All European markets slightly lower

(Teleborsa) - Milan flags in the wake of Europe's major bourses.

There is no significant change for EUR / USD which, at 1.089, is traded around previous levels. Caution prevails as gold continues the session slightly lower (-0.32%). Oil prices see no significant change, with the Light Sweet Crude Oil settling at 82.12 dollars per barrel, near the previous session's level.

The Spread is broadly on the previous day's level as it settles at +132 basis points, while the Italy ten-year BTP is at +3.78%.

Among the European indices, Frankfurt slips just under the flatline with a -0.26% decrease, London contracts moderately by -0.53%, and Paris is firmly in the red, showing a fall of 0.81%.

Caution prevails in Milan as the FTSE MIB registers a marginal drop of -0.49%, interrupting a run of three consecutive rises, which began last Wednesday; similarly, the FTSE Italia All-Share is in retreat at 36,680 points.

The FTSE Italia Mid Cap slips a fraction (-0.35%), as the FTSE Italia Star hovers just below the flatline (-0.2%).

Among Italy's best performing large-caps, a positive performance for Saipem, which advances by a notable +1.61%.

Leonardo performs modestly, showing a moderate +0.87% rise.

Brunello Cucinelli reports the heaviest losses, currently suffering from a -1.97% down.

Bper trades negative, losing -1.93%.

Moncler plunges -1.92%.

MPS Bank declines by a notable -1.8%.

Intercos (+1.48%), OVS (+1.45%), Pharmanutra (+1.24%) and Juventus (+1.21%) are among the big players in the FTSE Italia Mid Cap index.

Ferragamo reports the heaviest losses, currently suffering from a -7.46% down.

Moltiply Group is subdued, shedding -1.3%.

Buzzi falls just below its previous value.

Industrie De Nora is sluggish, declining marginally (-1.22%).

Among the most relevant macroeconomic data:

Monday, 7/15/2024
4:00 AM China: gross domestic product, quarterly (expected 1.1%; prev. 1.5%)
4:00 AM China: retail sales, yearly (expected 3.3%; prev. 3.7%)
4:00 AM China: industrial production, yearly (expected 4.9%; prev. 5.6%)
4:00 AM China: unemployment rate (expected 5%; prev. 5%)
11:00 AM European Union: industrial production, monthly (expected -0.9%; prev. -0.1%)
11:00 AM European Union: industrial production, yearly (prev. -3%)
2:30 PM USA: NY Empire State manufacturing index (expected -5.5 points; prev. -6 points).

(Teleborsa) 07-15-2024 09:30 AM