European markets positive
(Teleborsa) - Europe's major markets are trading in positive territory. Piazza Affari is also bullish.EUR / USD holds its position at 1.08. Gold is essentially stable at previous levels, finishing at 2,358.4 dollars per ounce. Oil prices are essentially stable, with Light Sweet Crude Oil trading sideways at 83.46 dollars per barrel.
The Spread climbs again, settling at +142 basis points, up 6 BPs, with the Italy BTP 10Y yield at +4%.
Among the major European bourses, Frankfurt lacks momentum in this session, reflected in a moderate gain of 0.33%, London is in positive territory with a +0.81% increase, and Paris attracts bids with a +0.78% rise.
The Milanese stock exchange enjoys timid gains as the FTSE MIB exhibits +0.55% up; similarly, the FTSE Italia All-Share notches up to 36,245 points.
The FTSE Italia Mid Cap is only just in the black (+0.26%); the FTSE Italia Star trades sideways (+0.12%).
Among Italy's best performing large-caps, Leonardo is firmly in the black, progressing +1.79%.
Finecobank performs well, growing +1.79%.
Unicredit secures a tidy +1.55% gain.
Campari makes fairly pedestrian progress (+1.48%).
Saipem reports the heaviest losses, currently suffering from a -0.86% down.
Stellantis falls just below its previous value.
Moncler is sluggish, declining marginally (-0.53%).
Ferragamo (+5.47%), Juventus (+3.03%), Danieli & C (+2.10%) and Ferretti (+1.79%) are among the big players in the FTSE Italia Mid Cap index.
Caltagirone has the worst performance, with a -1.77% down.
De'Longhi is modestly down, shedding -1.39%.
Italmobiliare drifts -1.37% lower.
ENAV totters along with a modest -1.34% decline.
Among the macroeconomic variables of high impact:
Thursday, 7/4/2024
8:00 AM Germany: factory orders, monthly (expected 0.5%; prev. -0.6%)
Friday, 7/5/2024
1:30 AM Japan: real household consumption expenditure, monthly (expected 0.5%; prev. -1.2%)
8:00 AM Germany: industrial production, monthly (expected 0.2%; prev. -0.1%)
8:00 AM Germany: industrial production, yearly (prev. -3.86%)
8:45 AM France: current account (prev. -1.8 Bln Euro)
8:45 AM France: industrial production, monthly (expected -1.2%; prev. 0.5%)
10:00 AM Italy: retail sales, yearly (prev. -1.9%).
(Teleborsa) 07-04-2024 01:00 PM