(Finance) – The European stock exchanges and Piazza Affari start trading on the riseon the back of the brilliant performance of the Asian markets, despite the caution that precedes the Fed decisionsfrom which another rate hike of 75 basis points is expected.
Signs of a pause in the rate hike cycle are expected from the FOMC, but so is the President of the ECB Christine Lagarde today he signaled that inflation may have peaked and that rate hikes will ensure that it returns to the 2% target over the medium term.
PMI data expected for today of the Euro Zone and the United States, after the Chinese PMI has recovered from the lows, but remained below the key threshold of 50 points.
L’Euro / US dollar trading continues with a fractional gain of 0.51%. Positive day forgold, which continues the session at $ 1,650.45 an ounce. Strong Gains for Light Sweet Crude Oil, up 1.63%.
Excellent level of spreadwhich drops to +211 basis points, with a decrease of 12 basis points, with the yield of the 10-year BTP reaching 4.20%.
In the European stock market scenario composed Frankfurtwhich grows by + 1%, London it is up 1.31%, and moves into positive territory Parisshowing an increase of 1.61%.
Positive session for the Milanese list, which shows a gain of 1.49% on FTSE MIB; along the same lines, positive performance for the FTSE Italia All-Sharewhich continues the day with an increase of 1.40% compared to the previous close.
On the rise the FTSE Italia Mid Cap (+ 1.17%); on the same trend, the FTSE Italia Star (+ 1.01%).
Between best Italian stocks large cap, money on Telecom Italiawhich recorded an increase of 3.23%.
Definitely positive results for Monclerwhich boasts a progress of 3.00%.
Good performance for Campariwhich grew by 2.73%.
Sustained Finecowith a decent gain of 2.53%.
The worst performances, on the other hand, are recorded on Pirelliwhich gets -0.73%.
Among the protagonists of the FTSE MidCap, Brunello Cucinelli (+ 2.98%), CIR (+ 2.46%), Ferragamo (+ 2.42%) e Mfe A (+ 2.37%).
The worst performances, on the other hand, are recorded on Pharmanutrawhich marks a -1.18%.