Borsa Italiana leads Europe-wide rally
(Teleborsa) - Piazza Affari makes breathtaking gains, but the other European markets are also performing well. On the US market, the S&P-500 is in fairly positive terrain.EUR / USD trades down -0.25% in a weak session. Gold makes timid gains, progressing by +0.24%. Light Sweet Crude Oil loses a lot of ground, retracing by -0.55% to trade at 82.39 dollars per barrel.
The Spread is at +129 basis points, near the previous day's level, while the ten-year BTP settles at +3.69%.
Among the major European bourses, Frankfurt is essentially healthy, gaining +0.31%, London is modestly up (+0.65%), and Paris attracts bids with a +0.96% rise.
In a strong day for the Milan bourse the FTSE MIB gains +1.05%; similarly, the FTSE Italia All-Share surges above the previous day's levels to trade at 37,006 points.
The FTSE Italia Mid Cap climbs +0.71%; the FTSE Italia Star is below the flatline, slipping -0.29%.
Iveco (+5.90%), Stellantis (+2.74%), Inwit (+1.78%) and Hera (+1.74%) among the top performers in Milan.
Prysmian sees the heaviest sell-offs, now trading -0.97% lower.
Fincantieri (+4.69%), Webuild (+4.63%), Maire (+2.72%) and BFF Bank (+2.39%) top the ranks of Milan's mid-caps.
Sesa has the worst performance, with a -11.00% down.
Comer Industries suffers losses of 1.98%.
Investors hurry to sell as Carel Industries declines -1.68%.
A sluggish day for Moltiply Group, which drops -1.47%.
Among the macroeconomic variables of high impact:
Thursday, 7/18/2024
1:50 AM Japan: Trade balance (expected -240 Bln ¥; prev. -1,220.1 Bln ¥)
8:00 AM United Kingdom: unemployment rate (expected 4.4%; prev. 4.4%)
8:00 AM United Kingdom: initial jobless claims (expected 23.4K units; prev. 51.9K units)
2:30 PM USA: Philly FED manufacturing activity index (expected 2.7 points; prev. 1.3 points)
2:30 PM USA: initial jobless claims, weekly (expected 229K units; prev. 223K units)
4:00 PM USA: leading indicator, monthly (expected -0.3%; prev. -0.5%)
Friday, 7/19/2024
1:30 AM Japan: consumer price index, yearly (prev. 2.8%).
(Teleborsa) 07-18-2024 04:00 PM