European markets positive
(Teleborsa) - Europe's major markets are trading in positive territory. Piazza Affari is also bullish.There is no significant change for EUR / USD which, at 1.087, is traded around previous levels. Gold is slightly down at 2,400.7 dollars per ounce. Light Sweet Crude Oil trades with a fractional gain of 0.76%.
The Spread is at +133 basis points, near the previous day's level, while the ten-year BTP settles at +3.81%.
Among the major European bourses, Frankfurt is stuck at the previous session's levels, London performs modestly, showing a moderate +0.35% rise, and resilient Paris registers a small increase of 0.48%.
Milan is trading slightly higher, with the FTSE MIB advancing to 34,474 points, consolidating after three consecutive days of gains, which began last Wednesday; similarly, the FTSE Italia All-Share pushes up to trade at 36,728 points.
The FTSE Italia Mid Cap gains marginally (+0.37%); the FTSE Italia Star is practically unchanged (0%).
Inwit (+1.78%), Tenaris (+1.61%), Enel (+1.19%) and ENI (+0.96%) among the top performers in Milan.
Brunello Cucinelli has the worst performance, with a -1.12% down.
Stmicroelectronics contracts moderately by -0.66%.
BFF Bank (+12.43%), Digital Value (+2.86%), Mondadori (+1.82%) and Moltiply Group (+1.33%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
MFE B sees the heaviest sell-offs, now trading -1.89% lower.
Fincantieri is subdued, shedding -1.39%.
MFE A falls just below its previous value.
Sesa is sluggish, declining marginally (-1.25%).
Among the macroeconomic rendez-vous that might have high influence on the markets:
Friday, 7/12/2024
6:30 AM Japan: industrial production, monthly (expected 2.8%; prev. -0.9%)
8:45 AM France: consumer price index, monthly (expected 0.1%; prev. 0%)
8:45 AM France: consumer price index, yearly (expected 2.1%; prev. 2.3%)
9:00 AM Spain: consumer price index, monthly (expected 0.3%; prev. 0.3%)
9:00 AM Spain: consumer price index, yearly (expected 3.4%; prev. 3.6%)
2:30 PM USA: producer price index, monthly (expected 0.1%; prev. -0.2%)
2:30 PM USA: producer price index, yearly (expected 2.3%; prev. 2.2%).
(Teleborsa) 07-12-2024 09:30 AM