(Telestock) – Positive closing for European stock marketswith Piazza Affari being the best thanks to the Auto and Banking sectors, in tandem with the upward trend of Wall Street in the wake of the comforting data from US inflation confirming expectations for a 25 basis point rate cut at the Federal Reserve’s September meeting. In particular, the consumer price index rose 0.2% in July, after falling 0.1% in June, the Labor Department’s Bureau of Labor Statistics said, which said that on an annual basis, the consumer price index rose 2.9% after rising 3% in June and compared with expectations of +3%.
Still on the macroeconomic front, in United Kingdom Inflation was lower than consensus in July (-0.2% m/m and +2.2% y/y for the general index and +3.3% y/y for the index net of the most volatile components); inEurozone The second reading of Q2 GDP confirmed growth of +0.3% q/q and +0.6% y/y, while in June industrial production surprised negatively with a decline of -0.1% m/m (the May figure was also revised downwards to -0.9%).
Slight growth of theEuro / US Dollarwhich rises to 1,102. Thegoldwhich is trading at $2,446.3 per ounce, retracing 0.78%. Widespread selling on the petrolium (Light Sweet Crude Oil), which continues the day at $77.71 per barrel.
Consolidates the levels of the day before spreadsettling at +142 basis points, with the 10-year BTP yield which stands at 3.57%.
Among the markets of the Old Continent positive balance for Frankfurtwhich boasts a progress of 0.41%, substantially tonic Londonwhich recorded a capital gain of 0.56%, and a positive trend for Pariswhich advances by a decent +0.79%.
Business Square ends the session on the rise, with the FTSE MIB which advances to 32,328 points, continuing the positive streak that began last Friday; along the same lines, a day of gains for the FTSE Italia All-Sharewhich ends the day at 34,457 points. The FTSE Italia Mid Cap (+0.91%); along the same lines, positive FTSE Italia Star (+0.93%).
The Milan Stock Exchange reports that the value of trades in the session of 08/14/2024 it was equal to 1.68 billion euros, from 1.73 billion in the previous session; while the volumes traded went from 0.35 billion shares in the previous session to 0.33 billion.
At the top of the list of the most important titles of Milan, we find Ferrari (+4.00%), Telecom Italia (+3.44%), Leonardo (+3.16%) and Sondrio People’s Bank (+2.66%).
The strongest sales, however, hit Tenariswhich ended trading at -0.51%.
Among the protagonists of the FTSE MidCap, Juventus (+9.39%), San Lorenzo (+3.62%), Anima Holding (+2.61%) and Zignago Glass (+2.29%).
The worst performances, however, were recorded on MFE Bwhich closed at -1.48%. Pensive IRENwith a fractional decline of 0.91%. He wavers Ferragamowith a modest decline of 0.62%. A slow day for Danielswhich marks a decrease of 0.60%.