European stock markets closed higher, driven by the strength of Wall Street, with Piazza Affari (+0,96%) in the lead thanks to the results that exceeded expectations stm (+ 5,28%), Saipem (+4,36%) ed Eni (+ 2,11%). Wall Street, despite trade tensions between the United States and China, is advancing, with the "magnificent seven" driving the S&P 500 index. Meanwhile, the banking risk is inflaming Piazza Affari, with Mediobanca (+2,33%) that comes out winner from the assembly di Generali (+0,96%), while Ps (+ 1,36%) and Unicredit (-0,8%) remain in the spotlight. Despite the difficulties for luxury, with Kering which reported a 14% drop in sales, industrial stocks in Italy continue to benefit from a good performance, with Interpump (+ 3,53%), Prysmian (+ 3,49%) and Ferrari (+2,61%) among the best.
Down the dollar against theeuro.gold finds support, rising to $3.326,47 per ounce (+1,16%), while the Petroleum records a slight progress. It spread between BTPs and Bunds contracts further, settling at 110 basis points, with the BTP continuing to outperform the German Bund, whose yield is at 2,44%.
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