(ANSA) – MILAN, JUN 06 – Piazza Affari continues tonic in the middle of the session, in line with the other European stock exchanges, with investors reassured by the easing of containment measures against Covid in China. The Milanese market rose by 1.5%, pulling the sprint to London (+ 1.3%), Paris (+ 1.3%) and Frankfurt (+ 1.2%). New York also got off to a good start, with tech stocks welcoming Beijing’s easing of regulatory pressure on its hi-tech companies and Goldman Sachs confident that Fed monetary tightening won’t bring the US economy. in recession. The BTP-Bund spread closes by 4 basis points, to 307 basis points, with the yield down to 3.34%, after last Friday’s record levels, ahead of Thursday’s ECB meeting. Italian government bonds are helped by the FT’s indiscretions relating to a shield that the ECB is preparing to defend the weaker countries of the Eurozone from a surge in financing costs.
The optimism regarding the Chinese economy and the increase in prices decided by Saudi Arabia for the Asian market support the record prices reached by crude oil, with the Brent slightly moving at $ 119.6 a barrel and the WTI at 118.8 dollars. The price of gas rose by 1% to 84 euros per megawatt hour.
In Piazza Affari run Iveco (+ 4%), Finecobank (+ 3.1%), Nexi (+ 3%) and the banks with Unicredit (+ 3%), Bper (+ 2.8%) and Intesa (+2, 7%), Prysmian. Energy (+ 1.6%), raw materials (+ 1.5%) and retail sales (+ 3.1%) stocks advance on the European lists, supported by confidence for the recovery of the Chinese economy . (HANDLE).
Source: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.
