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Weak European stock exchanges, including Piazza Affari – Economics and Finance

Posted on December 3, 2022 by admin

(Teleborsa) – Major European bourses closed in the red after signs of strength from the US labor market cast doubt on prospects for a possible slowdown in the pace of interest rate hikes by the Federal Reserve, already from a meeting scheduled for this month.

In the foreign exchange market, theEuro / US Dollar The session held at previous levels, posting a -0.04% variation. slight decrease inHe went, which drops to $1,793.2 an ounce. There are no fundamental changes in the oil market, as Oil (Light Crude Oil) settled on the previous day’s values ​​at $81.39 per barrel.

Gallop back Marginswhich stands at +190 bps, with a solid increase of 13 bps, while the 10-year BTP shows a return of 3.76%.

Among the major European stock exchanges resistance Frankfurtwhich represents a slight increase of 0.27%, nothing was done for it London, which changes hand on par; colorless ParisWhich does not register significant changes compared to the previous session. Close in downward fractions of Piazza Affari, with FTSEMIB Which leaves 0.26% in the crowd. At the conclusion of the Milan Stock Exchange, it was exchange value In today’s session, it appears that it was worth 2.33 billion euros, a decided decrease (-23.88%), compared to the previous session, which witnessed negotiations worth 3.06 billion euros; Trading volumes increased from 0.87 billion shares in the previous session to 0.78 billion shares today.

between The best performer Milan in the directory amplifier (+ 3.22%), public bank (+2.38%), Campari (+ 1.99%) f Phoenix (+ 1.94%).

However, the worst performances were recorded on Monclerwhich closed at -3.23%.

in red Telecom ItaliaWhich shows a significant decrease of 2.06%.

negative performance of stellantswhich is down 2.05%.

Erg It decreases by 2.03%.

At the top of the average rating from Milan, GV extension (+7.36%), OVS extension (+4.36%), Wit (+2.86%) and dry (+2.67%).

However, the strongest declines occurred in De Nora Industrieswhich closed the session at -4.81%.

Decided to refuse Brunello Cucinelliwhich represents -3.03%.

under pressure JuventusWith a sharp decline of 1.87%.

under Scorpio’s vision It shows a deposit of 1.39%.

between macroeconomic quantities the most important:

Friday 12/02/2022
08:00 GermanyTrade balance (expected €5.2 billion; previous €2.8 billion)
08:45 France: Industrial Production, MoM (-0.9% Previously)
11:00 am European Union: Production Prices, Annual (31.5% expected; previously 41.9%)
11:00 am European Union: Output Prices, MoM (expected -2%; previous 1.6%)
2.30pm United States of America: Unemployment rate (expected 3.7%; previous 3.7%).

Category: BUSINESS

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