(ANSA) – MILAN, APRIL 28 – European stock markets continue in positive ground after US GDP data and preliminary inflation in Germany. Investors’ attention is focused on the war in Ukraine and the impact of sanctions on Russia on the economy. Spotlights also focused on the price of gas and oil. On the currency front, the euro continues to weaken against the dollar. The single currency changes hands at 1.0492 in London, the lowest since 2017.
The stoxx 600 area index gains 0.7%. On the rise Frankfurt (+ 1.3%), Paris and Milan (+ 1.1%), London (+ 0.8%) and Madrid (+ 0.4%). Wall Street futures rise ahead of the opening.
The lists are supported by the performance of the IT sector (+ 2.4%) and energy (+ 2.3%), with the price of oil not very moving. The WTI stands at 102 dollars a barrel and the Brent at 105 dollars. Utilities are also positive (+ 0.8%), with gas in Amterdam falling to € 100 per MWh (-6%).
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Source: Ansa
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