Piazza Affari, Europe rally
(Teleborsa) - Piazza Affari has a splendid session, fully in line with the major European stock markets. Meanwhile, the New York Stock Exchange continues to gain ground, with the S&P-500 up +0.99%.EUR / USD is essentially stable, finishing at 1.093. Gold trades slightly up at 2,394.7 dollars per ounce. A day of solid gains for Light Sweet Crude Oil, which is up +3.59%.
The Spread declines to settle at +144 basis points, a reduction of 7 BPs, while the Italian BTP 10-year yield is +3.69%.
Among the markets of the Old Continent, Frankfurt takes off (+1.5%), London boasts a +1.75% increase as investors scramble to get their hands on shares, and an ebullient Paris is up +1.91%.
A day of solid gains in Piazza Affari, with the FTSE MIB rising +2.33%, bouncing back after five consecutive downs since last Wednesday; similarly, the FTSE Italia All-Share surges to end the session at 33,943 points.
The FTSE Italia Mid Cap puts in a good performance (+1.17%); on the same line, the FTSE Italia Star is up +1.23%.
MPS Bank (+6.72%), Unicredit (+4.79%), Prysmian (+3.78%) and Nexi (+3.71%) top the ranks of Milan's large-caps.
Carel Industries (+4.91%), CIR (+4.80%), Zignago Vetro (+3.65%) and Marr (+3.38%) are among the big players in the FTSE Italia Mid Cap index.
BFF Bank has the worst performance, closing -2.12% down.
Ariston Holding is definitely weaker with a -1.1% decrease.
Ferragamo slips just under the flatline with a -0.53% decrease.
Among the most important macroeconomy events:
Wednesday, 8/7/2024
8:00 AM Germany: Trade balance (expected 21.7 Bln Euro; prev. 25.3 Bln Euro)
8:00 AM Germany: industrial production, monthly (expected 1%; prev. -3.1%)
8:00 AM Germany: industrial production, yearly (prev. -7.17%)
8:45 AM France: current account (prev. -2.5 Bln Euro)
4:30 PM USA: crude oil stocks change, weekly (expected -1.6 Mln barrels; prev. -3.44 Mln barrels)
Thursday, 8/8/2024
1:50 AM Japan: current account (expected 1,790 Bln ¥; prev. 2,850 Bln ¥)
2:30 PM USA: initial jobless claims, weekly (expected 245K units; prev. 249K units).
(Teleborsa) 08-07-2024 06:02 PM