(ANSA) – MILAN, JULY 27 – European stock markets continue to rise in a positive climate for the results of the quarterly reports. The results that are emerging, according to financial analysts, are “better than expected”. Spotlight on the Fed meeting that will announce monetary policy decisions in the evening. On the monetary side, the euro moved little against the dollar at 1.0139.
The stoxx 600 area index gains 0.5%. In positive ground London and Paris (+ 0.5%), Frankfurt (+ 0.2%), flat Madrid (+ 0.03%). The lists are supported by the technology sector (+ 1.9%). Energy also did well (+ 0.5%), with the price of oil rising. The WTI rises to 96.49 dollars per barrel (+ 1.6%) and the Brent to 105.82 dollars (+ 1.4%). Banks are also in the spotlight (+ 0.7%), after a series of quarterly reports. Utilities were positive (+ 0.1%), with the price of gas not stopping the upward race. In Amsterdam, prices stood at 223 euros per megawatt hour after a blaze of 225 euros.
In view of the meeting of the US central bank in the Old Continent, the nervousness on government bond yields returns. The Italian ten-year BTP rate rises to 3.32% (+9 points), recording the largest increase among European government bonds. The 10-year Greek yield also increased to 3.02% (+7 points) and the Spanish yield to 2.13% (+ 4%). (HANDLE).
Source: Ansa
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