European stock markets buoyant along with Milan. Focus on US bank quarterly results

Soges Group towards debut on the stock exchange with a

(Telestock) – Positive balance for the markets of the Old Continent and for Piazza Affariwhich benefits from some good ideas among the blue-chips. The stock markets are supported by US inflation datawhich have strengthened expectations of a Fed rate cut in September, while attention remains focused on Banks’ quarterly results coming out overseas.

L’Euro / US Dollar continues trading with a fractional gain of 0.19%. Caution prevails on thegoldwhich continues the session with a slight decline of 0.61%. Oil (Light Sweet Crude Oil) shows a fractional gain of 0.84%.

Slight improvement of the spreadwhich drops to +131 basis points, with a decrease of 2 basis points, while the yield on the 10-year BTP stands at 3.81%.

Among the Euroland indices resistant Frankfurtwhich marks a small increase of 0.43%, London advances by 0.29%, and a decidedly positive balance for Pariswhich boasts a progress of 0.72%.

Slight increase for the Milan Stock Exchange, with the FTSE MIB which rose by 0.58% to 34,516 points, continuing the positive streak that began last Wednesday; along the same lines, the FTSE Italia All-Share advances fractionally, reaching 36,768 points.

Slightly positive the FTSE Italia Mid Cap (+0.25%); without direction the FTSE Italia Star (-0.14%).

Among the best Blue Chips of Piazza Affari, good performance for Saipemwhich grew by 2.07% after signing an agreement with BP.

Supported Tenariswith a decent gain of 1.96%.

Good ideas on Invitewhich shows a wide advantage of 1.87% in the wake of a positive opinion from JP Morgan.

Well set up Ivecowhich shows an increase of 1.57%.

The worst performances, however, are recorded on Herawhich gets -0.72%.

He wavers A2Awhich gives up 0.63%.

Substantially weak Unipolwhich recorded a decrease of 0.61%.

It moves below parity MPS Bankshowing a decrease of 0.55%.

Between Best FTSE MidCap Stocks, BFF Bank (+9.41%), after the Board of Directors approved the reply to the Bank of Italy following the concerns regarding credit, governance and remuneration.

Brilliant too Maire Tecnimont (+3.05%), Mondadori (+2.43%) and Tinexta (+2.06%).

The strongest sales, however, are seen on MFE Bwhich continues trading at -3.70%.

Slip MFE Awith a clear disadvantage of 3.45%.

In red Carel Industrieswhich shows a sharp decline of 2.37%.

The negative performance of stands out Sesawhich falls by 1.50%.

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