European stock exchanges “deluded” by Wall Street which then closed negative: Nasdaq -1.3%

(Il Sole 24 Ore Radiocor) – Closing up on January 20 for European stock exchanges, after the phase of uncertainty of the last sessions. Although Wall Street, after a promising start that encouraged buy orders in Europe, closed negative: the Dow Jones lost 0.90% to 34,713.41 points, the Nasdaq 1.30% to 14,154, 02 points, while the S&P 500 left 1.11% on the ground at 4,482.56 points ..

Overseas yields also held back Treasury, with the ten-year period standing at around 1.83%, after having gone beyond 1.9% on the eve. Investors also appreciated the move by the Chinese central bank which cut the loan prime rate by 10 basis points to support the economy. Piazza Affari thus closed with the FTSE MIB on the highs of the day, it spread returned below 140 points and the ten-year BTP yield dropped to 1.37%. At the end of the session there were also increases for CAC 40 in Paris, despite the decline in business confidence (107 points in January, the second consecutive decline), for the DAX 40 in Frankfurt, the Spaniard IBEX 35 and the index AEX in Amsterdam.

FTSE Mib stock market trend


Tim redeems himself, in light of the utilities. Down Stellantis

At Piazza Affari for the entire session of 20 January there were purchases on utilities, with Enel, A2a ed Hera among the best, while the brokers are looking at any moves by the Draghi Government to contain the price increases bills energy sources that may in some way have an impact on sector operators. The title has also awakened Telecom, which had left 9% on the ground since the beginning of the week in light of the rumors about reorganization projects discussed in the board of directors that dismiss the hypothesis of a takeover bid by the US fund Kkr. Also good Amplifon, while Moncler slows down after the rush of luxury on the eve in the wake of the accounts of the Richemont fashion house and Burberry. Weak oil, with Eni e Saipem queued due to the drop in crude oil. The auto sector also closes at the bottom of the list with Stellantis e Pirelli & C.

In the US unemployment benefits worse than estimates

In the United States, the number of workers who first applied for unemployment benefits in the week ending January 15 increased by 55,000 to 286,000, the Department of Labor reported. ). At the height of the pandemic, the United States had registered a maximum of 6.9 million new requests per week. The total number of workers receiving unemployment benefits increased by 84,000 to 1.63 million, after falling the previous week to its lowest level since 1973.

Euro / dollar flat, oil slows down

On the currency market, the euro is trading in line with yesterday evening’s positions at $ 1.1364 (1.1354). Euro / yen rose to 130.05 yen (129.67), dollar / yen to 114.37 (114.26). Oil prices slowing down after the new flare-up induced on the eve by the increase in demand estimates by the IEA: the March delivery of Brent returns to 88.9 dollars a barrel, the same maturity of the WTI drops to 86.5 dollars a barrel. Gas prices down in Europe: on the Ttf platform the values ​​are 70.4 euros per megawatt hour (-6.8%).

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