Old Continent markets are all positive
(Teleborsa) - There was a rush of buy orders on European stock markets, with Piazza Affari closing on the same positive note as the Old Continent bourses. On the US exchange the S&P-500 moves just above neutral (+0.29%).EUR / USD advances with a fractional gain of +0.2%. Gold is up +0.82% at 2,714.9 dollars per ounce. A day to forget for Light Sweet Crude Oil as it retraces -2.17% to trade at 69.14 dollars per barrel.
The Spread improves significantly, decreasing -10 basis points to +112 BPs, with the Italian 10Y BTP yield at +3.35%.
Among the major European bourses, Frankfurt looks composed with modest growth of +0.38%, London is sluggish, declining marginally (-0.32%), and Paris performs modestly, showing a moderate +0.39% rise.
The Milanese stock exchange closes slightly higher, with the FTSE MIB rising +0.47% to 35,204 points, continuing its run after three consecutive rises, which began last Wednesday; similarly, the FTSE Italia All-Share bolts up to 37,370 points.
The FTSE Italia Mid Cap is only just in the black (+0.54%), as the FTSE Italia Star is buoyed by fresh buying, up +0.79%.
Iveco (+6.22%), Brunello Cucinelli (+2.63%), MPS Bank (+2.15%) and Moncler (+2.11%) among the top performers in Milan.
Saipem has the worst performance, closing -3.42% down.
DiaSorin is modestly down, shedding -0.85%.
Recordati drifts -0.55% lower.
Technoprobe (+3.90%), Ferretti (+3.84%), Tinexta (+3.45%) and OVS (+3.22%) top the ranks of Milan's mid-caps.
Piaggio reports the heaviest losses, ending the session -1.52% down.
Danieli & C totters along with a modest -1.48% decline.
A sluggish day for Maire, which drops -1.25%.
Buzzi trades with a small loss of -0.62%.
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) 10-18-2024 06:02 PM