MILANO – 9.15 am. Closing of the week pointing upwards for the European stock exchanges. The good macro data from the US economy, with weekly requests for subsidies falling to a year’s lows, reinforced investors’ belief that the economic recovery is sustained. An assist to the lists also came from the American president Joe Biden which proposed a $ 6 trillion budget for 2020 for 2020, the highest since World War II.
Milano thus starts from 0.14%, London grows by 0.29%, Frankfurt 0.37% e Paris 0.31%. Positive signs had already been seen this morning in Asia, where Tokyo concluded trading at + 2.1%, also supported by a weakening of the yen which benefits exporting companies.
Among currencies, theeuro opens slightly below 1.22 dollars and changes hands at 1.2179 dollars and 133.86 yen. Stable it spread between BTP and Bund in start-up: the differential marks 110 points with the yield of the Italian ten-year equal to 0.93%.
The optimism on the recovery also pushes the prices of the Petroleum. In the morning, Texas WTI crude oil rose by 0.24% to 67 dollars while Brent changed hands at 69 dollars (+ 0.06%)
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