European stock markets accelerate mid-morning with investors focused on the quarterly results and in view, after the data on economic growth, of the central banks' next moves on rate cuts.
After the ECB, it is now the turn of the Fed and the Bank of England with government bond yields showing little change.
On the currency front, the euro rises to 1.0843 against the dollar.
The Stoxx 600 area index gains 0.2% in view of the start of Wall Street where futures are negative.
In lightMadrid (+1.1%).
Milan (+0.8%), London (+0.6%), Paris (+0.4%) and Frankfurt (+0.1%) also performed well, with the latter suffering from the negative GDP figure in 2023 The price lists are supported by the banks (+0.9%), grappling with the quarters in which the Spanish BBVA (+4.7%) has posted a 2023 profit of over 8 billion.
The IT sector is growing (+0.6%), following the positive performance of WallStreet.
Slight increase for cars (+0.1%), with Renault (+0.6%) abandoning the listing of Ampere and Volkswagen (-0.6%) that of its PowerCo battery unit.
Energy and utilities moved little (+0.1%), with gas at 28.3 euros and oil in decline.
Stellantis runs in Piazza Affari (+2.6%).
The banks are in great shape where Banco Bpm (+2.4%), Bper (+2%), Intesa (+1.5%), Unicredit (+1.2%) and Mps (+0.9%) advance.
STM rebounds (+0.9%), after the losses of recent days with estimates for 2024 falling slightly.
Saipem slips sharply (-10%), with the accident without injuries of the Castorone pipe-laying vessel off the coast of Australian waters and forecasts of a reduction in crude oil production.
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