(ANSA) – MILAN, NOVEMBER 03 – The main European stock exchanges and the US futures are going in no particular order, awaiting the opening of Wall Street, while the Fed meeting is expected and the president of the ECB, Christine Lagarde, is intervened against a possible rise in rates, after the October manufacturing index of the Eurozone, released the day before, fell to 58.3, an 8-month low, with production problems. In Europe, the best marketplace is Paris (+ 0.2%), followed by Franforte (+ 0.08%), while London is down (-0.3%), where the October services SME is at 59.1 , compared with a preliminary of 58, and the composite at 57.8, with a preliminary of 56.8, and Madrid (-0.9%). Maglia rosa in Milan (+ 0.5%), with the BTP-Bund spread falling to 120.1 points and the Italian ten-year yield to 1.01%. Gold was flat (+ 0.06%) at $ 1,784 an ounce.
The Old Continent area index, Stoxx 600, gained 0.1%, supported by the materials sector and IT.
Energy and utilities weigh negatively, banks in no particular order.
The sharp decline in crude oil continues (wti -2.4%) to 81.9 dollars a barrel and brent to 82.9 dollars, the day after the US president, Joe Biden, asked OPEC + to increase production to calm prices, after the pressures already put in place by the US at the G20. Natural gas prices soar in Europe (+ 10.8% in Amsterdam), to 74.9 euros per MWh. (HANDLE).
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Source From: Ansa
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