European markets positive
(Teleborsa) - Europe's major markets are trading in positive territory. Piazza Affari is also bullish. On the US market trading is up for the S&P-500.EUR / USD creeps higher, showing a +0.25% rise. Gold trades fractionally lower in this session, shedding -0.46% so far. Oil prices are essentially stable, with Light Sweet Crude Oil trading sideways at 82.94 dollars per barrel.
The Spread flatlines, remaining at +132 basis points, while the Italian ten-year BTP is at +3.81%.
Among the European markets, Frankfurt makes fairly pedestrian progress (+0.65%), London looks composed with modest growth of +0.2%, and Paris is in good fettle with a +0.97% increase.
The Milanese bourse edges up as the FTSE MIB rises +0.59% to 34,521 points, continuing its bullish run of three consecutive gains since last Wednesday; similarly, the FTSE Italia All-Share crawls up +0.58% to close at 36,785 points.
The FTSE Italia Mid Cap is only just in the black (+0.6%); on the same line, the FTSE Italia Star inches up +0.2%.
Moncler (+2.06%), Saipem (+1.94%), Iveco (+1.79%) and Inwit (+1.58%) among the best performing blue chips in Piazza Affari.
Unipol sees the heaviest sell-offs, now trading -1.12% lower.
A2A contracts moderately by -0.92%.
Hera is subdued, shedding -0.72%.
MPS Bank falls just below its previous value.
BFF Bank (+10.59%), SOL (+3.40%), Mondadori (+3.04%) and Tinexta (+2.48%) top the ranks of Milan's mid-caps.
MFE B has the worst performance, with a -4.33% down.
MFE A drops like a stone, recording a -3.9 percent decline.
Carel Industries plunges -2.14% on intense selling.
Investors are selling as Piovan records a -1.65% fall.
Among the macroeconomic variables of high impact:
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%)
2:30 PM USA: producer price index, yearly (expected 2.3%; prev. 2.4%).
(Teleborsa) 07-12-2024 04:00 PM