European stock markets are rising, oil prices are slowing

Positive session for European stock markets after yesterday's US inflation data. There is optimism in the markets: Milan up 0.73%, London up 0.64%, Paris up 1.05%, Frankfurt up 0.95%, while Wall Street is mixed. The rise in oil prices is slowing, reaching $80 a barrel in London and now falling to $78.7. Gas increases at 31.9 euros per MWh.

Luxury stocks are in focus today following Burberry's profit warning, with Cucinelli down -0.41%. Terna Rosa Jersey, +3.59%, Stellantis worst despite positive European car sales data, -0.75%.

The spread narrows further to 158 basis points, the ten-year yield to 3.72%.

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