Barclays Bank

INWIT shares rose about 1.7% to €6.145 after Barclays upgraded the rating to “Overweight” and set a price target of €8.60. Barclays sees valuation levels of European tower companies as too pessimistic and argues that market prices are anticipating overly steep cuts in contract renewals. The price move is mainly attributable to the analysts’ call; uncertainties remain due to ongoing legal disputes with TIM and Fastweb, with a decision expected by November 2026. » Más en de.investing.com

Barclays has raised its holding in Central Asia Metals to 5.57% of the voting rights. The position comprises 5.38% through shares and 0.19% via financial instruments, totaling 9,890,255 voting rights. The financial instruments include reclaim rights and cash-settled portfolio swaps with maturities between November 2026 and April 2027. The filing exceeds the previous stake of 5.21% and was made in accordance with disclosure rules for holdings. » Más en de.investing.com

Barclays sees a resurgence of the sell-America pattern in interest rate and currency markets, driven by uncertainty over the Fed’s path, the unwinding of yen carry trades and doubts about the sustainability of AI investments. At the same time, long-term US yields are rising, the dollar is weakening and gold is recovering, while equity indices remain at record levels. Barclays attributes the stability in equity markets to a strong earnings season and ongoing capital flows into US stocks, but warns of increased volatility if macroeconomic data deteriorate. According to the bank, Europe remains a functional diversifier, though significant capital inflows there have so far been absent. » Más en finanzen.net