Stock markets, Europe takes a breather after the data. In Milan MPS down after the accounts | EUROtoday

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(Il Sole 24 Ore Radiocor) – The anticipate American macroeconomic knowledge on the labor market and inflation is holding European inventory markets to a standstill, having moved little after the brand new data reached by Wall Street and Tokyo. On Monday, Piazza Affari additionally returned to its highest degree since December 2000. The newest updates on unemployment and client costs will arrive between Wednesday and Friday, which is able to present indications on the Federal Reserve’s subsequent strikes. Meanwhile, all eyes are nonetheless on the tech sector in mild of the White House’s need to exempt giants akin to Amazon, Google and Microsoft from the subsequent duties on chips.

The Milanese FTSE MIB thus strikes round parity, consistent with the opposite predominant continental indices.

Among the shares on Piazza Affari, Banca Mps loses share after the announcement of the 2025 accounts, which as an alternative reward the subsidiary Mediobanca. Rocca Salimbeni has introduced that Piazzetta Cuccia will stay a “legal entity focused on high-end corporate & investment banking and private banking activities” and can current the brand new plan on 27 February. Luxury is doing nicely, below the highlight after Kering’s accounts, rallying on the Paris Stock Exchange: Brunello Cucinelli and Moncler are gaining floor. Stellantis is making an attempt to get well floor after final week’s collapse.

On the foreign money market, the euro has moved little at 1.19 {dollars} whereas the Japanese foreign money continues to strengthen. The euro/yen change price drops to 185 (-0.4%) and the greenback/yen to 155.36 (-0.3%). Bitcoin stays beneath 70 thousand {dollars} (precisely at 69 thousand) with a drop of over 1%, whereas gold defends itself at 5 thousand, however is down by 0.7%. Oil is cautious with Brent at 69 {dollars} a barrel (+0.13%) and WTI at 64 {dollars} (-0.13%). Gas is recovering, at 33.4 euros per megawatt hour (-0.16%) after the collapse the day earlier than.

Tokyo updates the file and focuses on Prime Minister Takaichi’s insurance policies

The Tokyo Stock Exchange updates the file of the reference index after the avalanche of help for the conservative Prime Minister Sanae Takaichi, and the expectations of extra accommodating fiscal insurance policies. The Nikkei index progressed by 2.28%, to 57,650.54, with a acquire of 1,286 factors.