MILANO – Ore 10.30. The European stock exchanges are proceeding weak despite the good SME services data released in the morning. In Italy, the figure rose to 53.1 points from 47.3 in April, exceeding expectations of a rise to 52 points. The data for France, Germany and the Eurozone as a whole were also positive: in May the final reading of the index stood at 55.2 against 55.1 in the past reading and the Bloomberg consensus.
The EU indices are proceeding downwards awaiting more encouraging signs from the US occupation, with the ADP report and the new subsidies released in the afternoon. Milano stay around parity, London loses 0.77% Frankfurt the 0.21% yields Paris 0.15% The Asian markets were positive in the wake of the good closing on Wall Street, with Tokyo concluding trading at + 0.39%.
Among currencies, the euro remained below $ 1.22, down 0.16%. “The euro moved again as a reflection of the dollar, remaining in the range 1.21-1.22 EurUsd – underline the experts of the Intesa Sanpaolo research office -. Inflation data showed an increase slightly higher than expected. but also for the euro area, as for the USA, the interpretation that still prevails is that it is a transitory increase. So the change in fact has not been impacted “.
On the other hand, among raw materials, the prices of Petroleum. The barrel of crude for July delivery is trading at $ 69.28 with an increase of 0.65%. Brent with delivery in August changes hands at $ 71.85 with a growth of 0.70%
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