Weak European stock markets, eyes already on the Federal Reserve

European stock markets were mostly weak in this first session of the week. London and Paris remain just above parity, while Frankfurt and especially Milan are in the red at -0.76%. Weighed down by the bad day of Fineco Bank, the worst stock on the main list, which fell more than 4%, and oil equipment construction stocks.

On the other hand, Wall Street starts slightly positive, awaiting some important quarterly reports later in the week, especially for the technology sector, and the Federal Reserve meeting. A rate cut already seems highly unlikely, but operators are carefully awaiting guidance on the US central bank's monetary policy strategy and long-term goals.

For government bonds, the spread between BTPs and German federal bonds falls to 150 basis points.

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