(Teleborsa) – Cautious debut for European stock marketswhich still focus on future moves of President-elect Donald Trumpespecially on the foreign and trade policy front, fearing that tariffs could damage European businesses and revive inflation.
In the meantime, the European inflation data and, tomorrow evening, the Nvidia quarterlywhich has become a real market mover in the US markets.
The Euro / US Dollar is substantially stable, continuing the session at the levels of the day before and stopping at 1.059. Slight increase in gold, which rises to 2,620 dollars an ounce. The oil market is substantially stable, continuing the session at the levels of the day before with oil (Light Sweet Crude Oil) trading at 69.03 dollars per barrel.
In words spreadwhich reaches +119 basis points, with an increase of 3 basis points, with the yield on the ten-year BTP equal to 3.52%.
Among the Euroland indices disappointing Frankfurt, which sits just below the levels of the day before, composed of London, which grows by a modest +0.24%, and a cautious trend for Paris, which shows a performance of -0.14%.
Caution prevails in Piazza Affari, with the FTSE MIB which continues the session with a slight drop of 0.54%, continuing the bearish trail of three consecutive drops, which began last Friday; on the same line, the FTSE Italia All-Sharewhich loses 0.50%, trading at 35,725 points.
On equality the FTSE Italia Mid Cap (-0.07%); with similar direction, without direction the FTSE Italia Star (+0,01%).
Between the best performers of Milan, highlighted remember (+0,90%), Snam (+0,88%), DiaSorin (+0,81%) e Hera (+0,65%).
The steepest declines, however, occur at Banca Popolare di Sondriowhich continues the session with -2.22%.
BPM Bank drops by 1.78%.
Sharp decline for Iveco, which marks -1.56%.
Lame Leonardowhich shows a small decrease of 1.41%.
At the top among Italian shares a mid-cap, Digital Value (+2,64%), D’Amico (+2,14%), The Italian Sea Group (+1,89%) e Reply (+1,71%).
The strongest sales, however, occur at Ferragamowhich continues trading at -1.54%.
Modest descent for Tinextwhich drops a small -1.43%.
Thoughtful Intercoswith a fractional decline of 1.32%.
He hesitates De’ Longhiwith a modest decline of 1.04%.
(Teleborsa) 19-11-2024 09:30
Cautious Debut for European Stock Markets
Welcome to the European stock market rollercoaster! What a ride we’ve got going on—like riding a bike on black ice! Today, we see that markets are still threading carefully, almost like they’re walking on eggshells. Why, you ask? Well, it’s all eyes on President-elect Donald Trump, who seems poised to make his grand entrance onto the world stage. I mean, if only debates came with a laugh track! His foreign and trade policies are hotter than a summer barbecue—specifically, the tariffs that leave European businesses sweating bullets. Who would have thought business could be so spicy?
Meanwhile, inflation is waving its hand, trying to grab some attention. European inflation data is the hottest topic around, and let’s not forget tomorrow’s NVIDIA quarterly results, which are becoming quite the market mover in the US. If you thought your last text message caused stirrings, you haven’t seen a quarterly report shake things up quite like this! It’s like waiting for your crush to text back, only the stakes are millions.
The Numbers Game
Ah, the Euro vs. the US Dollar—a stable contest, holding its ground at 1.059. Gold, however, seems to be channeling its inner diva, rising to $2,620 per ounce. Meanwhile, the oil market continues its nap at $69.03 a barrel, barely wanting to budge as if someone glued it to its seat.
Now, let’s dive into the bond scene—where bonds are trading at +119 basis points. The yield on the ten-year BTP has decided to attend the party at a respectable 3.52%. Not too shabby, but let’s not start the conga line just yet!
Index Focus
In the Euroland indices, we find that Frankfurt is having a bit of a dismal day, waddling just below the previous levels. Meanwhile, London is making a modest show with a sprinkle of +0.24%, while Paris stumbles with a gentle -0.14%. It’s like watching a three-legged race at a family reunion—everyone’s trying, but no one’s really winning!
Over in Piazza Affari, the FTSE MIB joins the party with a slight drop of 0.54%, stretching its bearish streak to three consecutive days. The FTSE Italia All-Share isn’t feeling great either, down 0.50%. Oh dear, it looks like someone spilled the spaghetti! The FTSE Italia Mid Cap and the FTSE Italia Star are standing relatively still—one slipping just -0.07% and the other climbing a measly +0.01%. It’s a relative stalemate, folks!
Who’s Hot and Who’s Not?
Among the best performers in Milan, we have Remember leading the charge with a concise +0.90%, followed closely by Snam (+0.88%) and DiaSorin (+0.81%). They seem to be the party-pop stars today, while the likes of Banca Popolare di Sondrio take a bit of a hit, down -2.22%. I guess it didn’t bring the right snacks to the soirée, did it?
BPM Bank isn’t faring much better, dropping by 1.78%. I mean, if falling was a sport, they’d be world champions! And let’s not forget Iveco, which isn’t looking too rosy either, down -1.56%. Perhaps they should consider a career change…
Even the defense giant Leonardo isn’t safe from the market’s ice dangers with a little slip of -1.41%. Talk about a rough day in the office!
And The Mid-caps Have Their Say
In the mid-cap arena, Digital Value is having a superb day, climbing up +2.64%, followed by D’Amico (+2.14%) and The Italian Sea Group (+1.89%). These mid-caps are like those friends who always show up to the party with the best snacks—absolutely winning! On the flip side, Ferragamo continues to fumble with a -1.54% decline. Someone get them a stylist!
So there you have it, Europe’s stock markets today: a delightful mix of cautious optimism and a touch of schadenfreude. As always, keep your helmets on and your eyes peeled—the market’s a wild and unpredictable beast!
(Teleborsa) – A cautious start for European stock markets as investors remain focused on the potential implications of President-elect Donald Trump’s impending policy decisions, particularly regarding international relations and trade practices. There is increasing concern that the introduction of tariffs could adversely affect European companies while simultaneously fueling inflation across the continent.
In the interim, the latest European inflation data is eagerly anticipated, alongside tomorrow evening’s quarterly report from Nvidia, which has garnered attention as a significant influence on market trends in the United States.
The Euro to US Dollar exchange rate demonstrates remarkable stability, trading at approximately 1.059, reflecting the same levels observed the day prior. In the commodities market, gold reflects a slight uptick, now priced at 2,620 dollars per ounce. Meanwhile, the oil sector remains relatively unchanged, with Light Sweet Crude Oil maintaining a steady price of 69.03 dollars per barrel, mirroring the previous day’s trading levels.
Currently, the spread stands at +119 basis points, having increased by 3 basis points, while the yield on the ten-year BTP is recorded at 3.52%.
Among the Euroland indices, Frankfurt’s performance is disappointing, lingering just below earlier levels, contrasted by a modest rise in London, which sees an increase of +0.24%. Paris, on the other hand, is showcasing a cautious downward trend, with a slight decrease of -0.14%.
Caution lingers over Piazza Affari, where the FTSE MIB has entered the session with a minor decline of 0.54%, extending its downward trajectory marked by three consecutive losses since last Friday. Similarly, the FTSE Italia All-Share experiences a loss of 0.50%, trading at 35,725 points.
In the same vein, the FTSE Italia Mid Cap remains relatively unchanged, down by just -0.07%, while the FTSE Italia Star displays a nominal upward movement of +0.01%.
Noteworthy performers in Milan include remember (+0.90%), Snam (+0.88%), DiaSorin (+0.81%), and Hera (+0.65%).
The steepest declines are witnessed at Banca Popolare di Sondrio, which continues to slide with a downturn of -2.22%. In addition, BPM Bank has registered a decrease of 1.78%, while the decline is further reflected in Iveco’s significant dip of -1.56%. Leonardo also reports a small drop of 1.41%.
Notably, in the mid-cap sector, Digital Value shines with an impressive increase of +2.64%, alongside D’Amico (+2.14%), The Italian Sea Group (+1.89%), and Reply (+1.71%).
The most pronounced sales, however, are occurring at Ferragamo, which is trading down by -1.54%. Additionally, a modest decline is seen in Tinext with a decrease of -1.43%, while Intercos reflects a fractional decline of 1.32%. De’ Longhi is also hesitant, witnessing a modest downturn of 1.04%.
(Teleborsa) 19-11-2024 09:30
How are geopolitical shifts influencing investor sentiment in European markets, particularly in London and Paris?
Trailing below previous levels. On the other hand, London is managing a modest increase of +0.24%, while Paris is showing a cautious decline of -0.14%.
In Italy, the FTSE MIB is continuing to struggle, down by 0.54%, marking the third consecutive day of losses since last Friday. The FTSE Italia All-Share is also feeling the pinch, dropping 0.50% and trading at 35,725 points. The FTSE Italia Mid Cap is slightly down by -0.07%, while the FTSE Italia Star remains nearly flat with a minimal gain of +0.01%.
Among the best performers in Milan are Remember (+0.90%), Snam (+0.88%), DiaSorin (+0.81%), and Hera (+0.65%). Conversely, the steepest declines are seen with Banca Popolare di Sondrio, which is down by -2.22%, followed by BPM Bank at -1.78%, and Iveco, which has dipped by -1.56%. Leonardo is also experiencing a small decrease of -1.41%.
In the mid-cap category, Digital Value shines with a gain of +2.64%, alongside D’Amico (+2.14%), The Italian Sea Group (+1.89%), and Reply (+1.71%). However, Ferragamo is facing losses, down -1.54%, while Tinext is seeing a modest drop of -1.43%, and Intercos is slightly down by -1.32%. De’ Longhi is experiencing a small decline of -1.04%.
As the markets navigate these fluctuations, investors are reminded to stay alert and assess how geopolitical shifts and economic indicators may shape the trading landscape. This cautious atmosphere underscores the need for prudence as the situation with tariffs and inflation continues to unfold.