(Il Sole 24 Ore Radiocor) – The European stock markets open on the rise, in Milan the division of shares is affected, with a weight on the Ftse Mib with 1.22%.
Balla closed last Friday lower and thus closed a negative week. There was also pressure on the words of the head of the Federal Reserve, Jerome Powell, who said “there is no rush” to cut interest rates, taking into account the strength of the US economy. Another rate cut, at the next meeting in December, is “certainly on the table, but it’s not a done deal,” said Boston Fed president Susan Collins. European stock markets, however, ended the week in no particular order with Paris losing 0.9% and Milan being the best performers, rising 1.1% led by the banks and above its all with MPS (+ 12.1%), after the Treasury Department surprisingly sent 15. % of the capital in the hands of a stable core of shareholders, led by Banco Bpm (+4.9%).
In Milan, the shares of the main credit institutions will remain under observation, with the market asking about possible consolidation processes. In particular, Unicredit will be under scrutiny, not only while waiting for news on the Commerzbank front, but also after the rumors reported last Saturday by Il Sole 24 Ore regarding a relationship with Delfin, which his 2.7% share of the capital could be reconsidered. Enel should register changes on the day of the presentation of the 2025-2027 business plan, which will see the acceleration of investments to 43 billion euros. A change of the 2024 coupon to 0.46 euros per share was also announced. In addition, ten Ftzse Mib companies are releasing shares today, namely Eni (0.25 euros per share), Banca Mediolanum (0.37 euros per share), Banco Bpm (0.4 euros per share) , Intesa Sanpaolo (0.17 euros per share), Poste Italiane (0.33 euros per share), Tenaris (0.27 dollars per share), Terna (0.1192 euro per share), Unicredit (0.9261 euro per share). share), Recordati (0.6 euro per share), Mediobanca (with 0.56 euro per share as the final balance for the financial year 2023/2024).
In terms of exchange rate, the euro is worth 1.0543 dollars (closing on Friday at 1.0543) and 163 yen (163.19), while the dollar / yen is at 154.66 (154.77). Bitcoin rises to 91,658 dollars (+1.3%). Gold also goes up to 2,589 dollars an ounce (+0.79%), after last week’s slowdown. Oil is very stable with WTI in December at 67.15 dollars per barrel (+0.19%). Gas is worth 45.37 euros per megawatt hour and returns 2.5%.
The Tokyo Stock Exchange ends the first session of the week with a minus sign, after the US stock market pulled back, while there is uncertainty about the management of the next Trump administration. ‘ increase, with investors looking at the next signs of interest rates. in China and inflation data from Japan, expected this week. The benchmark Nikkei index fell 1.09% to 38,220.85, losing 422 points. On the currency market, the yen recovered slightly from the lowest levels since July against the dollar, at 154.30, and against the euro at 162.80.
2024-11-18 07:30:00
#Positive #stock #markets #Milan #weighted #coupon #share #effect #Bitcoin #thousand
– What potential risks do rising commodity prices pose for the world economy, particularly in the context of inflation and consumer spending trends?
– Can you please introduce yourselves and provide your expertise on the subject of world economy, specifically in relation to stock markets and financial news?
– What is your analysis of the European stock markets on the rise, with Milan being the best performers among them? How is the Ftse Mib being affected by this, and what might be the reasons behind this trend?
– There seems to be a substantial amount of pressure on the Federal Reserve’s interest rate policies. How are you interpreting the statements made by Jerome Powell and Susan Collins, and what might be the implications of these comments for global markets?
– In Milan, the shares of major financial institutions remain under observation, particularly in light of potential consolidation processes. What are your thoughts on this development? Is there a need for further regulation or consolidation in the banking sector?
– Enel’s announcement of accelerating investments to 43 billion euros and changing its 2024 coupon to 0.46 euros per share has sparked some interest. How do you see these changes affecting the company’s performance and its place in the market?
– The exchange rates seem to be quite volatile, with the euro fluctuating against the dollar and the yen. How are these fluctuations influencing global trade and investment decisions?
– The rise in Bitcoin prices has been noticed, with it currently trading at 91,658 dollars. What are your thoughts on the sustainability of this trend, and how might it impact the broader financial landscape?
– Is the yen’s depreciation a cause for concern, given its potential impact on global trade and investment flows? What factors are contributing to this decline, and what could be done to address it?
