European markets shine bright
(Teleborsa) - The major bourses of the Old Continent are all up.EUR / USD makes timid gains, progressing by +0.33%. Gold is trading at previous levels, with a variation of -0.06%. Light Sweet Crude Oil rises +0.78% to 82.17 dollars per barrel.
The Spread improves significantly, decreasing -8 basis points to +149 BPs, with the Italian 10Y BTP yield at +4.04%.
Among the European markets, Frankfurt is essentially healthy, gaining +0.57%, London is modestly up (+0.37%), and Paris takes off (+2.25%).
Piazza Affari moves higher in an upbeat session, with the FTSE MIB gaining as much as +1.77%, putting an end to the bearish streak of four consecutive drops since last Tuesday; similarly, the FTSE Italia All-Share powers ahead to trade at 35,959 points.
The FTSE Italia Mid Cap is up +1.16%; on the same line, the FTSE Italia Star climbs +1.09%.
Among Italy's best performing large-caps, Bper boasts a +4.89% increase as investors scramble to get their hands on shares.
An ebullient MPS Bank is up +4.22%.
Banca Popolare Sondrio attracts bids with a +3.14% rise.
Banco Bpm is firmly in the black, progressing +2.69%.
Leonardo sees the heaviest sell-offs, now trading -0.69% lower.
De'Longhi (+3.08%), Alerion Clean Power (+2.69%), OVS (+2.42%) and Ferretti (+2.33%) are among the big players in the FTSE Italia Mid Cap index.
D'Amico sees the heaviest sell-offs, now trading -1.22% lower.
Among the most important macroeconomy events:
Monday, 7/1/2024
2:30 AM Japan: manufacturing PMI (expected 50.1 points; prev. 50.4 points)
3:45 AM China: Caixin manufacturing PMI (expected 51.5 points; prev. 51.7 points)
10:00 AM European Union: manufacturing PMI (expected 45.6 points; prev. 47.3 points)
2:00 PM Germany: consumer price index, monthly (prev. 0.1%)
2:00 PM Germany: consumer price index, yearly (expected 2.3%; prev. 2.4%)
3:45 PM USA: manufacturing PMI (expected 51.7 points; prev. 51.3 points)
4:00 PM USA: manufacturing ISM (expected 49.2 points; prev. 48.7 points).
(Teleborsa) 07-01-2024 09:30 AM