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Start of the day for European stock exchanges
European stock exchanges, including Piazza Affari, opened the day with a weak trend. The Ftse Mib recorded a slight increase of 0.25%, reaching around 35,940 points. This scenario reflects a climate of caution among investors, waiting for significant economic news that could influence investment decisions.
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Among the outstanding securities, Hera gained 1.5% thanks to the presentation of its business plan up to 2028.
Snam also showed an increase, with 1.1% growth. On the contrary, Stellantis and Buzzi recorded negative performances, with declines of 0.8% and 0.7% respectively. These market movements are indicative of sector dynamics and investor expectations regarding the future prospects of companies
.
Waiting for economic data
Today, crucial data is expected from the United States regarding claims for unemployment benefits, together with European data on consumer confidence. Analysts are particularly interested in these indicators, as they provide valuable information about the health of the economy. Tomorrow, in addition, the PMI indices will be published, which could further influence investment decisions.
Situation on the bond and commodity markets
In the bond market, the Btp-Bund spread remains stable in the 107 basis points area, with the yield on the Italian bond set at 3.59% and the German one at 2.52%. This scenario suggests some stability, but also a continued attention on the part of investors to monetary policies and the decisions of central bankers
.
As far as raw materials are concerned, Brent oil stands at around 79 dollars per barrel, pending EIA data on US inventories. Gold, on the other hand, remains above 2,750 dollars an ounce, highlighting a constant interest in safe haven assets in a context of
economic uncertainty.
Movements in the currency and cryptocurrency market
In the currency market, the euro/dollar is trading at 1.04, while the dollar/yen stands at 156.6. Investors are waiting for the Bank of Japan meeting, which could lead to significant changes in monetary policy. Finally, in the cryptocurrency sector, Bitcoin continues to travel around 102 thousand dollars, showing some resilience despite market fluctuations
.
