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Stock market: positive Europe awaits Wall Street, Milan + 0.7%

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Frankfurt, the Lufthansa staff strike causes queues at the airport (ANSA)

(ANSA) – MILAN, JULY 27 – European stock exchanges continue trading in positive ground pending the start of Wall Street where futures are on the rise. Investors’ attention is focused on the outcome of the Fed meeting on the monetary policy front. Government Bonds are in tension with yields sharply rising. On the currency market, the euro is barely moved against the dollar at 1.0144.

The stoxx 600 area index gains 0.4%. Milan (+ 0.7%), London and Paris (+ 0.4%), Frankfurt (+ 0.2%), with consumer confidence at their lowest, and Madrid (+ 0.1%) are advancing. The lists are supported by the technology sector (+ 1.6%). Cars (+ 1.2%) and banks (+ 0.5%) also did well.

Energy is holding up (+ 0.2%), with the price of oil rising. The WTI rises to 95.31 dollars per barrel (+ 0.3%) and the Brent to 104 dollars (+ 0.1%). The utilities did not move much (+ 0.01%), with the gas swinging. In Amsterdam, the price stands at 204 euros per megawatt hour, after reaching a maximum of 225 euros for the day.

In Piazza Affari, Nexi (+ 7.7%) and Unicredit (+ 6.4%), the latter after the accounts of the first six months of the year. Iveco is also on display (+ 4.1%). At the bottom of the main Italgas list (-1.9%), with profit-taking after the positive performances of the last sessions. Inwit (-1.6%), Diasorin (-1.2%) and Terna (-1.4%) also fell. (HANDLE).

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Source: Ansa

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