Closing on the rise for European stock markets, while Wall Street continues positive post Fed. On Piazza Affari, Ftse Mib changed little (+0.10%) at 34,327.95 points, with Finecobank (+1.90%), Interpump Group (+1 .68%), STM (+1.50%) and Azimut (+1.51%) at the top while Nexi retreats (-4.88%), most likely dragged by the sale by the Singapore sovereign fund, known as Gic, of its representative participation of 2.5. Terna also fell by (-2.63%) after yesterday’s gains, together with Diasorin (-3.03%) and Telecom Italia (-4.03%).
Focus on central banks, in particular the British Central Bank (BoE) which confirms rates at 5.25%. On the contrary, the SNB once again surprised the markets by reducing the reference interest rate by 25 basis points, to 1.5% from 1.75% previously.
In the morning the German index, the purchasing managers index (PMI) for March collapsed to 41.6 points, lower than expected. As for the eurozone, manufacturing PMI drops to 45.7 while the services PMI jumps to 51.1, higher than expected.
On bonds, the BTP-Bund spread is close to 126 basis points, with the yield on the Italian ten-year bond at 3.66% and that of the Bund in the 2.40% area.
Among raw materials, Brent oil currently loses -0.56% to 85.57 dollars a barrel.
On Forex, euro/dollar exchange rate down to 1.086.