Stock market: Europe confirms the rise, slow on US inflation

European stock markets confirm the bullish trend in the middle of the session with a focus on US inflation expected in the early afternoon. A figure which, moreover, could provide indications on the future path of the Fed's monetary policy for the rest of the year. Futures on Wall Street remain mixed with the Nasdaq negative.

The Old Continent area index, the Stoxx 600, rises by half a percentage point with real estate in the lead while financials are declining. Also worth keeping an eye on is the trend of oil which is a source of concern for investors after the Houthi missile and drone attacks against Saudi Arabia have accentuated uncertainty over energy supplies. The WTI rises 1.5% above 95 dollars while Brent gains 0.84% ​​to 106.5 dollars a barrel. The price of gas, however, fell by 2.5% to 85 euros per megawatt hour.

Among the individual squares, the most cautious is Milan with the Ftse Mib which is flat (+0.01%) and defends 50 thousand points. The focus is on the risk with bankers under sale. Bper lost 1.46%, Banco Bpm 1.5%, Unipol 0.83%, Mps 0.345, Intesa 0.66%, Generali 0.24%: For the rest, Avio's run continues (+5.48%) in the wake of the strategic cooperation agreement for the production of solid rocket motors with Lockheed Martin. Campari (+2.76%), Italgas (+1.96%), Inwit (+1.9%) also performed well. The spread remains fairly stable. The differential between BTPs and Bunds is around 107 basis points with the yield on the Italian ten-year bond at 4.52%. As for the other markets, Paris rose by 0.6%, Frankfurt by 0.62%, London by 0.38%, Madrid by 0.57%.

Finally, for exchange rates, the euro remains little moved against the dollar. The single currency changes hands at 1.1194 on the greenback.