European markets positive
(Teleborsa) - Europe's major markets are trading in positive territory. Piazza Affari is also bullish. Meanwhile in the US market the S&P-500 fluctuates around the flatline.EUR / USD creeps higher, showing a +0.33% rise. Gold creeps up +0.4%. A slightly better session for Light Sweet Crude Oil, as it advances to 67.43 dollars per barrel.
The Spread retraces its steps, dipping -1.83% to +107 basis points, while the Italy 10-year BTP yield is at +3.85%.
Among the markets of the Old Continent, Frankfurt records a fairly pedestrian increase of +0.56%, London is only just in the black as it climbs a scant +0.52%, and Paris lacks momentum in this session, reflected in a moderate gain of 0.39%.
In a strong day for the Milan bourse the FTSE MIB gains +0.7%; similarly, the FTSE Italia All-Share crawls up +0.69% to close at 41,213 points.
The FTSE Italia Mid Cap trades moderately higher (+0.69%); on the same trend direction, the FTSE Italia Star is only just in the black (+0.28%).
Among Italy's best performing large-caps, all eyes are on MPS Bank, which rockets +4.05%.
Mediobanca is in good shape, advancing +2.93%.
Saipem stands out, progressing +2.9%.
A positive performance for Campari, which advances by a notable +2.16%.
Brunello Cucinelli reports the heaviest losses, currently suffering from a -1.72% down.
Moncler drifts -1.04% lower.
DiaSorin totters along with a modest -0.9% decline.
Alerion Clean Power (+9.81%), Zignago Vetro (+6.08%), Moltiply Group (+5.11%) and Industrie De Nora (+3.39%) are among Italy's top mid-cap stocks.
Pharmanutra has the worst performance, with a -6.72% down.
The Italian Sea Group nosedives by -6.46%.
Investors flee as El.En is down by a massive -4.97%.
Marr is struggling, -3.69% down.
Among the most important macroeconomy events:
Monday, 3/17/2025
3:00 AM China: unemployment rate (expected 5.1%; prev. 5.1%)
3:00 AM China: industrial production, yearly (expected 5.3%; prev. 6.2%)
3:00 AM China: retail sales, yearly (expected 3.8%; prev. 3.7%)
10:00 AM Italy: consumer price index, monthly (expected 0.2%; prev. 0.6%)
10:00 AM Italy: consumer price index, yearly (expected 1.7%; prev. 1.5%)
1:30 PM USA: NY Empire State manufacturing index (expected -1.9 points; prev. 5.7 points)
1:30 PM USA: retail sales, monthly (expected 0.6%; prev. -1.2%).
(Teleborsa) 03-17-2025 04:00 PM
