European bourses negative. Milan holds steady
(Teleborsa) - The major European markets dip into negative terrain, while Piazza Affari manages to avoid a selling spree as stocks hover near the flatline. On Wall Street, the S&P-500 hovers around the flatline.EUR / USD continues the session just below the flatline, slipping -0.32%. Gold is on the plus side, showing a +1.05% increase. Light Sweet Crude Oil shows a timid gain of -0.05%.
The Spread trades slightly higher, adding 2 basis points to reach +107 BPs, with the Italy BTP 10-year yield at +3.19%.
Among the European markets, Frankfurt lacks momentum, trading with a +0.08% change, London is down, with a net loss of 0.73%, and Paris is firmly in the red, showing a fall of 0.78%.
Milan's Piazza Affari is essentially stable, with the FTSE MIB trading sideways at 34,571 points; similarly, the FTSE Italia All-Share is trading flat at 36,794 points.
The FTSE Italia Mid Cap trades moderately higher (+0.33%); on the same trend direction, the FTSE Italia Star is only just in the black (+0.23%).
Amplifon (+1.79%), Prysmian (+1.33%), Iveco (+1.18%) and Banco Bpm (+0.81%) top the ranks of Milan's large-caps.
Unipol reports the heaviest losses, currently suffering from a -1.37% down.
Brunello Cucinelli drifts -1.26% lower.
Leonardo totters along with a modest -1.15% decline.
A sluggish day for Campari, which drops -0.91%.
Digital Value (+7.72%), SOL (+6.62%), Intercos (+3.63%) and Moltiply Group (+3.21%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
GVS has the worst performance, with a -2.71% down.
El.En trades negative, losing -1.86%.
Acea plunges -1.56%.
Sesa trades with a small loss of -1.43%.
Among the most important macroeconomy events:
Tuesday, 12/10/2024
8:00 AM Germany: consumer price index, yearly (expected 2.2%; prev. 2%)
8:00 AM Germany: consumer price index, monthly (expected -0.2%; prev. 0.4%)
10:00 AM Italy: industrial production, yearly (prev. -3.9%)
10:00 AM Italy: industrial production, monthly (expected -0.1%; prev. -0.3%)
2:30 PM USA: unit labour cost, quarterly (expected 1.9%; prev. 0.4%)
2:30 PM USA: productivity index, quarterly (expected 2.2%; prev. 2.5%)
Wednesday, 12/11/2024
12:50 AM Japan: producer price index, monthly (prev. 0.2%).
(Teleborsa) 12-10-2024 04:00 PM