Stock market: Europe in no particular order, US futures mixed, Milan -0.15%

The main European stock markets are moving in no particular order after a generally positive start. The best is Frankfurt (+0.46%) in the wake of the decline in German inflation in October. Followed by Paris (+0.35%) and London (+0.3%), while Milan and Madrid slow down (-0.15% both). US futures mixed, awaiting weekly mortgage requests.

Crude oil (WTI +0.67% to 86.61 dollars per barrel) and especially gas (+2.77% to 87.05 euros per MWh) are on the rise, while gold is slowing down (-0.7% to 4,048.97 dollars per ounce). The dollar rose to 1.11 against the euro and 1.33 against the pound, while the spread between German 10-year BTPs and Bunds fell to 103.5 points. The Italian annual yield fell by 4.5 points to below 4.33%, the German one by 2.4 points to 3.29% and the French one by 4.2 points to 4.76%.

The semiconductor sector is in the spotlight, from Infineon (+5.91%) to Technoprobe (+5.55%) and Stm (+4.06%), together with the electrical equipment sector, from Siemens Energy (+8.54%), favored by analysts after the quarterly accounts, to Prysmian (+2.85%) and Schnider Electric (+2.45%). Weak banks Commerzbank (-1.54%), Intesa (-1.45%), Banco Bpm (-0.9%), Mps (-0.88%) and Unicredit (-0.54%). The exceptions are Mediobanca (+2.23%), due to the cascade takeover bid by Intesa once the offer on MPS, Standard Chartered (+1.15%) and Lloyds (+0.5%) was concluded.