Borsa Italiana leads Europe-wide rally
(Teleborsa) - Piazza Affari makes breathtaking gains, but the other European markets are also performing well.EUR / USD is essentially stable, finishing at 1.086. Gold creeps up +0.52%. Light Sweet Crude Oil has a weak session, trading +0.09% lower.
The Spread flatlines, remaining at +119 basis points, while the Italian ten-year BTP is at +3.4%.
Among the European markets, Frankfurt performs well, growing +0.84%, London looks composed with modest growth of +0.4%, and Paris secures a tidy +1.24% gain.
The Italian stock market is on the plus side, as the FTSE MIB rises +1.09%; similarly, the FTSE Italia All-Share gains +1.04% over the previous session, trading at 37,192 points.
The FTSE Italia Mid Cap trades moderately higher (+0.46%); similarly, the FTSE Italia Star is only just in the black (+0.44%).
Poste Italiane (+3.39%), Azimut (+2.59%), Campari (+2.12%) and Prysmian (+1.66%) among the top performers in Milan.
Digital Value (+9.92%), Philogen (+3.45%), Anima Holding (+2.56%) and Mondadori (+2.07%) top the ranks of Milan's mid-caps.
Maire reports the heaviest losses, currently suffering from a -1.81% down.
Intercos suffers losses of 1.53%.
GVS falls just below its previous value.
Carel Industries is sluggish, declining marginally (-0.82%).
Among the most important macroeconomy events:
Thursday, 10/17/2024
1:50 AM Japan: Trade balance (expected -237.6 Bln ¥; prev. -703.2 Bln ¥)
6:30 AM Japan: services index, monthly (expected -0.2%; prev. 2.2%)
11:00 AM European Union: consumer price index, yearly (expected 1.8%; prev. 2.2%)
11:00 AM European Union: Trade balance (expected 17.8 Bln Euro; prev. 21.2 Bln Euro)
11:00 AM European Union: consumer price index, monthly (expected -0.1%; prev. 0.1%)
11:00 AM European Union: Prezzi Consumo Ex Tabacco, yearly (prev. 2%)
2:30 PM USA: retail sales, yearly (prev. 2.1%).
(Teleborsa) 10-17-2024 01:00 PM