
European markets positive

EUR / USD broadly maintains the previous session's levels, with a change of only +0.12%. Gold is slightly up at 2,673.4 dollars per ounce. Light Sweet Crude Oil trades fractionally lower in this session, shedding -0.46% so far.
The Spread slips to +121 basis points, down -2 BPs, while the Italy 10Y BTP yield stands at +3.78%.
Among the major European bourses, Frankfurt is modestly up (+0.67%), London lacks momentum, trading with a -0.1% change, and Paris is in positive territory with a +0.99% increase.
In a strong day for the Milan bourse the FTSE MIB gains +0.75%; similarly, the FTSE Italia All-Share surges above the previous day's levels to trade at 37,198 points.
The FTSE Italia Mid Cap inches up +0.4%; on the same trend direction, FTSE Italia Star puts in a good performance (+0.73%).
Pirelli & C (+3.38%), Iveco (+2.69%), Banca Popolare Sondrio (+2.54%) and A2A (+2.48%) among the top performers in Milan.
Nexi sees the heaviest sell-offs, now trading -2.89% lower.
Tenaris is definitely weaker with a -1.05% decrease.
ENI slips just under the flatline with a -1.04% decrease.
Saipem contracts moderately by -0.73%.
Technoprobe (+2.74%), Caltagirone (+2.13%), MFE A (+1.69%) and Philogen (+1.62%) top the ranks of Milan's mid-caps.
D'Amico reports the heaviest losses, currently suffering from a -1.77% down.
Fincantieri is subdued, shedding -0.59%.
Lottomatica falls just below its previous value.
Among the macroeconomic rendez-vous that might have high influence on the markets:
Tuesday, 1/14/2025
12:50 AM Japan: current account (prev. 2,456.9 Bln ¥)
10:00 AM Italy: industrial production, yearly (prev. -3.6%)
10:00 AM Italy: industrial production, monthly (expected 0%; prev. 0%)
11:00 AM Germany: ZEW economic sentiment (prev. 15.7 points)
2:30 PM USA: producer price index, yearly (expected 3.4%; prev. 3%)
2:30 PM USA: producer price index, monthly (expected 0.4%; prev. 0.4%)
Wednesday, 1/15/2025
8:00 AM United Kingdom: consumer price index, monthly (prev. 0.1%).
(Teleborsa) 01-14-2025 09:30 AM