(Telestock) – Widespread buying on European stock marketswith the FTSE MIB which achieved the same positive performance as the Old Continent, in the wake of the new records recorded by Wall Street, the day before. The American market will remain closed today for Independence Day.
Investors’ focus is on UK elections where bets are being placed on the possibility of a historic turnaround if the Labour Party were to secure victory.
The central bank issue remains in the background, with the Federal Reserve still seeming to be leaning towards a softer stance. Today the ECB publishes the minutes of its June meeting.
On the currency market, little movement was seen.Euro / US Dollarwhich is trading at the same levels as yesterday at 1.079. TheGold is substantially stable at $2,354.5 per ounce. Caution prevails on the oil market, with oil (Light Sweet Crude Oil) continuing the session with a slight decline of 0.08%.
He’s galloping back spreadwhich is positioned at +143 basis points, with a strong increase of 7 basis points, while the 10-year BTP reports a yield of 4.01%.
Among the main European stock exchanges moves modestly upwards Frankfurtshowing an increase of 0.31%, a positive balance for Londonwhich boasts a progress of 0.54%, and is substantially toned Pariswhich recorded a capital gain of 0.63%. The Milan stock exchange shows a timid gain, with the FTSE MIB which is recording a +0.63%; along the same lines, a small leap forward for the FTSE Italia All-Sharewhich reaches 36,278 points.
At the top of the list of the most important titles of Milan, we find BPER (+1.78%), DiaSorin (+1.67%), Campari (+1.48%) and Leonardo (+1.39%).
The strongest sales, however, are seen on Saipemwhich continues trading at -1.50%.
Between Best FTSE MidCap Stocks, Ferragamo (+3.52%), Juventus (+2.04%), Mondadori (+1.82%) and Brembo (+1.77%).
The strongest sales, however, are seen on Maire Tecnimontwhich continues trading at -1.52%.
Modest descent for Ascopiavewhich gives up a small -1.27%.
Thoughtful Italmobiliarewith a fractional drop of 0.68%.
He wavers SOLwith a modest decrease of 0.60%.
Between macroeconomic variables of greater weight:
Thursday 04/07/2024
08:00 Germany: Industrial orders, monthly (expected 0.5%; previous -0.6%)
Friday 05/07/2024
01:30 Japan: Real household expenditure, monthly (expected 0.5%; previous -1.2%)
08:00 Germany: Industrial production, monthly (expected 0.2%; previous -0.1%)
08:00 Germany: Industrial production, annual (previous -3.86%)
08:45 France: Current accounts (previous -1.8 billion Euro).