(Telestock) – Downside session for the main stock markets of the Old Continent. Instead, the Milan square is holding, positioning itself on the parity line. Investors’ attention is now shifting to the start of Wall Street with eyes fixed on the price index of personal consumption expenditures (PCE) and on GDP, which in the coming days will contribute to giving the picture of the trend of the United States.
On the currency market, theEuro / US Dollarwhich is trading at the same levels as yesterday at 1.118. TheGold maintains its position substantially stable at 2,657.5 dollars per ounce. Oil (Light Sweet Crude Oil) continues the session just below parity with a negative variation of 0.72%.
Slight decrease in spreadwhich drops to +127 basis points, while the yield on the 10-year BTP stands at 3.40%.
In the European stock market scenario he hesitates Frankfurtwith a modest decline of 0.39%, a session without momentum for Londonreflecting a moderate increase of 0.27%, and a slow day for Pariswhich marks a decrease of 0.30%. The Milan Stock Exchange remains at parity, with the FTSE MIB which stands at 33,911 points; on the same line, colorless the FTSE Italia All-Sharewhich continues the session at 36,036 points, at the same levels as the day before.
Among the best performers from Milan, in evidence Unicredit (+1.64%), Prysmian (+1.27%), Invite (+1.20%) and DiaSorin (+0.73%).
The strongest drops, however, occur on Nexiwhich continues the session with -1.44%.
Small loss for STMicroelectronicswhich is trading at -1.15%.
He wavers Stellantiswhich gives up 1.03%.
Substantially weak Ferrariwhich recorded a decrease of 0.72%.
Among the Best FTSE MidCap Stocks, Digital Value (+6.73%), Piaggio (+2.25%), BFF Bank (+1.59%) and Fincantieri (+1.55%).
The strongest sales, however, are seen on Maire Tecnimontwhich continues trading at -1.05%.
It moves below parity CIRshowing a decrease of 0.88%.
Moderate contraction for Brembowhich suffered a decline of 0.81%.
Undertone Safilo which shows a reduction of 0.78%.
Among the data relevant macroeconomics:
Wednesday 25/09/2024
08:45 France: Consumer Confidence, Monthly (expected 92; prev. 93)
09:00 Spain: Production prices, annual (previous -1.4%)
4:00 PM USA: New Home Sales (expected 699K units; prev. 739K units)
4:00 PM USA: New Home Sales, Monthly (previous 10.6%)
4:30 PM USA: Oil inventories, weekly (expected -1.2 Mln barrels; prev. -1.63 Mln barrels).