European stock markets rise awaiting US inflation and ECB meeting

(Teleborsa) – European markets are moving higher, in a wait-and-see climate for the important indications for monetary policy arriving between today and tomorrow. Today’s focus is on the data on US consumer prices, which in March should have recorded an acceleration on the year, albeit with a slight cooling of the underlying component. Tomorrow it will then be the turn of the ECB, from which the market does not expect changes to rates but confirmation of a broad consensus for a rate cut already at the June meeting.

L’Euro / US Dollar maintains the position essentially stable at 1.086. L’Gold the session continues at the levels of the day before, reporting a change of +0.12%. The oil market is substantially stable, continuing the session at the levels of the day before with the petrolium (Light Sweet Crude Oil) which trades at 85.34 dollars per barrel.

Consolidates the levels of the day before spreadsettling at +135 basis points, with the yield of the ten-year BTP which stands at 3.69%.

Among the markets of the Old Continent good ideas on Frankfurtshowing a large lead of 0.77%, moderate gain for Londonwhich advances by 0.54%, and small steps forward for Pariswhich marks a marginal increase of 0.52%.

The Milanese price list shows a good profit, with the FTSE MIB which is achieving +0.64%; along the same lines, the FTSE Italia All-Share advances fractionally, reaching 36,360 points. Just above parity the FTSE Italia Mid Cap (+0.24%); as well as, fractional earnings for the FTSE Italia Star (+0.42%).

Among the best Blue Chips of Piazza Affari, well set out MPS Bankwhich shows an increase of 2.97%. Toned Telecom Italia which highlights a nice advantage of 1.99%. In light STMicroelectronics, with a large increase of 1.74%. Positive trend for Unipolwhich advances by a discreet +1.58%.

The worst performances, however, are recorded on Amplifon, which gets -1.20%. Slow day for Italgas, which marks a decline of 1.06%. Small loss for Iveco, which trades at -0.96%. He hesitates DiaSorinwhich lost 0.83%.

At the top among Italian shares a mid-cap, MFE B (+2.49%), Ifis Bank (+2.36%), MFE A (+2.20%) e SOL (+1.72%).

The worst performances, however, are recorded on Juventus, which gets -2.59%. The negative performance of Ferragamo, which falls by 1.77%. Basically weak Acea, which recorded a decline of 1.16%. It moves below parity Buzzi Unicemhighlighting a decrease of 0.94%.

(Teleborsa) 10-04-2024 10:34