(ANSA) – MILAN, MAY 17 – The main European stock exchanges continue to rise, awaiting US futures and American retail sales in April, expected to rise by 0.9% after the + 0.7% recorded in March. A figure, they say in the operating rooms, which indicates the future orientation of the Fed on rates, that the ECB could also increase after the unexpected rise in the quarterly GDP of the EU (+ 0.3%). The best is Frankfurt (+ 1.44%), followed by Milan (+ 1.4%), Madrid (+ 1.25%), Paris (+ 1.24%) and London (+ 0.89%). The differential between German BTPs and Buinbd dates back to 191.5 points, with the annual yield on ten-year bonds jumping 8.4 points to 2.92%. Crude oil rose (WTI + 1.15% to 115.36 dollars a barrel) pending the advances on American crude oil weekly stocks by the API (American Petroleum Institute), expected to fall by 0.45 million barrels , after the rise of 1.6 billion on 10 May. Natural gas also rose (+ 3.38%), traded in Amsterdam at 96 euros per MWh, while the prices of soft wheat fell (-1.7% to $ 1,226.25 per 5 thousand bushels and of hard wheat (-2 , 31% to $ 1,320.75) after the jump on the eve of the day.
In light of the semiconductor producers Asml (+ 3.47%), Asm (+ 3.72%) and Stm (+ 3.5%), on the assumption of a loosening of the Chinese squeeze on the sector and an increase in prices from part of Samsung. Purchases on Repsol (+ 2.73%), Shell (+ 1.64%), Bp (+ 1.14%) and Eni (+ 1.24%) in Piazza Affari, where the rise of Sara stands out (+4 %) on the long wave of the quarterly report and analyst evaluations. The consumer discretionary sector did well in the wake of macro data, expectations for US sales and after the easing of Covid restrictions in China.
Prosus rises by 6.39%, Delivery Hero by 6.84%, Watches of Switzerland by 4.93%, Swatch by 2% and Zalando by 3.58%. In Piazza Affari run Nexi (+ 5%), linked to the trend of commercial transactions, Iveco (+ 3.75%), Cnh (+ 2.14%) and Moncler (+ 3.18%) together with Bper bankers ( + 2.93%), Intesa (+ 2.92%), Banco Bpm (+ 2.77%) and Unicredit (+ 2%). (HANDLE).
Source: Ansa
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