Europe remains at a standstill. Focus on central banks

Weak European markets Milan stems sales

(Finance) – Piazza Affari does not move from the values ​​of the day before, in line with the main Euroland markets. On the New York stock exchange, theS&P-500.

The focus of investors remains concentrated on central banks, from one side of the ocean to the other. The final data on European inflation which showed a stable price trend in April is part of a possible rate cut in June by the ECB. Isabel Schnabel, member of the executive board of the European Central Bank, called a reduction in the cost of money next month “appropriate”, while underlining the Eurotower’s caution about further moves.

On the currency market, little movedEuro / US Dollar, which trades on the day before at 1.087. Positive session forgold, which is bringing home a gain of 1.27%. Crude Oil (Light Sweet Crude Oil) shows a fractional gain of 0.48%.

Consolidates the levels of the day before spreadsettling at +128 basis points, with the yield on the 10-year BTP standing at 3.77%.

In the European stock market scenario flat Frankfurtwhich holds parity, a slow day for Londonwhich marks a decline of 0.22%, and small loss for Paris, which trades at -0.26%. Piazza Affari closed the session at the levels of the day before, reporting a change of -0.03% on the FTSE MIB; along the same lines, the FTSE Italia All-Share remains at 37,618 points.

On the Milan Stock Exchange it appears that the exchange value in the session of 05/17/2024 it was equal to 3.48 billion euros, an increase compared to the 3.16 billion of the previous session; while the volumes traded went from 0.64 billion shares in the previous session to 0.71 billion.

Among the best Blue Chips of Piazza Affari, supported BPM deskwith a decent gain of 2.85%.

Good insights on MPS Bankwhich shows a large lead of 2.80%.

Well set up Saipemwhich shows an increase of 2.80%.

Toned Unipol which highlights a nice advantage of 2.66%.

The strongest sales, however, hit ERGwhich ended trading at -3.76%.

In red Interpumpwhich highlights a sharp decline of 2.54%.

The negative performance of Campariwhich fell by 2.19%.

Stellantis drops by 1.79%.

Between best stocks in the FTSE MidCap, BFF Bank (+4.17%), MortgagesOnline (+2.57%), Intercos (+2.56%) e LU-VE Group (+2.52%).

The worst performances, however, were recorded on Carel Industrieswhich closed at -3.99%.

Decline decided for Comer Industrieswhich marks -2.65%.

Under pressure Saint Lawrencewith a sharp decline of 2.34%.

He suffers Tinextawhich highlights a loss of 2.31%.

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