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Europe is going positive with low inflation

Europe is going positive with low inflation

European stock exchanges are trading positively while inflation in the Eurozone fell to 5.5% in June. The region’s benchmark for the Old Continent, the Stoxx 600, is gaining nearly half a point with real estate investment-related stocks ahead of other sectors. Industrial caution and energy. Milan gained 0.28% with the Ftse Mib at 28,770 points. Highlights are Erg (+1.7%), Hump (+1.5%) and A2a (+1.4%). Sales on Inwit (-2.1%), Iveco (-2%) and Moncler (+1.1%). Among other markets, Frankfurt at +0.26%, Paris at +0.65% while London shines the light (+1.54%) with UK inflation at its lowest in a year and Wall Street futures also higher. In addition to the quarterly, in the afternoon, the slowdown in overseas construction and the June index were confirmed. The yield on the Italian 10-year bond fell to less than 4%. Among commodities, gas fell the most, down 3% and just over €26 per MWh. Oil, on the other hand, is rising with WTI crude above $76 a barrel (+0.5%) and Brent at $80 (+0.8%). 1.6% to $840 per individual contract unit of 5,000 bushels The euro is stable.

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