(ANSA) – MILAN, JULY 26 – European stock exchanges continue in negative territory with Milan (-1%) wearing the black jersey among the lists of the Old Continent. As the quarterly season takes its first steps, markets await the Fed’s decisions to be announced tomorrow on the monetary policy front. The euro continues to weaken against the dollar at 1.0146.
The stoxx 600 drops 0.1%. In decline Frankfurt (-0.8%), Paris and Madrid (-0.4%) while London is in contrast (+ 0.5%). The real estate sector weighs on the price lists (-1.2%), cars (-2%) and banks (-0.5%).
Energy is running (+ 1.5%), with the price of oil raising its head again. The WTI rises to 98.13 dollars per barrel (+ 1.4%) and the brent to 106 dollars (+ 1.3%). The utilities did not move much (-0.09%), with gas in Amsterdam jumping to 197 euros per megawatt hour and then falling back to 193 euros. Gold was weak, falling to $ 1,711 an ounce (-0.1%) while silver rose slightly to $ 18.52 (+ 0.5%).
In Piazza Affari the banks suffer while the spread between BTP and Bund rises to 231 points with the Italian ten-year yield at 3.25%. Among credit institutions, Bper (-2.2%), Banco Bpm (-2%), Intesa (-1.5%) and Unicredit (-1.1%) are down. Energy stocks with Eni (+ 0.5%), Tenaris (+ 0.1%) did well, while Saipem fell (-0.3%). In light Italgas (+ 1.1%), after the accounts of the first six months. (HANDLE).
Source: Ansa
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