Piazza Affari cuts losses, the euro above $1.12 and eurozone GDP grows by 0.4%
Published
Today the Milan Stock Exchange reduced its losses. The FTSE MIB index, the main index of the Italian stock exchange, recovered part of the decline recorded in the first hours of trading.
Meanwhile, the euro has returned above the $1.12 mark, with an increase of 0.26%. The exchange rate between the two currencies is closely watched by financial operators, because it affects the cost of imports and exports.
In the third quarter of 2026, the gross domestic product (GDP) of the eurozone grew by 0.4%. GDP measures the total value of goods and services produced over a period of time, so it is an important indicator for assessing the health of an economy.
The growth figure comes at a time when markets are closely following the performance of the European economy. Italy is part of the eurozone, so these results also concern our country, although the source article does not provide further details on the Italian situation.
Sources: Milano Finanza
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