MILANO – 3.15 pm. European lists are proceeding weakly with investors looking on the one hand with optimism at reopening and on the other with concern at the trend of infections in the world and in particular at the dramatic situation in India, where over 300 thousand new cases were registered only yesterday . Milano yields the 0.09%, London the 0.23% yields, Frankfurt moves back by 0.35% e Paris or 0.2%.
Stock exchanges, the record run of the lists: the markets tested by Biden, bubbles and Covid
by Mario Platero
The stock markets are also not very busy on the Asian side, with Tokyo which concluded trading at -0.46%, despite a slight improvement in the estimates of GDP estimates in the 2020/2021 period by the Bank of Japan. On the Japanese side, the impact of the Archegos crash on Nomura’s accounts is heavy: the financial group recorded a one-off loss of 245.7 billion yen, about 2.3 billion dollars, in its fiscal year 2020/21, attributing losses to an “American customer” who is not named and anticipating an additional loss of approximately $ 570 million in the new tax 2021/22. UBS also gave its accounts, impacted by the story of the American fund but in any case with growing profits.
I future di Wall Street they are positive, in the aftermath of the publication of Tesla’s accounts and with other quarterly reports of weight looming.
Ubs bears the brunt of the Archegos crash: profit up in the first quarter
Waiting for the Fed meeting tomorrow theeuro it remains stable below $ 1.21, remaining around the highs for two months, supported by optimism on the recovery in Europe linked to the trend in vaccinations. The European currency changes hands at 1.2075 dollars and 130.65 yen. Few shakes even on spread: the BTP / Bund spread opens at 105 points, close to yesterday’s closing levels, with the yield rising to 0.802%.
Among the macroeconomic data Istat records an improvement in the confidence index in Italy of citizens and businesses. The former rose from 100.9 to 102.3, the latter rose from 94.2 to 97.3. The data relating to companies increased for the fifth consecutive month, even if the level reached is still slightly lower than the one before the health emergency. The Institute of Statistics also updates the trade balance account with non-EU countries in March 2021, which marks a surplus of 4.797 billion (+5.073 billion in March 2020).
Looking forward to this week’s Opec + meeting, the prices of the Petroleum are on the rise. The Texas WTI rose 1.02% to $ 62.54 while the North Sea Brent rose 1.04% to $ 66.33.
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