European stock exchanges with the plus sign, in Piazza Affari the Ftse Mib rises by half a percentage point
The respite in Ukraine relaxes i European price lists: opening with plus sign for European stock exchanges who try to consolidate the decisive progress of the eve, which came thanks to the easing of tensions Moscow-USA-Kiev. TO Piazza Affari the Ftse Mib rises by half a percentage point, a Paris the Cac40 of 0.48% ea Frankfurt the Dax40 by 0.43%.
The withdrawal from the border withUkraine part of the Russian troops reduced the tensions between Russia and the West even though the president of the United States, Joe Biden, believes that “the Russian invasion remains a real risk”. For the Russia it is a planned retreat at the end of a series of exercises.
Meanwhile, the publication of the quarterly reports continues and the minutes of the last meeting of the Fomcthe Monetary Policy Committee of the Federal Reservefrom which the market hopes to find more indications to understand the extent of the former rate hike expected in March and on the pace that the US central bank wants to follow for raise rates in 2022.
On the macro front, come on use one will come new round of data and we look above all at retail sales, import prices and industrial production all of the month of January. As for Europe, the data on the industrial productionand the euro zone in December and attention is also growing on the European Central Bank and on what it will do to tackle inflation.
Speaking to the Financial Times, Isabel Schnabel – member of the executive committee of the ECB – appeared with an attitude of “Falcon“, declaring that the Frankfurt institute cannot ignore an” unprecedented “rise in house prices when facing inflation estimates.
Returning to the titles, a Piazza Affari start immediately in red for Banco Bpm (-2.5%) who pays the realizations after the jump recorded in the wake of the expectation that the bank can be the protagonist of the bank risk. Opposite sign for Prysmian (+ 2.51%) taken at the head of the Ftse Mib, when Leonardo consolidates the good progress of the eve and again this morning scores a + 1.62%.
Out of the main segment, little move Mps (+ 0.10%), after the bank defined “rumors that have no basis in initiatives launched” the rumors reported in the press about the need for a capital increase of 3.5 billion euros.
On the foreign exchange front, theeuro changes hands at 1.1377 dollars (1.1365 yesterday) and 131.589 yen (131.46), while the dollar / yen stood at 115.647 (115.68). Finally, as regards the price of oil, the April expiry contract on Brent rose by 0.6% to 93.84 dollars a barrel and the March delivery contract on the WTI by 0.62% to 92.64 dollars a barrel.
Start up also for it spread between BTp and Bund. In the initial stages, the yield differential between the ten-year benchmark BTp (Isin IT0005436693) and the same German maturity is indicated at a rate 169 basis points, up from 166 points at the closing of the eve. Salt also the yield of the ten-year BTp banchmark who scored a first position at the 2.02%, thus exceeding the 2% threshold for the first time since May 2020. Yesterday the benhcmark ten-year BTp closed with a yield of 1.98 percent.
READ ALSO:
Banco Bpm, Castagna beats guidance and market: 569 million in profits
Bper raises its offer for Banca Carige. Stock market, the title flies in anticipation of the Fitd
Carige, Montani in pressing on Consob: “Fitd should clarify offers”
#Stock #Exchange #truce #Ukraine #pushes #Europe #Sales #Bpm #Milan