(Finance) – Bad day for Piazza Affari and the other main European stock exchanges, on the day on which the ECB Governing Council which will decide on monetary policy matters returns to meet. The board, compared to the traditional Frankfurt, will move to Athens hosted by the Central Bank of Greece. Analysts do not expect a rate hike, after several consecutive upward adjustments and an economy that risks slipping into recession. Waiting for the intervention of Christine Lagardepresident of the ECB, after the rate decision.
Also pay attention to quarterly and the title Stellantis which signed an agreement to take over 21% of the Chinese Leapmotor for 1.5 billion euros.
On the currency market, session in fractional decline for theEuro / US Dollar, which leaves, for now, 0.20% on the floor. Slight increase ingold, which rises to $1,989.2 per ounce. Slight increase in oil (Light Sweet Crude Oil) which rises to 85.63 dollars per barrel.
Consolidates the levels of the day before spreadsettling at +203 basis points, with the yield on the 10-year BTP standing at 4.92%.
Among the European price lists under pressure Frankfurtwith a sharp decline of 0.98%, small loss for Londonwhich trades at -0.68%, and is suffering Paris, which shows a loss of 0.74%. Trading down on the Milan Stock Exchange, which suffered a decline of 0.78% on the FTSE MIB; along the same lines, the FTSE Italia All-Share loses 0.75%, continuing the session at 28,957 points.
At the top of the ranking of the most important titles of Milan, we find ERG (+0.87%), Nexi (+0.73%) e Mediobanca (+0.59%).
The steepest declines, however, occur at Saipemwhich continues the session with -8.93% following the quarterly report.
Prey for sellers Ferrariwith a decrease of 1.65%.
They focus on sales Finecowhich suffers a drop of 1.60%.
He hesitates Unicreditwhich lost 1.47%.
At the top among Italian shares a mid-cap, MARR (+1.48%), De Nora Industries (+0.82%), Buzzi Unicem (+0.73%) e Technoprobe (+0.67%).
The strongest sales, however, occur at Pharmanutrawhich continues trading at -2.45%.
Sales up Saraswhich recorded a decline of 1.96%.
Negative session for Banca Popolare di Sondriowhich shows a loss of 1.75%.
Under pressure Maire Tecnimontwhich suffered a decline of 1.59%.