European markets positive
(Teleborsa) - Europe's major markets are trading in positive territory. Piazza Affari is also bullish.EUR / USD broadly maintains the previous session's levels, with a change of only -0.17%. Gold is just below the flatline as it slips -0.46%. A gloomy day for Light Sweet Crude Oil, which is trading at 82.5 dollars per barrel, down -1.13%.
The Spread retreats to +136 basis points, a decline of 3 BPs, while the Italian BTP 10-year yield is +3.92%.
Among the major European bourses, Frankfurt looks composed with modest growth of +0.27%, London essentially treads water (-0.13%), and Paris goes nowhere, reporting a +0.01% change.
The Milanese stock exchange enjoys timid gains as the FTSE MIB exhibits +0.34% up; similarly, the FTSE Italia All-Share crawls up to 36,339 points.
The FTSE Italia Mid Cap trades sideways (+0.17%), as the FTSE Italia Star lacks direction (-0.03%).
Finecobank (+2.83%), Bper (+2.76%), Iveco (+2.72%) and MPS Bank (+2.48%) top the ranks of Milan's large-caps.
Amplifon has the worst performance, with a -1.35% down.
Tottering DiaSorin dips -1.15%.
Tenaris is definitely weaker with a -0.73% decrease.
Terna slips just under the flatline with a -0.65% decrease.
Fincantieri (+3.07%), Technoprobe (+2.96%), Juventus (+2.17%) and Ferragamo (+1.57%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
GVS sees the heaviest sell-offs, now trading -1.02% lower.
Danieli & C contracts moderately by -0.97%.
D'Amico is subdued, shedding -0.95%.
OVS falls just below its previous value.
Among the most important macroeconomy events:
Monday, 7/8/2024
1:50 AM Japan: current account (expected 2,450 Bln ¥; prev. 2,051 Bln ¥)
8:00 AM Germany: Trade balance (expected 19.9 Bln Euro; prev. 22.2 Bln Euro)
Wednesday, 7/10/2024
1:50 AM Japan: producer price index, monthly (prev. 0.7%)
3:30 AM China: consumer price index, yearly (expected 0.4%; prev. 0.3%)
3:30 AM China: producer price index, yearly (expected -0.8%; prev. -1.4%)
10:00 AM Italy: industrial production, monthly (expected 0.2%; prev. -1%)
10:00 AM Italy: industrial production, yearly (prev. -2.9%).
(Teleborsa) 07-08-2024 09:30 AM