European markets positive
(Teleborsa) - Europe's major markets are trading in positive territory. Piazza Affari is also bullish. Wall Street stocks are substantially weaker, with the S&P-500 registering a decrease of 0.38%.EUR / USD is essentially stable, finishing at 1.098. Gold trades fractionally lower in this session, shedding -0.3% so far. Light Sweet Crude Oil is firmly bullish (+1.99%), reaching 75.86 dollars per barrel.
The Spread steps up to add 2 basis points, reaching +131 BPs, with the BTP 10-year yield at +3.56%.
Among the European markets, Frankfurt is stuck at the previous session's levels, London performs modestly, showing a moderate +0.34% rise, and resilient Paris registers a small increase of 0.34%.
Milan is trading slightly higher, with the FTSE MIB advancing to 33,761 points; similarly, the FTSE Italia All-Share nudges up to 35,914 points.
The FTSE Italia Mid Cap holds the line (+0.06%); the FTSE Italia Star is only just in the black (+0.39%).
Among Italy's best performing large-caps, Amplifon soars, recording a substantial +4.62% rise.
A positive performance for Recordati, which advances by a notable +1.83%.
Unicredit's +1.69% surge cheers investors.
Nexi forges ahead by +1.65%.
ERG reports the heaviest losses, currently suffering from a -1.52% down.
Leonardo slips just under the flatline with a -1.38% decrease.
Interpump Group contracts moderately by -0.92%.
Tenaris is subdued, shedding -0.81%.
Digital Value (+5.80%), SOL (+2.20%), Sanlorenzo (+1.80%) and Marr (+1.53%) are among Italy's top mid-cap stocks.
Juventus has the worst performance, with a -3.06% down.
Caltagirone plunges -2.4%.
Moltiply Group declines by a notable -2.13%.
Safilo is struggling, -1.85% down.
Among the macroeconomic rendez-vous that might have high influence on the markets:
Monday, 10/7/2024
8:00 AM Germany: factory orders, monthly (expected -1.9%; prev. 3.9%)
11:00 AM European Union: retail sales, yearly (prev. -0.1%)
11:00 AM European Union: retail sales, monthly (expected 0.2%; prev. 0%)
Tuesday, 10/8/2024
1:30 AM Japan: real household consumption expenditure, monthly (expected 0.5%; prev. -1.7%)
1:50 AM Japan: current account (expected 2,921 Bln ¥; prev. 3,193 Bln ¥)
8:00 AM Germany: industrial production, monthly (expected 0.8%; prev. -2.4%)
8:00 AM Germany: industrial production, yearly (prev. -5.3%).
(Teleborsa) 10-07-2024 04:00 PM