MILANO – An uneventful session for the European stock exchanges with the attention of investors always focused on the progress of the vaccination plan, slowing down due to the decrease in supplies compared to what was agreed by the countries. Yesterday’s words also put the brakes on the markets Jerome Powell, the Fed’s number one, according to whom the recovery of the US labor market is still “a long way off”. The number one of the US central bank, however, reiterated that the Fed will continue to support the US economy with low interest rates and asset purchases.
In Europe, Milano salt of 0.18%, London grows by 0.08%, Frankfurt 0.79% e Paris drops by 0.02%. One of the worst in Piazza Affari is Unicredit, down (-3.2%) later the disappointing accounts released yesterday. Few indications from Asia, where the main financial centers such as Tokyo and Shanghai are closed for holidays. Wall Street contrasted: at the close of trading in Europe the Dow Jones fell 0.08% and the Nasdaq rose 0.32%.
In Italy, the focus is still on the construction site of the new Draghi government. The president in charge seems to have gathered a very large majority by now but today on the Rousseau platform to express their support for the executive will be the members of the 5 Star Movement, after both Beppe Grillo and the former Prime Minister Giuseppe Conte have expressed their opinion on favor of entry into the new majority. The spread it falls again to 91 basis points, with the Italian ten-year yield again at a lows below 0.5%, at 0.46%, a new all-time low. Investors’ confidence in our country is also recorded in new placements: today the Treasury sold 3 billion euros of three-year bonds with a rate down to -0.33% from the previous -0.23%, Btp a 7 years for 4 billion euros, with interest rates at 0.18% (from 0.3%) and 2 billion BTPs at 20 years with a rate of 1.14%.
Among currencies, theeuro it closed above $ 1.21 and changed hands at $ 1.2129 and yen 127.02. The dollar / yen exchange rate instead went down to 104.72. On the other hand, the pound is up above $ 1.38. Among the raw materials, the price of Petroleum falls after the latest increases: contracts on WTI crude oil in New York lose 0.22% to 58.55 dollars a barrel.
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