All European markets slightly lower
(Teleborsa) - Milan flags in the wake of Europe's major bourses. In the United States, the S&P-500 lacks direction.EUR / USD trades fractionally lower in this session, shedding -0.34% so far. Gold is in reverse gear, sliding to 2,296.1 dollars per ounce. Light Sweet Crude Oil continues to trade sideways, registering a +0.1% change.
The Spread crawls up 2 basis points to +153 BPs, with the Italy BTP 10-year yield at +3.97%.
Among the markets of the Old Continent, Frankfurt falls just below its previous value, London is sluggish, declining marginally (-0.34%), and Paris plunges -0.86%.
In Milan, the FTSE MIB is below the flatline as it slips -0.55% to 33,522 points; similarly, the FTSE Italia All-Share is trading just below the previous session's levels, at 35,702 points.
The FTSE Italia Mid Cap spirals down (-0.72%); on the same trend direction, the FTSE Italia Star declines -0.73%.
Among Italy's best performing large-caps, Saipem rises +2.64% on positive cues.
Bper lacks momentum in this session, reflected in a moderate gain of 0.98%.
MPS Bank reports the heaviest losses, currently suffering from a -1.78% down.
Tenaris declines by a notable -1.7%.
A2A is struggling, -1.6% down.
Italgas is modestly down, shedding -1.48%.
D'Amico (+10.33%), Fincantieri (+4.11%), Industrie De Nora (+1.92%) and MFE A (+1.60%) are among Italy's top mid-cap stocks.
De'Longhi reports the heaviest losses, currently suffering from a -4.28% down.
Sanlorenzo suffers losses of 2.60%.
Investors hurry to sell as Marr declines -2.42%.
Danieli & C plunges -2.19% on intense selling.
Among the most important macroeconomy events:
Wednesday, 6/26/2024
8:45 AM France: consumer confidence, monthly (expected 89 points; prev. 90 points)
4:00 PM USA: new home sales (expected 636K units; prev. 634K units)
4:00 PM USA: new home sales, monthly (prev. -4.7%)
4:30 PM USA: crude oil stocks change, weekly (prev. -2.55 Mln barrels)
Thursday, 6/27/2024
1:50 AM Japan: retail sales, yearly (expected 2%; prev. 2.4%)
9:00 AM Spain: retail sales, monthly (prev. 0.8%)
9:00 AM Spain: retail sales, yearly (prev. 0.3%).
(Teleborsa) 06-26-2024 04:00 PM