Closing of European stock exchanges
Yesterday saw a mixed closing for European stock exchanges, with Piazza Affari falling 0.55%, closing at 34,559 points. Among the most affected stocks, Leonardo fell by 4.8%, followed by Prysmian and Iveco Group, which lost 4.2% and 3.3% respectively. On the contrary, some stocks showed positive performance, such as Moncler, which gained 3.15%, and Tenaris and Banco Bpm, both up 2.2%. The latter benefited from the interest of Credit Agricole, which increased its equity investment in response to Unicredit’s offer
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Macroeconomic expectations
The week promises to be crucial for investors, with the focus on important macroeconomic events. On Wednesday, in fact, the report on inflation in the United States will be published, expected to rise to 2.7%. This figure represents the last significant indicator before the Federal Reserve meeting, scheduled for December 17-18. Thursday will be the turn of the European Central Bank, which will probably cut interest rates by 25 basis points. Investors will focus in particular on