European stock markets confirm the rise mid-session with the lists looking to the ECB to cut rates after the freeze by the Fed. The confirmation of inflation in the eurozone at 2.4% gives further impetus.

In Milan (Ftse Mib 1.1% at 33,761 points), the banking sector remains strong with Popolare Sondrio (+4.4%) in the lead and, followed by Mps +2.08%) and Banco Bpm (-2.32%). In luxury Monclersale of 2.5%, Cucinelli of 1.7% in the wake of LVMH which in Paris +1.31%) earned 4.7%. Saes Getters at 38.1 euros, well above the 26.3 euros of the reference shareholder price preparatory to the delisting. The spread between BTPs and Bunds drops to 142 points, and the yield on the Italian 10-year bond also drops by 4 basis points below 3.9%.