Moderate gains in Milan

(Teleborsa) - Piazza Affari is trading slightly higher, on a par with the major European bourses.

EUR / USD broadly maintains the previous session's levels, with a change of only -0.16%. Gold advances with a fractional gain of +0.59%. Light Sweet Crude Oil trades fractionally lower in this session, shedding +0.05% so far.

The Spread retreats slightly to +151 basis points, down -2 BPs, while the Italy BTP 10-year yield stands at +3.95%.

Among the major European bourses, Frankfurt looks composed with modest growth of +0.54%, London trades largely sideways, and Paris's +0.89% surge cheers investors.

In Milan, the FTSE MIB rises +0.99%, to 33,548 points; similarly, steady gains for the FTSE Italia All-Share as it reaches 35,761 points.

The FTSE Italia Mid Cap climbs +1.25%; on the same trend direction, the FTSE Italia Star trades positive (+1.43%).

Azimut (+2.41%), Brunello Cucinelli (+2.38%), A2A (+2.01%) and Italgas (+1.81%) among the top performers in Milan.

Iveco reports the heaviest losses, currently suffering from a -0.66% down.

Mondadori (+9.21%), MFE A (+3.52%), Sesa (+3.48%) and Technoprobe (+3.04%) are among the big players in the FTSE Italia Mid Cap index.

Fincantieri sees the heaviest sell-offs, now trading -1.49% lower.

A sluggish day for Intercos, which drops -0.85%.

Ariston Holding trades with a small loss of -0.62%.

Tottering SAES Getters dips -0.54%.

Among the macroeconomic rendez-vous that might have high influence on the markets:

Thursday, 6/20/2024
8:00 AM Germany: producer price index, yearly (expected -2%; prev. -3.3%)
8:00 AM Germany: producer price index, monthly (expected 0.1%; prev. 0.2%)
2:30 PM USA: Philly FED manufacturing activity index (expected 4.8 points; prev. 4.5 points)
2:30 PM USA: current account, quarterly (expected -207 Bln $; prev. -194.8 Bln $)
2:30 PM USA: housing starts (expected 1.37 Mln units; prev. 1.36 Mln units)
2:30 PM USA: buildings permits (expected 1.45 Mln units; prev. 1.44 Mln units)
2:30 PM USA: initial jobless claims, weekly (expected 235K units; prev. 242K units).

(Teleborsa) 06-20-2024 01:00 PM