(Telestock) – Overall positive day for European marketswith investors’ attention focused on the ECB meeting on Thursday. Markets are already pricing in a 25 basis point cut. Also in focus are US inflation, coming tomorrow, and the first showdown between Harris and Trump.
THE’Euro / US Dollar continues the session at the levels of the day before, reporting a variation of -0.13%. Slight increase ingoldwhich rises to $2,516.6 per ounce. Oil (Light Sweet Crude Oil) falls by 4.78%, falling to $65.43 per barrel.
Unchanged it spreadwhich is positioned at +140 basis points, with the yield on the 10-year BTP standing at 3.52%.
Among the main European stock exchanges under pressure Frankfurtwhich shows a drop of 0.96%, slips Londonwith a clear disadvantage of 0.78%, and substantially weak Pariswhich recorded a decline of 0.24%. Negative session for Piazza Affari, with the FTSE MIB which leaves 1.12% on the floor; along the same lines, the FTSE Italia All-Share lost 1.07%, ending the session at 35,313 points.
Just below parity the FTSE Italia Mid Cap (-0.43%); as well as, below parity the FTSE Italia Starwhich shows a decrease of 0.47%.
The value of trades in the session of 09/10/2024 at Piazza Affari was equal to 2.31 billion euros, with an increase of 520.7 million euros, equal to 29.03%, compared to the previous 1.79 billion; while the volumes traded went from 0.33 billion shares in the previous session to 0.49 billion.
Among the best Blue Chips of Piazza Affari, small steps forward for ERGwhich marks a marginal increase of 1.38%.
Moderately positive day for Italgaswhich rises by a fractional +1.18%.
Sitting without momentum for DiaSorinreflecting a moderate increase of 0.73%.
The strongest sales, however, hit Saipemwhich ended trading at -4.54%.
Negative session for Unipolwhich falls by 4.20%.
In red STMicroelectronicswhich shows a sharp decline of 3.52%.
The negative performance of stands out Sondrio People’s Bankwhich falls by 3.06%.
Among the protagonists of the FTSE MidCap, Pharmanutra (+10.99%), Multiply Group (+4.01%), LU-VE Group (+2.82%) and Comer Industries (+2.51%).
The strongest sales, however, hit De Nora Industrieswhich ended trading at -3.52%.
Intercos drops by 3.13%.
Sharp drop for Tinextawhich marks a -3.04%.
Under pressure Ferragamowith a sharp decline of 2.40%.
Among the macroeconomic variables of greater weight:
Tuesday 10/09/2024
08:00 Germany: Consumer prices, annual (expected 1.9%; previous 2.3%)
08:00 Germany: Consumer prices, monthly (expected -0.1%; prev. 0.3%)
08:00 United Kingdom: Unemployment rate (expected 4.1%; previous 4.2%)
08:00 United Kingdom: Unemployment Claims (expected 95.5K; prev. 102.3K)
10:00 Italy: Industrial production, monthly (expected -0.2%; prev. 0.5%).