MILANO – 16.25. The data on the Chinese and American recovery cloud the weekly record of coronavirus infections, at least for what is seen on the financial markets with the Asian shares that followed the Wall Street rises of the last session, during which the indices climbed new peaks thanks to the quarterly higher than expected.
The start of the week for markets in Europe is one of caution. The European indices retreat again, approaching closure: Milano yields 0.17%. The others proceed in contrast: London slips by 0.17%, Frankfurt yields 0.29% e Paris salt by 0.32%. In Piazza Affari there was a decrease in CNH which was affected by the detachment of the coupon and the halt to negotiations with the Chinese of Faw for the sale of Iveco. Juventus snatches up on the Superlega hypothesis that is splitting the world of football. In flexion too Wall Street, with the Down Jones down 0.43% and the Nasdaq down 0.82%.
China and the US lead the roaring 1920s of the global economy
by Francesco Guerrera
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 is stable just above 100 basis points. The Treasury today started 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 early hours of placement, exceeding 1.7 billion in the early afternoon.
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 greatest concern for the growth of the pandemic in countries such as India and Brazil is the Petroleum, which moves at the pace of the global recovery: after the rush of the last few sessions in the wake of a sequence of good economic indicators, today WTI crude oil changes hands at 63.06 (63.17 Friday evening in New York). Brent is down 0.1% to 66.64 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 $ 1,776 an ounce with a positive change of 0.1%.
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