All European markets slightly lower
(Teleborsa) - Milan flags in the wake of Europe's major bourses. On the US exchange, the S&P-500 is essentially stable with a percentage change of +0.08.EUR / USD continues the session just below the flatline, slipping -0.3%. Gold trades fractionally lower in this session, shedding -0.33% so far. Light Sweet Crude Oil trades fractionally lower in this session, shedding -0.47% so far.
The Spread trades slightly higher, adding 2 basis points to reach +151 BPs, with the Italy BTP 10-year yield at +3.92%.
Among the major European bourses, Frankfurt shows a negative session -1.05% down, London drifts -0.43% lower, and troubled Paris falls -0.9%.
The Milanese stock exchange is trading just below the flatline (-0.57%); similarly, the FTSE Italia All-Share is slightly down, trading just below the flatline at 35,835 points.
The FTSE Italia Mid Cap descends -1.25%; similarly, the FTSE Italia Star trades negative (-1.34%).
Saipem (+1.67%), Snam (+0.99%) and ENI (+0.64%) top the ranks of Milan's large-caps.
Interpump Group sees the heaviest sell-offs, now trading -2.20% lower.
Iveco is down, with a net loss of 2.18%.
Prysmian is firmly in the red, showing a fall of 2.17%.
Telecom Italia trades negative, losing -2.12%.
Anima Holding (+1.20%) and Iren (+0.66%) top the ranks of Milan's mid-caps.
Fincantieri reports the heaviest losses, currently suffering from a -11.36% down.
De'Longhi collapses (-4.51%).
Danieli & C plunges -2.84%.
Ariston Holding declines by a notable -2.61%.
Among the macroeconomic variables of high impact:
Tuesday, 6/25/2024
9:00 AM Spain: gross domestic product, quarterly (expected 0.7%; prev. 0.7%)
9:00 AM Spain: producer price index, yearly (prev. -6.6%)
3:00 PM USA: FHFA house price, monthly (expected 0.3%; prev. 0.1%)
3:00 PM USA: S&P Case-Shiller, yearly (expected 7%; prev. 7.9%)
4:00 PM USA: consumer confidence, monthly (expected 100 points; prev. 102 points)
Wednesday, 6/26/2024
8:45 AM France: consumer confidence, monthly (prev. 90 points)
4:00 PM USA: new home sales (expected 650K units; prev. 634K units).
(Teleborsa) 06-25-2024 04:00 PM