European stock markets are positive at the start of the session. The Dax advances by 0.42%, the Cac40 by 0.25%, the Ftse100 by 0.39% and the Ftse Mib by 0.41% to 34,014 points. However, US futures moved little (+0.07% on the Dow Jones and +0.07% on the S&P500) on a day full of events for US investors, with the publication of the results of the consumer price index for the month of May at 2.30 pm while the monetary policy decision is expected tonight at 8 pm Federal Reserve from which no reduction in interest rates is expected. Investors will be focused on the new economic projections and what the president, Jerome Powell, will say.
Numerous speeches by members of the group are scheduled for the day ECB: Tuominen’s speech is expected at 11.15am, Schnabel’s at 11.30am, Buch’s at 1.30pm, de Guindos’ at 3pm, McCaul’s at 3.45pm and Tuominen’s at 4pm.
There were numerous other macro data of the day, not just American inflation. Coming out of the United Kingdom are industrial production in April and inflation in Germany’s final May. To then move on at 1pm in the United States with the weekly mortgage requests index and close at 4.30pm with the weekly oil stocks
On the currency front, euro/dollar stuck at 1.074 while on the energy front, crude oil rose again with Brent at 82.4 (+0.6%) and WTI at 78.52 (+0.8%).
The general assembly of. is held in Rome Confcommercio-Imprese for Italy. Participants include, among others, Sergio Mattarella, President of the Republic; Adolfo Urso, Minister of Business and Made in Italy; Carlo Sangalli, president Confcommercio.
PHOTO: IMAGOECONOMICA
