European stock markets continue to trade in positive territory, awaiting the key data on US inflation for March, which will be released in the afternoon. Forecasts suggest a 3.5% increase from February’s 3.2%, which could convince the Fed to further postpone interest rate cuts. The publication of the minutes from the last meeting of the American central bank will provide further indications in this regard. The ECB, on the other hand, is expected to confirm its intention to ease monetary policy starting in June. Milan rose by 0.70%, in line with Frankfurt and London, while Paris gained around 0.5%. At Piazza Affari, Enel’s stock is trading below par following a serious incident at the Suviana hydroelectric plant. The automotive sector is mixed, with Stellantis rising by 1.7% on the day CEO Tavares met with unions to discuss the future of the group’s Italian plants, while Iveco fell by over 2.6%. The spread between Italian BTPs and German Bunds is down to 133 basis points, with the yield on the 10-year bond decreasing to 3.69%. This morning, an auction was launched for the placement of new one-year Bots with a total value of 8 billion euros.
European stock markets continued to trade positively, waiting for key data on US inflation for March, which was expected to show a 3.5% increase from the previous month. This increase could further delay potential interest rate cuts by the Fed. In addition, the publication of the minutes from the last meeting of the American central bank was expected to provide more insight into future policy decisions. The ECB was also set to confirm its plans to ease monetary policy starting in June. Milan, Frankfurt, and London saw gains of 0.70%, with Paris up by around 0.5%. However, at Piazza Affari, Enel’s stock was trading below par following a serious incident at the Suviana hydroelectric plant. The automotive sector was mixed, with Stellantis rising by 1.7% as CEO Tavares met with unions to discuss the future of the group’s Italian plants, while Iveco fell by over 2.6%. The spread between Italian BTPs and German Bunds narrowed to 133 basis points, with the yield on the 10-year bond decreasing to 3.69%. An auction was launched that morning for the placement of new one-year Bots with a total value of 8 billion euros.
The European stock markets continued to trade positively as investors awaited the key data on US inflation for March. The anticipated 3.5% increase from February’s level could influence the Fed’s decision on interest rate cuts. The minutes from the last meeting of the American central bank were expected to provide further clarity on future policy directions. Meanwhile, the ECB was expected to reiterate its plans to ease monetary policy starting in June. Milan, Frankfurt, and London all saw gains of 0.70%, with Paris up by around 0.5%. However, at Piazza Affari, Enel’s stock was trading below par following a serious incident at the Suviana hydroelectric plant. The automotive sector showed mixed performances, with Stellantis rising by 1.7% as CEO Tavares met with unions to discuss the future of the group’s Italian plants, while Iveco fell by over 2.6%. The spread between Italian BTPs and German Bunds narrowed to 133 basis points, with the yield on the 10-year bond decreasing to 3.69%. An auction was launched that morning for the placement of new one-year Bots with a total value of 8 billion euros.
In the European stock markets, positive trading continued as investors awaited the release of key data on US inflation for March. The expected 3.5% increase from the previous month could impact the Fed’s stance on interest rate cuts. The minutes from the last meeting of the American central bank were anticipated to offer additional insights into future policy decisions. Meanwhile, the ECB was likely to confirm its plans to ease monetary policy starting in June. Milan, Frankfurt, and London all saw gains of 0.70%, with Paris up by around 0.5%. At Piazza Affari, Enel’s stock was trading below par following a serious incident at the Suviana hydroelectric plant. The automotive sector exhibited mixed performances, with Stellantis rising by 1.7% as CEO Tavares met with unions to discuss the future of the group’s Italian plants, while Iveco fell by over 2.6%. The spread between Italian BTPs and German Bunds narrowed to 133 basis points, with the yield on the 10-year bond decreasing to 3.69%. An auction was launched that morning for the placement of new one-year Bots with a total value of 8 billion euros.
European stock markets remained in positive territory as investors awaited the release of crucial data on US inflation for March. Anticipated to show a 3.5% increase from February’s level, the data could influence the Fed’s decision on interest rates. The minutes from the recent meeting of the American central bank were expected to shed light on future policy directions. The ECB was also set to confirm its intentions to ease monetary policy from June onwards. Milan, Frankfurt, and London experienced gains of 0.70%, with Paris up by approximately 0.5%. However, at Piazza Affari, Enel’s stock traded below par following a serious incident at the Suviana hydroelectric plant. The automotive sector showed mixed results, with Stellantis rising by 1.7% as CEO Tavares engaged with unions regarding the group’s Italian facilities, whereas Iveco declined by over 2.6%. The spread between Italian BTPs and German Bunds tightened to 133 basis points, as the yield on the 10-year bond decreased to 3.69%. An auction was initiated that morning for the placement of new one-year Bots totaling 8 billion euros.
