(Teleborsa) – Weak session for the Milanese price listas well as for the rest of the European stock markets, with investors cautiously awaiting the report on American jobs, arriving today, and in view of the Fed and BoJ meetings next week.
Today’s data on US labor market, should provide clues to the timing of interest rate cuts by the central bank led by Jerome Powell. The data on the day before, on weekly requests for unemployment benefits, higher than analysts’ expectations, fueled hopes for a cut in government rates. Federal Reserve.
Meanwhile the ECB cut interest rates for the first time in almost 5 years, as did the Central Bank of Canadawhich preceded the Eurotower, cut the cost of money.
On the currency market, little movedEuro / US Dollar, which trades on the day before at 1.089. Substantially stable thegold, which continues the session at the levels of the day before at 2,374.1 dollars an ounce. Oil (Light Sweet Crude Oil) continues the session at the levels of the day before, reporting a change of +0.12%.
On equality, yes spreadwhich remains at +129 basis points, with the yield on the 10-year BTP standing at 3.84%.
Among the Euroland indices thoughtful Frankfurtwith a fractional decline of 0.37%, falters Londonwith a modest decline of 0.20%, and a slow day for Paris, which marks a decline of 0.29%. In Milan, it moves below parity FTSE MIB, which drops to 34,708 points, with a percentage difference of 0.36%; on the same line, the FTSE Italia All-Sharewhich loses 0.32%, trading at 36,939 points.
Among the best Blue Chips of Piazza Affari, positive balance for Nexiwhich boasts an increase of 1.13%.
Substantially toned Tenariswhich recorded a capital gain of 1.08%.
The steepest declines, however, occur at BPERwhich continues the session with -0.98%.
Small loss for Banca Popolare di Sondriowhich trades at -0.98%.
He hesitates Ivecowhich lost 0.94%.
Basically weak Ferrariwhich recorded a decline of 0.90%.
Between best stocks in the FTSE MidCap, Ferretti (+0.98%), MARR (+0.83%), Digital Value (+0.81%) e The Italian Sea Group (+0.74%).
The worst performances, however, are recorded on MortgagesOnlinewhich gets -2.88%.
Under pressure Philogenwith a sharp decline of 1.91%.
He suffers Fincantieriwhich shows a loss of 1.53%.
It moves below parity Pharmanutrahighlighting a decrease of 1.04%.
Among the data relevant macroeconomic factors:
Friday 06/07/2024
01:30 Japan: Real household expenditure, monthly (expected 0.2%; previously 1.2%)
08:00 Germany: Trade balance (expected 22.6 billion euros; previously 22.2 billion euros)
08:00 Germany: Industrial production, annual (previous -4.25%)
08:00 Germany: Industrial production, monthly (expected 0.1%; previously -0.4%)
08:45 France: Current accounts (previously 600 million euros).
