Markets of the Old Continent are all positive

(Teleborsa) - A rush of buy orders hits the European stock markets as Piazza Affari closes on the same positive note as the Old Continent bourses. In New York, the S&P-500 trades neutral.

EUR / USD makes timid gains, progressing by +0.21%. Gold is on the plus side, showing a +0.83% increase. A day to forget for Light Sweet Crude Oil as it retraces -1.4% to trade at 69.68 dollars per barrel.

The Spread retreats to +117 basis points, a decline of 5 BPs, while the Italian BTP 10-year yield is +3.36%.

Among the European indices, Frankfurt reports no significant price changes in the absence of fresh cues, London plunges -0.71% on intense selling, and Paris is essentially healthy, gaining +0.32%.

Milan is trading slightly higher, with the FTSE MIB advancing to 35,112 points; similarly, the FTSE Italia All-Share crawls up +0.24% to close at 37,280 points.

The FTSE Italia Mid Cap trades moderately higher (+0.57%), as the FTSE Italia Star is only just in the black (+0.63%).

Iveco (+5.02%), Brunello Cucinelli (+4.08%), Moncler (+3.26%) and Stellantis (+1.74%) among the best performing blue chips in Piazza Affari.

Saipem reports the heaviest losses, currently suffering from a -1.75% down.

Inwit trades with a small loss of -0.91%.

Tottering Banco Bpm dips -0.87%.

Amplifon is definitely weaker with a -0.68% decrease.

Ferretti (+4.89%), Technoprobe (+4.40%), Tinexta (+4.18%) and Ferragamo (+3.99%) are among Italy's top mid-cap stocks.

Moltiply Group sees the heaviest sell-offs, now trading -1.45% lower.

Caltagirone slips just under the flatline with a -1.38% decrease.

Piaggio contracts moderately by -1.36%.

LU-VE Group is subdued, shedding -0.88%.

Among the most important macroeconomy events:

Friday, 10/18/2024
1:30 AM Japan: consumer price index, yearly (prev. 3%)
4:00 AM China: gross domestic product, quarterly (expected 1%; prev. 0.7%)
4:00 AM China: unemployment rate (expected 5.3%; prev. 5.3%)
4:00 AM China: industrial production, yearly (expected 4.6%; prev. 4.5%)
4:00 AM China: retail sales, yearly (expected 2.5%; prev. 2.1%)
8:00 AM United Kingdom: retail sales, monthly (expected -0.3%; prev. 1%)
8:00 AM United Kingdom: retail sales, yearly (expected 3.2%; prev. 2.3%).

(Teleborsa) 18-10-2024 16:00