(Telestock) – The main Euroland markets are moving in positive territory. In the same bullish vein the FTSE MIBInvestors’ anticipation grows for Fed chairman’s speech Jerome Powell in Jackson Hole, as investors look for signs of a September rate cut and the speed of monetary easing by the U.S. central bank, whose rates are at a 23-year high.
Over the weekend, the president of the Chicago Fed Austin Goolsbee said in an interview with CBS that a failure to cut rates next month could hurt the labor market, while the president of the San Francisco Fed Mary Daly said in an interview with the Financial Times that it is time to consider an adjustment in the cost of money. Today the president of the Minneapolis Fed Neel Kashkari he said in an interview with the Wall Street Journal that the debate about a potential rate cut in September is appropriate.
THE’Euro / US Dollar maintains a substantially stable position at 1.104. Slight decline in thegoldwhich falls to 2,492.1 dollars an ounce. The petrolium (Light Sweet Crude Oil), which trades at $76.04 per barrel, down 0.80%.
Unchanged it spreadwhich is positioned at +139 basis points, with the 10-year BTP yield which stands at 3.60%.
Among the main European stock exchanges Frankfurt advances by 0.23%, little moved Londonwhich shows a -0.05%, and moves modestly upwards Parisshowing an increase of 0.38%.
Seat slightly raised for Business Squarewith the FTSE MIBwhich advances to 33,238 points, continuing the bullish streak highlighted by six consecutive gains, triggered on the 9th of this month; along the same lines, the FTSE Italia All-Share proceeds in small steps, advancing to 35,383 points. In fractional progress the FTSE Italia Mid Cap (+0.36%); on the same trend, just above parity the FTSE Italia Star (+0.36%).
Among the best Blue Chips of Piazza Affari, Telecom Italia advances by 3.74%. It moves in positive territory Stellantisshowing an increase of 1.89%. Money on BPERwhich recorded a rise of 1.74%. Positive balance for Nexiwhich boasts a progress of 1.29%.
Among the protagonists of the FTSE MidCap, De’Longhi (+2.66%), Ariston Holding (+1.94%), Tinexta (+1.59%) and GVS (+1.54%).
The strongest sales, however, are seen on From Friendwhich continues trading at -1.23%. It moves below parity Technogymshowing a decrease of 0.82%. Moderate contraction for Fincantieriwhich suffers a decline of 0.79%. Below par Digital Value which shows a reduction of 0.79%.