(ANSA) – MILAN, MAY 04 – European stock exchanges sluggish at the mid-session finish, with US futures slightly up on the day the Fed decides on rates, with a probable rise of 0.5%, the highest in 22 years to this part. Milan loses 0.35%, in line with Madrid (-0.3%), London (-0.53%) and Paris (-0.47%) lose slightly more, while Frankfurt limits the decline to 0, 15%. The tension on government bonds is reduced, with the differential between German BTPs and Bunds rising to 192.1 points but the ten-year annual yield increasing by only 0.9 points to 2.88%. Contrasted the Italian SMEs (54.5 points), rising, German (54.3 points), down beyond estimates, and the Eurozone (57.7 points), in line with expectations. European retail sales fell beyond expectations in March (-0.4% monthly and -0.8% annually). From the US, in addition to the aforementioned Fed decision on rates, the composite PMI index, the ISM manufacturing indices and the weekly crude oil stocks are on the way, widening the rise (+ 3.9% to 106.36 dollars a barrel) together with gold (+ 0.6% to $ 1,869 per ounce) and gas (+ 7% to € 106.4 per MWh in Amsterdam). BP oil decreased (+0.4%), fresh from the quarter in the red, Shell (+ 0.65%), TotalEnergies (+ 0.73%) and Eni (+ 0.19%). Holds Bnp (+ 0.66%), which released the quarterly report yesterday, while Credit Agricole (+ 0.34%) releases it today. Expected tomorrow for Unicredit (-0.13%) and Banco Bpm (-1.71%), Friday for Intesa (-0.36%) and next Monday 9 May for Bper (-1.1%). Expectation for the quarterly accounts of BMW (+ 0.34%), which will release them tomorrow together with Stellantis (+ 0.42%), while Volkswagen (-0.44%) confirmed the preliminaries of last April 14. Those of Ferrari are expected for today (-1.03%). In no particular order the microchip manufacturers: unchanged Stm, cautious Asml (+ 0.09%), Infineon does better (+ 0.35%), Nordic Semiconductor runs (+ 3.23%) and Ams-Osram brakes (-0 , 95%), after the worst-estimated quarterly report. (HANDLE).
Source: Ansa
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