The main European stock exchanges close today's stock market session in riseIn the wake of good initial performance of Wall StreetLondon recorded the best performance, with an increase of 1,38%. Frankfurt followed, with a growth of 0,99%. Paris recorded a more modest increase, with a progress of 0,58%. Business Square closed higher with the Ftse index which concluded the last session of the week with a gain of 0,60% at 33.494 points. At European level, today's session was characterized by continuous changes in the bet that the ECB in December will launch a 50 basis point cut in the cost of money. In the morning, some discouraging macro data were published: it is reasonable to suppose, perhaps, that the Central Bank will step in to avoid a recession.
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What is pushing up the price lists of the Old Continent is, therefore, in particular the Dow Jones which yesterday recorded its best session since November 6, the day after the elections, gaining 461,88 points (+1,06%) and which is now up 0,5%, preparing to close a positive week.
Please note: today is the day of Moody's report card on Italy. Overall, markets look at not only economic and financial but also political and geopolitical factors, with the Russia which has lowered the threshold for the use of its nuclear weapons and has hypersonic ballistic missile launched against Ukraine, risking turning the war against Kiev into a global conflict.
