All European markets slightly lower

(Teleborsa) - Milan flags in the wake of Europe's major bourses.

EUR / USD advances with a fractional gain of +0.24%. Gold is slightly up at 2,328.5 dollars per ounce. Light Sweet Crude Oil meanders around the flatline, settling at 82.96 dollars per barrel.

The Spread is at +138 basis points, near the previous day's level, while the ten-year BTP settles at +3.93%.

Among the European markets, Frankfurt trades negative, losing -0.73%, London records a fairly pedestrian increase of +0.59%, and Paris plunges -0.91%.

The Milan stock market looks weak, with the FTSE MIB trading -0.23% lower; similarly, the FTSE Italia All-Share is slightly down, trading just below the flatline at 36,325 points.

The FTSE Italia Mid Cap holds previous levels (-0.12%); the FTSE Italia Star slips a fraction (-0.25%).

Among Italy's best performing large-caps, Stmicroelectronics forges ahead by +2.64%.

Hera is only just in the black as it climbs a scant +1.31%.

Bper lacks momentum in this session, reflected in a moderate gain of 1.23%.

MPS Bank makes fairly pedestrian progress (+1.09%).

Leonardo sees the heaviest sell-offs, now trading -4.09% lower.

Moncler declines by a notable -3.05%.

Recordati is struggling, -2.28% down.

Brunello Cucinelli suffers losses of 2.23%.

Maire Tecnimont (+3.64%), D'Amico (+2.23%), Marr (+1.86%) and Philogen (+1.40%) are among the big players in the FTSE Italia Mid Cap index.

GVS has the worst performance, with a -1.82% down.

Investors hurry to sell as Brembo declines -1.78%.

Ferragamo contracts moderately by -1.4%.

Industrie De Nora is subdued, shedding -1.37%.

Among the macroeconomic variables of high impact:

Thursday, 4/25/2024
9:00 AM Spain: producer price index, yearly (prev. -8.2%)
2:30 PM USA: initial jobless claims, weekly (expected 214K units; prev. 212K units)
2:30 PM USA: wholesale trade inventories, monthly (expected 0.2%; prev. 0.5%)
2:30 PM USA: gross domestic product, quarterly (expected 2.5%; prev. 3.4%)
4:00 PM USA: pending home sales index, monthly (expected 0.3%; prev. 1.6%)

Friday, 4/26/2024
8:45 AM France: consumer confidence, monthly (prev. 91 points)
9:00 AM Spain: unemployment rate, quarterly (expected 11.7%; prev. 11.76%).

(Teleborsa) 04-25-2024 01:00 PM