MILANO – Weak session for European markets which all closed down in line with the trend of trading on Wall Street. Milano gives 0.21%, London slips by 0.26%, Frankfurt yields 0.5%. It goes against the trend Paris, that salt by 0.15%. In Piazza Affari there was a decrease in Cnh (-4.5%) which was affected by the ex-dividend date and the stop to negotiations with the Chinese of Faw for the sale of Iveco. Tears Juventus upwards (+ 17.85%) onSuperalloy hypothesis that is breaking the world of football. In flexion too Wall Street, at the close of trading in Europe the Dow Jones was down by 0.58% and the Nasdaq by 1.23%.
China and the US lead the roaring 1920s of the global economy
by Francesco Guerrera
April 19, 2021
L’euro closed higher at six-week highs just above $ 1.20, against $ 1.1981 on Friday at the close. The pound is traded at $ 1.39.
It spread between BTP and Bund it stops at 102 points, just above Friday’s levels, with the 10-year bond yield at 0.79%. The Treasury today initiated the placement of the new BTP Futura. Now in its third edition, it has a longer duration (16 years) and has nominal six-monthly coupons calculated on the basis of pre-established rates that increase over time (the so-called step-up mechanism). The ISIN code of the security during the placement period is IT0005442089. Any early closure cannot take place before Wednesday 21 April, thus guaranteeing the investor at least three full placement days. Demand was sustained in the first hours of placement, exceeding € 2.28 billion.
From Japan, there was a higher-than-expected jump in exports in March: they grew by 16.1% on an annual basis, a figure mainly linked to the fact that in March 2020, international trade was blocked by the pandemic. However, the magnitude of the increase is significantly higher than analysts’ consensus expectations Bloomberg (+11,4%).
The prices of the Petroleum they turned positive in the afternoon, with WTI crude oil changing hands at 63.27 dollars (63.17 Friday evening in New York) and those on Brent at 66.84 dollars a barrel. Always among the raw materials, the prices oforo they are stable on the Asian markets at the start of the week. The immediate delivery bar changes hands at $ 1,773 an ounce.