European markets positive
(Teleborsa) - Europe's major markets finish in positive territory. Piazza Affari also ends trade on a bullish note. The US bourse trades on a sluggish note, with the S&P-500 posting a -0.34% decline.There is no significant change for EUR / USD which, at 1.098, is traded around previous levels. Gold trades down -0.25% in a weak session. Crude oil rises in an upbeat session, with Light Sweet Crude Oil gaining as much as +3.58%.
The Spread puts on 2 basis points to +131 BPs, with the Italy Government Bond 10-year yield at +3.56%.
Among the European markets, Frankfurt is basically unchanged, reporting a scant -0.09% variation, London is only just in the black as it climbs a scant +0.28%, and Paris lacks momentum in this session, reflected in a moderate gain of 0.46%.
At close, the Milan stock exchange posts timid gains, with the FTSE MIB inching up +0.66%; similarly, the FTSE Italia All-Share inches up +0.6% to close at 35,954 points.
The FTSE Italia Mid Cap lacks direction (+0.04%); the FTSE Italia Star inches up +0.3%.
Amplifon (+4.51%), Recordati (+2.22%), Bper (+2.07%) and Moncler (+2.04%) among the top performers in Milan.
ERG sees the heaviest sell-offs, finishing trade -1.52% lower.
Tottering Tenaris dips -0.97%.
Interpump Group is definitely weaker with a -0.73% decrease.
Terna slips just under the flatline with a -0.59% decrease.
Digital Value (+6.00%), SOL (+2.64%), Ferragamo (+1.49%) and Marr (+1.36%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
Juventus sees the heaviest sell-offs, finishing trade -4.26% lower.
Caltagirone suffers losses of 2.74%.
Investors hurry to sell as Moltiply Group declines -2.44%.
GVS plunges -1.91% on intense selling.
Among the most relevant macroeconomic data:
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 06:02 PM