European markets positive
(Teleborsa) - Europe's major markets are trading in positive territory. Piazza Affari is also bullish.EUR / USD is essentially stable at previous levels, finishing at 1.083. Gold loses a lot of ground, retracing by -0.74% to trade at 2,373.8 dollars per ounce. Light Sweet Crude Oil loses a lot of ground, retracing by -1.33% to trade at 82.33 dollars per barrel.
The Spread slips to +137 basis points, down -2 BPs, while the Italy 10Y BTP yield stands at +3.92%.
Among the European indices, Frankfurt performs modestly, showing a moderate +0.23% rise, London reports no significant price changes in the absence of fresh cues, and stagnant Paris trades to a near stalemate.
In Milan, the FTSE MIB registers a fractional gain of +0.51%; similarly, the FTSE Italia All-Share pushes up to trade at 36,394 points.
The FTSE Italia Mid Cap lacks direction (+0.03%); the FTSE Italia Star eases -0.44%.
Bper (+5.28%), MPS Bank (+3.45%), Banca Popolare Sondrio (+2.40%) and Ferrari (+1.99%) top the ranks of Milan's large-caps.
Amplifon sees the heaviest sell-offs, now trading -2.28% lower.
Investors are selling as DiaSorin records a -2.05% fall.
Brunello Cucinelli shows a negative session -1.61% down.
Troubled Saipem falls -1.51%.
Fincantieri (+5.98%), MFE B (+2.82%), Technoprobe (+2.05%) and MFE A (+1.60%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
GVS sees the heaviest sell-offs, now trading -3.93% lower.
Juventus is down, with a net loss of 3.16%.
Philogen is firmly in the red, showing a fall of 2.44%.
Pharmanutra trades negative, losing -2.35%.
Among the macroeconomic variables of high impact:
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) 08-07-2024 13:00