Cautious European stock markets orphaned by London. Timid climb to Piazza Affari

The Milan Stock Exchange and other European markets are recovering

(Finance) – Slightly rising values ​​for the Milan Stock Exchangewhile the rest of Euroland travels on parity, today orphaned of the lights of London and, in the afternoon, of Wall Street, both closed for holidays.

Investors’ attention remains focused on the company’s next moves central banksas they look to new data arriving this week oninflation: American PCE data is scheduled for Thursday, Eurozone consumer prices on Friday. The focus is on ECB monetary policy meeting, Thursday 6 Junefor the first rate cut by the European Central Bank, as expected by the member of the executive board, Oniononce again hoping for an easing by the Fed in September.

On the currency market, theEuro / US Dollar, which continues the session at the levels of the day before and stops at 1.085. Slight increase forgold, which shows an increase of 0.38%. Sitting on parity for oil (Light Sweet Crude Oil), which stands at 77.87 dollars per barrel. You look at the OPEC+ meetingscheduled for Sunday, which will evaluate maintaining voluntary production cuts for the rest of the year.

On the levels of the day before spreadwhich remains at +128 basis points, with the yield on the 10-year BTP standing at 3.85%.

Among the main European stock exchanges remains close to parity Frankfurt (+0.16%), flat Londonwithout ideas Paris, which does not show significant changes in prices. Slight increase for the Milan Stock Exchange, with the FTSE MIB which rises by 0.26% to 34,582 points; along the same lines, slight increase for the FTSE Italia All-Sharewhich rises to 36,803 points.

At the top of the ranking of the most important titles of Milan, we find Saipem (+1.83%), ERG (+1.31%), MPS Bank (+1.27%) e Is in the (+1.19%).

The steepest declines, however, occur at Mediolanum Bankwhich continues the session with -0.75%.

Disappointing Intesa Sanpaolowhich lies just below the levels of the day before.

Lame STMicroelectronicswhich shows a small decrease of 0.61%.

Modest descent for BPM deskwhich drops a small -0.56%.

At the top of the mid-cap stocks ranking from Milan, Webuild (+4.44%), Zignago Glass (+4.21%), Philogen (+3.42%) e IREN (+2.86%).

The worst performances, however, are recorded on D’Amicowhich gets -0.71%.

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