(ANSA) – MILAN, MAY 05 – The main European stock exchanges with US indices under pressure (Dow Jones -2% and Nasdaq -4%) reset the rise in the aftermath of the Fed rate hike.
London (+ 0.77%) and Paris (+ 0.25%) resist, while the others move around parity, from Frankfurt (+ 0.04%) to Milan (-0.1%) and Madrid ( -0.05%). The differential between Italian BTPs and German Bunds rose to 198 points, while the annual yield of Italian ten-year bonds began to rise again, gaining 4 points over 2.99%.
Crude oil rose (WTI + 1.4% to $ 109.31 a barrel), while Brent (+ 1.64% to $ 111.95) remained above the threshold of $ 110 after the OPEC + summit, which has increased production by 432,000 barrels since June, against weekly crude oil inventories that unexpectedly rose to 1.3 billion barrels in the US, against an expected drop of 800 million.
Natural gas also rose (+ 1.34% to 105.35 euros per MWh) on the market in Amsterdam.
Effect of quarterly accounts on Unicredit (+ 3.58%), Credit Agricole (-3.67%), which worsened profit, Axa (-1.59%), Shell (+ 2.73%), Enel ( -2.6%), which released them yesterday with the stock market closed, together with Tim (-1.84%) and Moncler (-5.23%), also frozen on the downside. In the automotive field, the quarterly Stellantis (-0.22%) and BMW (-1.11%) circulated. (HANDLE).