Le European stock exchanges they close today's session in scattered order: Frankfurt marks a +0,02%, Paris + 0,03% Milan loses 0,17%, Madridloses 0,16% e London +0,02%. European stocks are showing signs of fatigue after a weak start, with recovery attempts clashing with investors' caution in view of Wall Street The markets are influenced by tensions policies in France, where the resignation of French Prime Minister Sébastien Lecornu they destabilized the executive, and it shutdown in the United States, which is now entering its fifth week, blocking the publication of key economic data such as the September employment report. The combination of political uncertainty and a lack of fundamental data is keeping investors cautious, which will also have an impact on theeuro, dropped below $1,17, and on the spread French, which aligns with the Italian one at 85 points.
In this context, the continues its historic run, exceeding $4.000 an ounce for the first time (before returning to $3.390), supported by expectations of possible rate cuts by the Federal Reserve and the political stalemate in Washington.
At Piazza Affari, luxury stands out with Moncler rising on the back of lvmh e Kering thanks to positive reports from Morgan Stanley, while Brunello cucinelli bounces after Goldman Sachs' favorable judgment. Eyes on Unipol, at the center of possible bancassurance alliances. Weak Leonardo, held back by difficulties in the merger negotiations with Thales Alenia Space. In the red are banks.
On the energy front, oil prices are showing slight declines: Brent is below $65 per barrel, WTI is above $61, with OPEC+ increasing production by 137 barrels per day since November, more cautiously than expected. European gas is rising above €33/MWh, supported by the rebound in prices and falling temperatures.
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