • KNIN.SW (Kuehne & Nagel) -- to neutral from buy at Goldman Sachs

      • TRN.LN (Trainline) -- to hold from buy at Peel Hunt

      • YUBICO.SS (Yubico) -- to hold from buy at DNB Carnegie

    • Initiations

      • ISS.DC (ISS A/S) -- outperform at RBC Capital Markets

  • Data

    • Nikkei (6.17%) to 57308.15

    • Hang Seng (0.98%) to 24553.18

    • Shanghai Composite (1.02%) to 3652.26

    • S&P futures (3.3) vs prior close of 7383.0

    • €-$ (0.0025) or (0.22%) to 1.1194

    • $-¥ +0.18 or +0.11% to 157.86

    • €-¥ (0.22) or (0.12%) to 176.69

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