(Teleborsa) – European stock markets are moving slightly higher on a day without any great ideas thanks to yesterday’s closure of Wall Street for the Thanksgiving holiday and today’s short session in New York for Black Friday. The data published today for the Eurozone countries offer mixed signals, with the ECB‘s inflation expectations remaining around 2.8% (against the 2.6 expected over the one-year horizon). In terms of monetary policy expectations, the probability of a rate cut at the Fed’s December 10 meeting continues to increase.
In Italia il Final GDP 3rd quarter led to an upward revision of cyclical growth to +0.1% (from 0% in the second estimate): private consumption (+0.1%), public spending (+0.2%), investments (+0.6%) and exports (+2.6%) compensated for the decline in inventories and valuables. In November theharmonized flash inflation showed an increase of +1.1% y/y, against +1.3% expected and previously, with the slowdown being driven by services (+2.5% from +2.9%).
In Germaniawhere retail sales fell -0.3% m/m in October, the November unemployment rate remained unchanged at 6.3%. Instead, harmonized German inflation rose in November, according to the first estimate, to +2.6% y/y from +2.3% previously (against expectations of a marginal increase to +2.4%).
Substantially stable theeuro / US dollarwhich continues the session at the levels of the day before and stops at 1.159. THE’Oro continues trading at 4,200.1 dollars per ounce, with an increase of 1.01%. Oil (Light Sweet Crude Oil), increasing (+0.97%), reaches 59.22 dollars per barrel.
Downhill it spreadwhich retreats to +78 basis points, with a decrease of 2 basis points, while the 10-year BTP reports a yield of 3.40%.
Among the markets of the Old Continent positive balance for Frankfurtwhich boasts progress of 0.38%, substantially toned Londonwhich records a capital gain of 0.27%, and moderate gain for Pariswhich advances by 0.31%.
The Milanese price list shows a timid gain, with FTSE MIB which is achieving +0.29%; along the same lines, slight increase for the FTSE Italia All-Sharewhich rises to 46,005 points.
Just above parity the FTSE Italia Mid Cap (+0.42%); on the same trend, fractional gains for the FTSE Italia Star (+0,31%).
Among them best Italian shares large cap, well bought Leonardowhich marks a strong increase of 2.04%.
Small steps forward for Brunello Cucinelliwhich marks a marginal increase of 1.49%.
Moderately positive day for Stellarwhich rises by a fractional +1.31%.
Sitting without momentum for Italgaswhich reflects a moderate increase of 1.30%.
The strongest sales, however, occur at MPS Bankingwhich continues trading at -2.15%.
Negative session for Buzziwhich shows a loss of 1.58%.
Moderate contraction for Telecom Italiawhich suffers a drop of 0.59%.
Undertone Amplifier which shows a filing of 0.52%.
At the top of the mid-cap stocks ranking of Milan, Technoprobe (+3,92%), Caltagirone SpA (+3,22%), Comer Industries (+2,85%) e Desio and Brianza Bank (+2,40%).
The steepest declines, however, occur at Moltiply Groupwhich continues the session with -1.61%.
Disappointing ERGwhich lies just below the levels of the day before.
Lame EASY Awhich shows a small decrease of 1.02%.
Modest descent for Juventuswhich drops a small -0.77%.
(Teleborsa) 28-11-2025 16:00
