MILANO – European stock exchanges restarts cautiously on the end of the week while the quarterly season is approaching the end. Unipol arrived this morning at Piazza Affari, one of the latest on the calendar, which recorded a 7% increase in profit compared to 2020 at 813 million euros in the first few months. Overall, the price lists restarted little moved, still conditioned by the fear of the increase in infections throughout Europe, with Germany registering the new peak of daily cases since the beginning of the pandemic, evaluating new measures to accelerate vaccinations.
Milano is flat in startup, London marks -0.32%, Frankfurt e Paris + 0.05%. In the background, the markets are still worried about inflation, given the new record recorded by the US in October, with prices at the highest levels in 31 years, and the concern that the Fed could further accelerate the current monetary squeeze. Trading in Asia was positive, with the Nikkei closing up 1.13% in Tokyo.
Stable it spread in on startup. The spread opens at 119 points, in line with the levels seen yesterday, with the 10-year bond yield at 0.95%. The euro has little effect on the dollar: the single currency changes hands at 1.1448 dollars, close to yesterday’s levels. On the other hand, the yen fell to 130.72.
Start of the day down for the prices of Petroleum pending US decisions to contain the price rush. The reference WTI lost 0.8% compared to the prices last night in New York and changed hands at 80.92 dollars a barrel. Brent is down 0.87% to 82.25 dollars a barrel