2024-06-22 14:20:02
(ANSA) – MILAN, JUNE 21 – The appointment with the expiration of the choices, the so-called Friday of the ‘4 witches’ risked triggering a debacle however the inventory markets, due to the soundness of Wall Road, restricted the decline. On Piazza Affari (-1.09%) the most effective sellers have been the banks. MPS closed down 3.79%, Pop. Sondrio by 2.84% and Unicredit by 2.19%, Intesa misplaced 1.16% and Banco Bpm 1.8 p.c. Amplifon (-3.78%) and Tim (-2.3%) have been additionally weak. Hera went in opposition to the pattern and after signing the settlement with the unions gained 1.4 p.c on the finish of the session. In Europe the opposite markets restricted the decline (Stoxx600 -0.7%). The French index (-0.5%) closed the week decrease after Thursday’s rebound, London misplaced 0.4% and Frankfurt 0.5 p.c. The unfold between BTPs and Bunds on the finish of the session stopped above 153 factors (153.3). The decline in yields has stopped and that of the Italian 10-year bond stands at 3.93% and the German one has fallen to 2.4 p.c. For French authorities bonds, nonetheless, the hole with the Bund is at its widest degree since 2012, in a context of nice volatility within the run-up to the elections. The psread rose by 3 foundation factors (80 bps) with the Oat yield at 3.21 p.c. “Authorities bond yields are falling throughout Europe – feedback a supervisor – this makes me suppose that it isn’t a query of political danger however of PMI information and the way the markets are discounting decrease development prospects for the euro zone”. (HANDLE).
2024-06-22 14:20:02