MILANO – 12 noon. Restart with a cautious rise for the European stock exchanges with investors looking with optimism at reopening while always keeping an eye on the risk of inflation. The Old Continent, however, moves on a narrow gauge, with the closure of Paris e Frankfurt: London salt of 0.19% e Madrid 0.06%. Case apart for Milano on which the coupon detachment for 45 companies on the list weighs (18 those of the Ftse Mib), which is worth a technical decrease of 0.89% on the general trend of the index. The Ftse Mib thus falls by 0.4% after the first few bars, but net of dividends it is in line with the others.
Positive closing on the Asian side Tokyo (+ 0.19%), which positively discounts the authorization granted to Moderna and Astrazeneca vaccines, up to now not yet administered in the country. Counter the others: Hong Kong marked a slight decline of 0.16% while Shanghai rose by 0.31% e Shenzhen 0.75%.
Positive start for it spread between BTPs and German Bunds: the yield of the Italian ten-year (which moves opposite the price) fell to 1.03% and thus the differential with the German counterparts went to around 115 basis points. Among the currencies there is a euro slightly moved at 1.2189 dollars and 132.59 yen. Dollar / yen at 108.78.
Inflation eclipses the Draghi effect: savings of over 2 billion fade with the rise in yields
by Raffaele Ricciardi
Start of the week up for the prices of Petroleum on the prospects for economic recovery after the pandemic wave. WTI crude oil recovered 0.7% this morning and changed hands just above $ 64 per barrel (64.07). Brent is also on the rise, reaching nearly $ 67 to $ 66.9 a barrel.
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