All European stock exchanges are flat and the American stock market is uncertain. This is the picture of the stock markets at the close of the stock markets in Europe. Traders were shocked by an alarming figure that came from the US. The stock exchanges closed uncertainly because a bombshell exploded on the markets and could heavily affect the lists in the coming weeks.
The Milanese price list raises its head in a session, however, not very bright
Piazza Affari finally rises again. After four negative sessions and one uncertain, yesterday, the Milan stock exchange closed with a good rise today. Nothing exceptional, the appreciation was just over half a percentage point. But the Milanese list was the best in Europe, despite yet another lackluster day for bankers.
The securities of the major credit institutions closed with negligible increases or decreases, with the exception of Intesa Sanpaolo, which rose by 0.6%.
A bombshell has exploded on the markets and could heavily affect the lists in the coming weeks
The lackluster day of the banks is attributable to news that could heavily affect the stock market in the coming weeks.
The news comes from the US and concerns inflation. Prices rose in March with the largest increase in the past eight years. What is frightening is that a flare-up of inflation could lead to a rate adjustment by the US Central Bank.
Attention, the risk is not only in the USA. An inflationary flare-up, due to fiscal measures, and the unprecedented monetary injection, could soon affect Europe as well. From a flare-up of inflation with a consequent rise in rates, Italy would have everything to lose.
In fact, today the spread has risen by 2% reaching 105 points. This is the main reason that prevents the spread between BTPs and Bunds from falling. Still, the Spanish one is at 65 points and the French one at 25 points. The fear of inflation caused the main European lists to close almost unchanged.
Attention to Amplifon aiming for the record
Returning to today’s market events, at the end of the session the Ftse Mib (INDEX:FTSEMIB) closed up 0.6% at 24,600 points. In previous analysis, the Experts of ProiezionidiBorsa indicated for today in 24,600 points a key level for a new positive phase.
Among the stocks that favored the rise in the index, Amplifon’s 6.9% stands out thanks to the positive opinion of Standard & Poor’s analysts. After a series of bullish sessions, the stock today shot up to close at € 35.08.
Everything suggests that if tomorrow it exceeds 36 euros, the prices in the next sessions could go up to 38 euros, an all-time high reached in February. Beware of any returns below 33 euros, which would bring the share back to 30 euros.
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(We remind you to carefully read the warnings regarding this article, which can be consulted who”)
