European stock markets ended the day in negative territory, also held back by the downward start on Wall Street. In the context of Piazza Affari, the Ftse Mib index recorded a decline of 1.2% to 34,325 points.
Eni, the best on the list, gained 2.6%, followed by Iveco Group (+1.92%) and Saipem (+1.86%). Azimut, the worst, loses (-4.7%). Brunello Cucinelli also fell by (-4%), together with Diasorin (-3.7%) and Interpup Group (-3.6%).
From a macroeconomic point of view, German data on inflation were released in the afternoon, slowing from 2.5% to 2.2% on an annual basis. The harmonized index of consumer prices fell from 2.7% to 2.3%, in line with forecasts. The eurozone inflation report is expected tomorrow.
In the US, stronger-than-expected numbers on job offers and factory orders have put pressure on the markets, pushing bond yields higher on the expectation of rates remaining high for longer.
On bonds, the BTP-Bund spread rises to 143 basis points, with the Italian ten-year bond at 3.83% and that of the Bund in the 2.4% area, in a context of a general rise in yields.
Among commodities, Brent oil currently gains 1.6% to around $88.8 a barrel. On Forex, euro/dollar exchange rate rises to 1.077.