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Update 25.6.2025

Update 25.6.2025

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Tensions and developments in various sectors have shaped the day's news narrative. Some highlights from the news reveal Deutsche Bank's bullish stance on Italian cable manufacturer Prysmian and France's Nexans, initiating coverage with a buy rating fueled by the growth in electricity demand. This announcement spurred a surge in their stock prices, with Prysmian rising over 4% and Nexans not far behind, as strong earnings momentum and impressive backlogs are expected to drive further market appreciation, despite valuation discounts triggered by recent sell-offs linked to geopolitical tensions. Turning to market updates, former President Donald Trump called for increased oil drilling in the U.S. amid escalating energy fears following attacks on Iran. His directives, including a post urging the Department of Energy to "drill, baby, drill," were aimed at stabilizing oil prices that remained unperturbed since significant military actions against Iranian nuclear sites. In global scenarios, the U.S. power sector continues to embrace battery storage, showcasing record installations. This trend is transforming energy distribution, enhancing grid stability, and setting new benchmarks for utility performance as the sector evolves. From the international front, Israeli airstrikes hit Iran's Evin prison alongside military sites, reflecting a broadening target focus. Despite Trump's claims of a ceasefire directive, reports of continued strikes have raised concerns of escalating conflict, pushing U.S. forces to remain vigilant in the region. As these interconnected developments unfold, the implications for energy markets and geopolitical stability remain paramount.

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