(Telestock) – The balance sheet closes positively for European stock markets. Bullish day also for Piazza Affari. Wall Street continues to ride the wave of uncertainty, with theS&P-500which reports a cautious +0.15%.
The week for financial markets has started cautiously, awaiting the accounts of the tech giant Nvidiaconsidered by industry insiders to be a litmus test for evaluating the state of investments in AI. After the quarterly results of the Santa Clara-based company, investors welcomed the decline in consumer prices in Europefrom which the ECB will take heart from this, as the data clearly paves the way for another interest rate cut at the September meeting. Good news also came from across the ocean, with encouraging statistics, where thecore PCE inflation, key data for the next moves of the Fed on monetary policy.
No significant changes for theEuro / US Dollarwhich is trading at the same levels as yesterday at 1.106. A weak session for thegoldwhich trades with a decrease of 0.69%. Sales prevail in oil (Light Sweet Crude Oil), which continues the day at 73.94 dollars per barrel, a sharp decrease of 2.59%.
Slight worsening of the spreadwhich rises to +143 basis points, with an increase of 2 basis points, with the yield on the 10-year BTP at 3.69%.
Among the main European stock exchanges remains close to parity Frankfurt (-0.03%), flat Londonwhich holds parity, and without any hints Pariswhich does not show significant variations in prices. Slight increase for the Milan Stock Exchange, which shows on FTSE MIB a rise of 0.53%, consolidating the series of four consecutive increases, started last Tuesday; along the same lines, the FTSE Italia All-Share proceeds in small steps, advancing to 36,588 points.
At Piazza Affari it appears that the value of trades in the last one it was equal to 3.06 billion euros, with an increase of 1,172.2 million euros, equal to 62.01% compared to the previous 1.89 billion; while the traded volumes went from 0.4 billion shares in the previous session to 0.51 billion shares on 08/30/2024.
Among the best Blue Chips of Piazza Affari, supported Sondrio People’s Bankwith a decent gain of 2.72%.
Good ideas on BPERwhich shows a wide lead of 2.43%.
Well set up Ivecowhich shows an increase of 1.97%.
Tonic Azimuth which shows a nice advantage of 1.79%.
The strongest drops, however, occurred on DiaSorinwhich closed the session at -1.56%.
Weak day for Amplifierwhich marks a decrease of 1.35%.
Small loss for ENIwhich trades at -0.89%.
He wavers Saipemwhich gives up 0.78%.
At the top among Italian stocks mid cap, Juventus (+8.64%), El.En (+4.96%), Pharmanutra (+4.64%) and Ferretti (+3.80%).
The strongest drops, however, occurred on MFE Bwhich closed the session at -1.92%.
Substantially weak Philogenwhich recorded a decline of 1.40%.
It moves below parity Comer Industriesshowing a decrease of 0.91%.
Moderate contraction for GVSwhich suffers a decline of 1.17%.
Among the macroeconomic appointments which will have the greatest influence on the performance of the markets:
Friday 08/30/2024
01:30 Japan: Unemployment rate (expected 2.5%; previous 2.5%)
01:50 Japan: Industrial production, monthly (expected 3.6%; previous -4.2%)
01:50 Japan: Retail sales, annual (expected 2.8%; prev. 3.8%)
07:30 France: Employment, quarterly (expected 0%; prev. 0%)
08:45 France: Consumer prices, annual (expected 1.8%; previous 2.3%).