European stock exchanges up despite inflation, Milan in the lead with + 0.8%

No impact on European stock exchanges from the record inflation data in the European Union: the equity markets of the Old Continent always positive at the mid-day mark, even if slightly slowing down: the best stock exchange remains Milan, yesterday the heaviest, which rises by 0.8% pending the launch of Wall Street and tonight’s Moody’s rating on Italy.

Wall Street is preparing to close the week lower after the sharp drops recorded yesterday, Thursday 29 September. The second quarter GDP reading confirmed the technical recession for the US: gross domestic product fell by 0.6% (after -1.6% in the first quarter).

The other stock exchanges are growing around half a percentage point, with Moscow now falling by 1% in the Moex index in rubles and rising by 5% in the RTSI expressed in dollars. Paris rose by 0.68%, Frankfurt by 0.28%, Amsterdam and Madrid by 0.66% and London by 0.44%. Milan is the best with the Ftse Mib up 0.87%. In fact, the greenback is starting again, with the euro falling again to 0.976. Instead, the spread on the opening values ​​is holding, with a clear easing of the tension on the government bonds of all European countries and the yield of the BTP which fluctuates around 4.5%. Oil defends $ 82 per barrel, while gas moves 4% lower to € 195 per megawatt hour with the future expiring in November. In Piazza Affari, Tim accelerates, rising by 4% to € 0.19, with Prysmian up by three percentage points and Unicredit with Banca Generali up by 2.6%. Weak Stm (-0.8%) and Stellantis, which falls by 0.7%. Among the smaller capitalization groups, MPS is still in decline, which, pending the capital increase, sells 6%. Mfe-Mediaset recovered strongly (the two stocks recovered from their lows of 5 and 7%) pending news on the non-binding offer on M6 in France. The spread remains unchanged and is positioned at +243 points