(ANSA) – MILAN, 02 NOV – The European stock markets continue mixed, after the records of the eve and waiting for the start of Wall Street where future gifts are falling. Investors’ attention is focused on tomorrow’s Fed, when the US central bank meets the FOMC to discuss rates and the reduction of economic stimuli. Markets fear a resurgence of the coronavirus while the trend in energy prices could slow down the phase of economic recovery.
The stoxx 600 area index is little moved (-0.08%). On the rise in Frankfurt (+ 0.5%) and Paris (+ 0.4%), after data on manufacturing. London (-0.5%) and Madrid (-0.4%) are down. Flat Milan (-0.05%). The drop in the energy sector weighs on the lists (-1.1%), with the price of WTI oil falling to 83.91 dollars a barrel and Brent at 84.67 dollars. On the rise in gas. In Amsterdam the price stands at 67.22 euros per MWh. In London at 173.25 pence per Mmbtu, the British thermal unit equivalent to 28.26 cubic meters.
In the Old Continent, banks (-0.7%) and insurance companies (-0.3%) are also proceeding in decline, in view of the decisions of the central banks. Pharmaceuticals (+ 0.6%) and IT (+ 0.5%) did well. On the currency front, the euro against the dollar stood at 1.1601.
At Piazza Affari, Tim continues to decline (-1.1%). Fineco and Mediolanum were also bad (-1.1%). Sales also on Eni (-0.7%). Among the banks in the red Unicredit (-0.8%) while Bper (+ 1.8%), Mps (+ 1.2%), Banco Bpm (+ 1%) and Intesa (+ 0.4%) shine, pending the quarterly. (HANDLE).
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Source From: Ansa
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