All European markets slightly lower
(Teleborsa) - Milan flags in the wake of Europe's major bourses. Wall Street sees the S&P-500 move up a notch, registering an increase of 0.27%.EUR / USD climbs a tad to 1.084. Gold trades slightly up at 2,337.3 dollars per ounce. Light Sweet Crude Oil shows a timid gain of +0.73%.
The Spread is broadly on the previous day's level as it settles at +128 basis points, while the Italy ten-year BTP is at +3.87%.
Among the European markets, tottering Frankfurt dips -0.48%, London is definitely weaker with a -0.27% decrease, and Paris slips just under the flatline with a -0.37% decrease.
Caution prevails in Milan as the FTSE MIB registers a marginal drop of -0.37%; similarly, the FTSE Italia All-Share loses -0.33% to trade at 36,548 points.
The FTSE Italia Mid Cap holds the line (+0.13%), as the FTSE Italia Star holds previous levels (-0.16%).
Among Italy's best performing large-caps, Iveco secures a tidy +2.37% gain.
Unipol rises +1.76% on positive cues.
Moncler records a fairly pedestrian increase of +1.38%.
Poste Italiane is only just in the black as it climbs a scant +0.85%.
MPS Bank has the worst performance, with a -1.85% down.
Interpump Group contracts moderately by -1.36%.
Stmicroelectronics is subdued, shedding -1.3%.
Banca Popolare Sondrio falls just below its previous value.
Rai Way (+3.89%), Philogen (+3.84%), Maire (+3.26%) and Fincantieri (+2.31%) top the ranks of Milan's mid-caps.
Digital Value has the worst performance, with a -3.44% down.
GVS is firmly in the red, showing a fall of 2.85%.
LU-VE Group trades negative, losing -2.71%.
Industrie De Nora plunges -1.95%.
Among the most relevant macroeconomic data:
Friday, 5/24/2024
1:30 AM Japan: consumer price index, yearly (prev. 2.7%)
8:00 AM Germany: gross domestic product, quarterly (expected 0.2%; prev. -0.3%)
8:00 AM United Kingdom: retail sales, monthly (expected -0.5%; prev. -0.2%)
8:00 AM United Kingdom: retail sales, yearly (expected -0.2%; prev. 0.4%)
9:00 AM Spain: producer price index, yearly (prev. -8.2%)
2:30 PM USA: durable goods orders, monthly (expected -0.9%; prev. 0.8%)
4:00 PM USA: Michigan consumer sentiment (expected 67.4 points; prev. 77.2 points).
(Teleborsa) 05-24-2024 04:00 PM