(ANSA) – MILAN, MAY 24 – The main European stock exchanges have not moved from the shallows of the morning to the finish line at mid-session. US futures continue to decline pending the American SME index, the Redbook on trade and the Chicago Fed and University of Richmond indices.
The speeches of Fed presidents Jerome Powell and ECB Christine Lagarde are expected in the evening, who has already spoken in the morning invoking caution on rates.
London (-0.32%) and Madrid (-0.28%) are the best, followed by Milan (-0.78%), Frankfurt (-0.86%) and Paris (-1.17%).
The differential between German BTPs and ten-year Bunds remained stable at 202.2 points, with the Italian annual yield falling by 1.8 basis points to 3%. Crude oil restarts (Wti 0.25% at 110.58 dollars per barrel), while gas (+ 3.06% at 85.84 euros per MWh) consolidates the rise in Amsterdam. On the currency front, the euro appreciates at 1.07 dollars, but the ruble strengthens against both currencies, gaining 4.71% to 55.84 against the dollar and 4.39% to 59.81 euros against the euro. .
The microprocessor producers Be Semiconductor (-2.75%), Nordic (-2.82%) and Stm (-1.95%) were weak. Shell (-2.05%), BP (-1.85%), TotalEnergies (-1.39%) and Eni (-1%) are down. Saipem is up (+ 1.4%) after the initial profit-taking, driven by an order in Brazil, while Tenaris is weak (-1.66%), held back by the steel economy. The cars Volvo (-1.95%) and Stellantis (-0.9%) sell, while Renault (+ 1%) and Ferrari (+0.65) go against the trend. Positive were the banking companies Barclays (+ 3.42%), Hbsc and Banco Bpm (+ 3% both), Commerzbank and Unicredit (+ 1,% both). A minus sign instead for Mediobanca (-0.88%), Lloyds (-0.66%) and Credit Agricole (-0.3%), while the Bnp decrease (-0.1%) clears. (HANDLE).
Source: Ansa
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