Piazza Affari in good shape, but Europe cautious
(Teleborsa) - Market reports highlight the wary mood permeating the Old Continent, with the exception of the Milan exchange, which is trading slightly higher.EUR / USD is essentially stable, finishing at 1.07. Gold is slightly up at 2,327.6 dollars per ounce. Light Sweet Crude Oil is largely stable at 80.63 dollars per barrel.
The Spread remains unchanged at +151 basis points, while the Italy ten-year BTP is at +3.91%.
Among the markets of the Old Continent, it's a stalemate for Frankfurt, which is trading around the flatline, lacklustre London registers almost no change against the previous trading session, and Paris lacks momentum, trading with a +0.1% change.
Milan is trading slightly higher, with the FTSE MIB advancing to 33,435 points; similarly, the FTSE Italia All-Share pushes up to trade at 35,630 points.
The FTSE Italia Mid Cap lacks direction (-0.03%); the FTSE Italia Star gains marginally (+0.2%).
Among Italy's best performing large-caps, Bper rises +2.79% on positive cues.
MPS Bank is in good fettle with a +2% increase.
Banco Bpm is in good shape, advancing +1.58%.
Banca Mediolanum stands out, progressing +1.53%.
ERG reports the heaviest losses, currently suffering from a -0.99% down.
DiaSorin slips just under the flatline with a -0.59% decrease.
Inwit contracts moderately by -0.57%.
Sesa (+1.62%), The Italian Sea Group (+1.60%), D'Amico (+1.56%) and Banca Ifis (+1.44%) are among Italy's top mid-cap stocks.
Fincantieri has the worst performance, with a -1.93% down.
GVS is subdued, shedding -1.47%.
Iren falls just below its previous value.
MFE A is sluggish, declining marginally (-1.28%).
Among the macroeconomic rendez-vous that might have high influence on the markets:
Monday, 6/24/2024
10:00 AM Germany: IFO index (expected 89.4 points; prev. 89.3 points)
Tuesday, 6/25/2024
9:00 AM Spain: gross domestic product, quarterly (expected 0.7%; prev. 0.7%)
9:00 AM Spain: producer price index, yearly (prev. -6.6%)
3:00 PM USA: FHFA house price, monthly (expected 0.5%; prev. 0.1%)
3:00 PM USA: S&P Case-Shiller, yearly (expected 7%; prev. 7.4%)
4:00 PM USA: consumer confidence, monthly (expected 100.2 points; prev. 102 points)
Wednesday, 6/26/2024
8:45 AM France: consumer confidence, monthly (prev. 90 points).
(Teleborsa) 06-24-2024 09:30 AM