(Finance) – The financial session of the European stock exchanges moves downwards, while Piazza Affari resists the wind of sales. The focus is still on the crisis in Ukraine, where a Russian missile attack hit near the Lviv airport this morning. On the macroeconomic front, Italy recorded a trade deficit with the rest of the world of 5.052 billion euros in January, a significant increase compared to the same month last year (as well as the energy deficit).
According to Goldman Sachs, the markets may be too relaxed on the downside risks related to the war in Ukraine. The recent outperformance of European assets and a reversal of sharp rises in oil prices “indicate a significant easing in the market’s assessment of the global implications” of the invasion, the US investment bank wrote in a statement. The assets are now “more vulnerable if progress towards resolution proves fleeting or if the energy supplies suffer a more serious interruption “.
Caution prevails onEuro / US dollar, which continues the session with a slight decrease of 0.31%. Caution prevails ongold, which continues the session with a slight decrease of 0.42%. Slight increase in Petroleum (Light Sweet Crude Oil) rising to $ 103.9 per barrel.
Consolidate the levels of the eve it spreadsettling at +151 basis points, with the yield on the ten-year BTP standing at 1.89%.
Among the main European stock exchanges disappointing Frankfurtwhich lies just below the levels of the eve, neglected Londonwhich remains stuck on the levels of the eve, and sluggish Pariswhich shows a small decrease of 0.68%.
Piazza Affari remained substantially stable, continuing the session on the eve of the eve, with the FTSE MIB which stops at 24,148 points; on the same line, the FTSE Italia All-Share (Piazza Affari), which is positioned at 26,415 points, close to the previous levels.
Almost unchanged the FTSE Italia Mid Cap (+ 0.05%); slightly positive on FTSE Italia Star (+ 0.32%).
Between best performers of Milan, in evidence It is in the (+ 2.43%), Atlantia (+ 1.74%), Terna (+ 1.37%) e Inwit (+ 1.33%).
The strongest falls, on the other hand, occur on Telecom Italiawhich continues the session with -2.75%.
Black session for Stellantiswhich leaves a loss of 2.11% on the table.
The negative performance of Iveco Groupwhich falls by 1.88%.
Pirelli drops by 1.75%.
At the top among Italian stocks a mid cap, Mutuionline (+ 3.96%), Biesse (+ 3.41%), Rai Way (+ 1.83%) e Zignago Glass (+ 1.76%).
The strongest sales, on the other hand, show up on Mfe Awhich continues trading at -3.43%.
At a loss Saraswhich falls by 3.18%.
Heavy Webuildwhich marks a drop of -3.09 percentage points.
Negative sitting for Esprinetwhich falls by 2.02%.
Between the data relevant macroeconomics:
Friday 18/03/2022
00:30 Japan: Consumption prices, annual (previous 0.5%)
05:30 Japan: Services index, monthly (previous 0.1%)
11:00 am European Union: Trade balance (previous – € 4.6 billion)
11:00 am European Union: Labor cost index, annual (previous 2.5%)
15:00 USA: Leading indicator, monthly (expected 0.3%; previous -0.3%).