(Telestock) – Negative balance for the main European stock exchangeswhile the Milan stock exchange manages to avoid the sell-offs and trade at par, thanks to the increases achieved by the industrial sector.
Meanwhile, the central banks are once again attracting investors’ attention. In this regard, the market is looking at the evidence, today and tomorrow, of Fed Chairman Jerome Powell to Congress and key data on theAmerican inflationscheduled for Thursday.
On the currency market, theEuro / US Dollar continues the session at the levels of the day before, reporting a variation of -0.05%.Gold is substantially stable at 2,361.1 dollars per ounce. Oil (Light Sweet Crude Oil) continues the session just below parity with a negative variation of 0.30%.
At the same levels as yesterday spreadwhich remains at +137 basis points, with the yield on the 10-year BTP positioned at 3.92%.
Among the Euroland indices moderate contraction for Frankfurtwhich suffers a 0.45% decline, below par London which shows a filing of 0.23%, and Paris drops by 0.90%. In Milan, the FTSE MIB is substantially stable and is positioned at 34,033 points; on the same line, the FTSE Italia All-Sharewith prices positioned at 36,276 points.
Between best performers from Milan, in evidence Prysmian (+4.33%) thanks to the positive opinion of analysts. Also good, Leonardo (+2.83%), Iveco (+2.44%) and Terna (+1.21%).
The strongest drops, however, occur on Finecowhich continues the session with -1.73%, on coverings after the recent increases.
Sharp drop for Generali Insurancewhich marks a -1.59%.
Disappointing Unipolwhich sits just below the levels of the day before.
Weak Unicreditwhich shows a small decrease of 0.62%.
Among the protagonists of the FTSE MidCap, Carel Industries (+3.61%), SOL (+2.92%), Juventus (+2.29%) and Pharmanutra (+1.68%).
The strongest sales, however, are seen on Fincantieriwhich continues trading at -4.26%.
Under pressure Zignago Glasswith a sharp decline of 2.82%.
He suffers Rainwhich shows a loss of 2.03%.
Prey of the sellers Technoprobewith a decrease of 1.63%.
Among macroeconomic appointments which will have the greatest influence on the performance of the markets:
Wednesday 10/07/2024
01:50 Japan: Production prices, monthly (previous 0.7%)
03:30 China: Consumer prices, annual (expected 0.4%; prev. 0.3%)
03:30 China: Production prices, annual (expected -0.8%; previous -1.4%)
10:00 Italy: Industrial production, monthly (expected 0.2%; previous -1%)
10:00 Italy: Industrial production, annual (previous -2.9%).