All European markets slightly lower

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

EUR / USD is essentially stable, finishing at 1.053. Gold is slightly up at 2,666.4 dollars per ounce. Light Sweet Crude Oil shows a timid gain of +1.03%.

The Spread climbs again, settling at +127 basis points, up 4 BPs, with the Italy BTP 10Y yield at +3.61%.

Among the major European bourses, Frankfurt trades largely sideways, London reports no significant price changes in the absence of fresh cues, and Paris slips just under the flatline with a -0.28% decrease.

Piazza Affari slips fractionally as the FTSE MIB sheds -0.5%, continuing its run after five consecutive falls, which began last Friday; similarly, the FTSE Italia All-Share loses -0.46% to trade at 35,213 points.

The FTSE Italia Mid Cap holds previous levels (-0.12%); similarly, the FTSE Italia Star trades sideways (-0.12%).

Saipem (+1.20%), Leonardo (+0.76%) and Unipol (+0.61%) among the top performers in Milan.

Nexi sees the heaviest sell-offs, now trading -2.63% lower.

Moncler is down, with a net loss of 2.01%.

Stellantis contracts moderately by -1.29%.

Telecom Italia is subdued, shedding -1.11%.

MFE A (+6.98%), MFE B (+5.79%), Juventus (+1.17%) and Danieli & C (+1.03%) are among Italy's top mid-cap stocks.

D'Amico reports the heaviest losses, currently suffering from a -2.30% down.

Ferragamo is firmly in the red, showing a fall of 1.83%.

Alerion Clean Power trades negative, losing -1.55%.

The Italian Sea Group plunges -1.52%.

Among the most important macroeconomy events:

Thursday, 11/21/2024
2:30 PM USA: Philly FED manufacturing activity index (expected 6.3 points; prev. 10.3 points)
2:30 PM USA: initial jobless claims, weekly (expected 220K units; prev. 217K units)
4:00 PM European Union: consumer confidence (expected -12 points; prev. -12.5 points)
4:00 PM USA: leading indicator, monthly (expected -0.3%; prev. -0.5%)
4:00 PM USA: existing home sales, monthly (prev. -1%)
4:00 PM USA: existing home sales (expected 3.94 Mln units; prev. 3.84 Mln units)

Friday, 11/22/2024
12:30 AM Japan: consumer price index, yearly (prev. 2.5%).

(Teleborsa) 11-21-2024 09:30 AM