Milan trades flat. Europe down

(Teleborsa) - On the Old Continent, the major bourses are trading lower , while Piazza Affari hugs the flatline.

EUR / USD is essentially stable, finishing at 1.094. Gold trades slightly up at 2,613.9 dollars per ounce. Light Sweet Crude Oil shows a timid gain of +0.49%.

The Spread is at +130 basis points, near the previous day's level, while the ten-year BTP settles at +3.57%.

Among the markets of the Old Continent, Frankfurt falls just below its previous value, London advances +0.28%, and Paris is sluggish, declining marginally (-0.23%).

In Milan, the FTSE MIB is largely stable, trading at 33,965 points; similarly, the FTSE Italia All-Share bounces around the flatline, trading at 36,105 points.

The FTSE Italia Mid Cap is below the flatline, slipping -0.27%; similarly, the FTSE Italia Star is slightly lower (-0.39%).

Bper (+6.65%), MPS Bank (+1.64%), Banco Bpm (+1.53%) and Unicredit (+1.49%) among the top performers in Milan.

Iveco sees the heaviest sell-offs, now trading -1.66% lower.

Troubled Ferrari falls -1.55%.

Interpump Group is modestly down, shedding -1.46%.

Prysmian drifts -1.24% lower.

Digital Value (+1.58%), Credem (+1.17%), Maire (+0.84%) and Banco di Desio e della Brianza (+0.74%) are among Italy's top mid-cap stocks.

Ferragamo sees the heaviest sell-offs, now trading -1.87% lower.

Marr totters along with a modest -1.37% decline.

A sluggish day for Ariston Holding, which drops -1.35%.

The Italian Sea Group trades with a small loss of -1.21%.

Among the most relevant macroeconomic data:

Thursday, 10/10/2024
1:50 AM Japan: producer price index, monthly (expected -0.3%; prev. -0.2%)
8:00 AM Germany: retail sales, monthly (prev. -1.2%)
8:00 AM Germany: retail sales, yearly (prev. -1.6%)
10:00 AM Italy: industrial production, monthly (expected 0.2%; prev. -0.9%)
10:00 AM Italy: industrial production, yearly (prev. -3.3%)
2:30 PM USA: consumer price index, yearly (expected 2.3%; prev. 2.5%)
2:30 PM USA: consumer price index, monthly (expected 0.1%; prev. 0.2%).

(Teleborsa) 10-10-2024 09:30 AM