Group 1: Eurozone Banking Liquidity - The European Central Bank (ECB) reported no overnight borrowings, with 2495.58 billion euros deposited in its overnight deposit facility, indicating robust liquidity in the eurozone banking system [2][8]. Group 2: Rio Tinto and Glencore Merger - Rio Tinto is considering retaining coal assets if it successfully acquires Glencore, which could create a mining giant with an enterprise value exceeding $260 billion [3][4]. - This potential acquisition marks a strategic shift for Rio Tinto, which had divested its last coal mine in 2018, highlighting complexities in decarbonization strategies within the mining sector [4]. Group 3: Alphabet Inc. Price Target Adjustment - Scotiabank raised its price target for Alphabet Inc. to $336 from $310, maintaining an "Outperform" rating, reflecting continued analyst confidence in the company's performance and growth prospects [7][9]. - The upgrade follows previous positive assessments, with Scotiabank having raised Alphabet's price target to $310 from $240 in October 2025, citing a recovery in the advertising business and strong YouTube performance [10].
Global Markets Navigate ECB Liquidity, Major Mining Merger Talks, Middle East Tensions, and Tech Upgrades