Euroland bourses contract, Piazza Affari weakest
(Teleborsa) - The Milan stock exchange is markedly down, while the major European exchanges see only moderate losses. US markets also see prices slip fractionally.There is no significant change for EUR / USD which, at 1.156, is traded around previous levels. Gold is slightly up at 3,391.4 dollars per ounce. Crude oil rises in an upbeat session, with Light Sweet Crude Oil gaining as much as +2.63%.
The Spread steps up to add 1 basis points, reaching +90 BPs, with the BTP 10-year yield at +3.4%.
Among the major European bourses, Frankfurt is down, with a net loss of 0.96%, London contracts moderately by -0.47%, and Paris is firmly in the red, showing a fall of 0.79%.
A dismal day for the Borsa Italiana as the FTSE MIB declines -1.07%; similarly, the FTSE Italia All-Share retreats -1.03% to trade at 41,935 points.
The FTSE Italia Mid Cap eases -0.63%, as the FTSE Italia Star slips a fraction (-0.67%).
Brunello Cucinelli (+3.09%), Saipem (+2.09%), Tenaris (+1.88%) and ENI (+1.19%) among the top performers in Milan.
Unicredit sees the heaviest sell-offs, now trading -2.74% lower.
Amplifon trades negative, losing -2.55%.
Intesa Sanpaolo plunges -2.33%.
Hera declines by a notable -1.81%.
D'Amico (+3.17%), Piaggio (+1.18%), Comer Industries (+0.96%) and Rai Way (+0.85%) top the ranks of Milan's mid-caps.
Ariston Holding reports the heaviest losses, currently suffering from a -3.42% down.
Ascopiave is struggling, -2.44% down.
Ferragamo suffers losses of 1.98%.
Investors hurry to sell as Intercos declines -1.78%.
Among the most important macroeconomy events:
Tuesday, 6/17/2025
11:00 AM Germany: ZEW economic sentiment (expected 34.8 points; prev. 25.2 points)
2:30 PM USA: import price index, monthly (expected -0.2%; prev. 0.1%)
2:30 PM USA: export price index, monthly (expected -0.1%; prev. 0.1%)
2:30 PM USA: retail sales, monthly (expected -0.5%; prev. -0.1%)
2:30 PM USA: retail sales, yearly (prev. 5%)
3:15 PM USA: industrial production, yearly (prev. 1.5%)
3:15 PM USA: industrial production, monthly (expected 0%; prev. 0.1%).
(Teleborsa) 06-17-2025 04:00 PM