(Tiper Stock Exchange) – The main European markets are moving upwards, with the prospect that the ECB will not become dovish in the short term. In fact, nothing new emerged yesterday from Christine Lagarde’s speech to the European Parliament. The Eurotower number one reiterated that interest rates will be raised by 0.5% at the next meeting, once again placing inflation and efforts to contain it at the center of her speech.
On the currency market, theEuro / US Dollar, which continues the session on the previous day’s levels and stops at 1.069. L’Gold the session continued at the previous levels, reporting a variation of +0.05%. Slight increase in oil (Light Sweet Crude Oil) which rises to 78.65 dollars per barrel.
On the levels of the eve it spreadswhich remains at +178 basis points, with the yield on the ten-year BTP standing at 4.19%.
Among the indices of Euroland essentially tonic Frankfurtwhich records a capital gain of 0.46%, moderate gain for London, which advanced by 0.34%. Good insights on Paris, showing a large lead of 0.84%. Day of earnings for the Milan Stock Exchange, with the FTSEMIB, which shows a capital gain of 0.73%, continuing the positive series that began last Monday; along the same lines, the FTSE Italia All-Share proceeds in small steps, advancing to 29,984 points.
At the top of the ranking of the most important titles of Milan, we find Tenaris (+10.09%), Pirelli (+4.39%), Saipem (+2.17%) and Campari (+1.83%).
The strongest sales, on the other hand, show up Interpumpwhich continues trading at -1.16%.
Modest descent for General Insurancewhich drops a small -0.87%.
Thoughtful Unipola fractional decline of 0.63%.
At the top among Italian stocks a mid-cap, Dry (+1.73%), Tod’s (+1.11%), Danieli (+1.05%) and Saphilus (+1.03%).
The strongest declines, however, occur on Banca Ifiswhich continues the session with -2.26%.
Under pressure Carel Industrieswith a sharp drop of 1.53%.
He hesitates Antares Visionwith a modest drop of 1.18%.
Slow day for Saint Lawrencewhich marks a decrease of 1.11%.
Between macroeconomic quantities most important:
Thursday 02/16/2023
00:50 Japan: Trade balance (expected -¥3,871.5 billion; prev. -¥1,451.8 billion)
00:50 Japan: Core machinery orders, monthly (exp. 3%; previous -8.3%)
2.30pm USA: Opening of construction sites (expected 1.36 million units; previous 1.38 million units)
2.30pm USA: Production prices, annual (expected 5.4%; previous 6.2%)
2.30pm USA: PhillyFed (expected -7.4 points; previous -8.9 points).