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Positive EU stock exchanges, but not Milan: the coupon detachment puts the Ftse Mib in red

May 23, 2022
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Positive EU stock exchanges, but not Milan: the coupon detachment puts the Ftse Mib in red

(Image source: Imagoeconomica)

Stock Exchange, Biden opens to stop tariffs on Chinese goods. Oil prices rise, gas down

Positive start of the week for i European price lists who look forward to the opening of the American president Joe Bidenwhich defined in the study a possible lifting of the duties imposed by the Trump administration on Chinese goods, in addition to the recovery achieved by the Wall Street on Friday’s final which allowed theS&P 500 to avoid closing in “bear” territory.

Here then is that just after the opening of the session, the main ones Bags continental, almost all mark plus signs: Frankfurt earns 0.72%, Paris 0.88% e Amsterdam + 1.34%. TO Milan the Ftse Eb instead it marks -0.4% discounting the detachment of coupons by 19 out of 40 securities: net of this “optical illusion”, explains the economic agency Radiocorthe increase would be 1.04%.

Among the blue chips of Piazza Affari they bring themselves to light Mediolanum Bank (+ 2.41%), Poste Italiane (+ 1.92%) and Unicredit (+ 1.81%). On the foreign exchange market, the euro regained 1.06 dollars and is indicated at 1.0608 from 1.0555 on Friday closing. The single European currency is also worth 135.47 yen (134.94 on Friday), while the dollar / yen ratio is 127.70 (127.86). The price of the petrolium, with the July future on Brent at 113.46 (+ 0.81%) and the similar contract on the WTI at 111.18 (+ 0.82%). Down by 4.9% to 83.6 euros per megawatt hour on gas natural in Europe.

Finally it spread opens a little moved at 203 points: at the start of the week’s trading, the yield differential between the Benchmark ten-year BTp (Isin IT0005436693) and the same German deadline is indicated at 203 basis points from the 204 points recorded at the closing on Friday. The BTp yield ten-year benchmark, which rose up to 3% last Friday, moves around 2.98% from 2.99% at the end of the day before.

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