The main European stock exchanges are accelerating with the US indices mixed (Dow Jones +0.42% and Nasdaq -0.38%) and after the caution of the president of the ECB, Christine Lagarde, regarding rate cuts.
Milan gained 1.1%, Paris 0.9%, Frankfurt 0.56% and London 0.44, while Madrid was weak (-0.1%).
The spread between German 10-year BTPs and Bunds rose to 149 points, with the Italian annual yield falling by 4.7 points to 3.79% and the German one by 2.5 points to 2.3%.
The new slowdown in the GDP of the United Kingdom, now in technical recession, the unexpected increase in continuous requests for US subsidies and the drop in retail sales in January (-0.8%) are worrying.
The dollar is weak at 0.92 euros and 0.79 pounds, crude oil rises slightly (WTI +0.31% to 76.88 dollars per barrel), while natural gas correlates (+1.92% to 25.33 euros per barrel) MWh) on the Ttf square in Amsterdam.
Accounts effect on Stellantis (+5.56%), Renault (+5.44%) and Commerzbank (+5.1%).
In the automotive field, Volvo (+2.37%), Mercedes (+1.68%) and Ferrari (+1.55%) also performed brilliantly.
In the spotlight Prysmian (+4.39%) after a record 5 billion order in Germany and luxury with Moncler (+3.12%) and Hermes (+2.35%), Cucinelli however is more cautious (+0.7%).
In no particular order, the oil sector with Saipem (+1.41%), Shell (-2.55%) after the cut in the recommendation to 'hold' by Berenberg analysts, TotalEnergies (-2.15%) , BP (-2.79%) and Eni (-0.26%).
Banks Banco Bpm were weak (-2.97%), after the exit from the capital of Fondazione Crt, a member of Unicredit (-0.34%), Bper (-1.22%) and Mps (-0.9% ).
Intesa (+0.3%), Barclays (+1.4%) and NatWest (+3.49%) bucked the trend on the eve of the accounts.
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