Positive European markets. Milan on pole

Positive European markets Milan on pole

(Tiper Stock Exchange) – The main Euroland markets are moving in positive territory. On the same bullish trail the FTSEMIB. Meanwhile remains directionless in the USA theS&P-500, with investors’ eyes focused on central banks increasingly hawkish. The US economy created fewer jobs in June than analysts expected, but it hasn’t convinced investors that the Fed’s pause will continue in July. In an interview released today, ECB President Christine Lagarde reiterated that the work of monetary policy to bring down inflation is not over, thus confirming her orientation to raise rates again at the Governing Council meeting at the end of July.

On the foreign exchange market, theEuro / US Dollar shows a modest gain, with an increase of 0.62%. L’Gold, up (+1%), reaching 1,930.2 dollars an ounce. Euphoric session for crude oil, with oil (Light Sweet Crude Oil) showing a jump of 1.67%.

It retreats a little spreadswhich reaches +165 basis points, showing a small decrease of 2 basis points, while the yield on the 10-year BTP stands at 4.28%.

In the European stock market scenario small steps forward for Frankfurtwhich marks a disappointing marginal increase of 0.48%. Londonwhich lies just below the levels of the eve, and a moderately positive day for Pariswhich rises by a fractional +0.42%.
At Piazza Affari, the FTSEMIB continues the day with an increase of 0.99%, to 27,778 points, interrupting the series of three consecutive declines, which began last Tuesday; on the same line, rising the FTSE Italia All-Sharewhich increases compared to the day before, reaching 29,818 points.

At the top of the ranking of the most important titles of Milan, we find Saipem (+4.70%), Iveco (+3.75%), Phinecus (+3.01%) and BPER (+2.70%).

The worst performances, however, are recorded on amplifierwhich gets -1.69%.

Slack Triadwhich shows a small decrease of 0.90%.

Modest descent for Inwitwhich drops a small -0.77%.

Thoughtful snama fractional decline of 0.67%.

At the top of the mid-cap rankings from Milan, De Nora Industries (+5.86%), Carel Industries (+4.62%), Intercos (+3.23%) and Banca Ifis (+2.71%).

The worst performances, however, are recorded on Aceawhich gets -1.49%.

He hesitates Salcef Groupwith a modest decrease of 0.90%.

Slow day for Pharmanutrawhich marks a decline of 0.68%.

Small loss for SOLwhich trades with -0.57%.

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