MILANO- Lazy sitting for the European stock exchanges and at the end of the week. The spotlights of the markets remain focused on the Fed’s next moves on interest rates and on the upward trend in inflation. Investors also look at the trend of Omicron infections with any containment measures and the effects on the economic recovery. The lists remain in the wake of the sales that hit the tech and auto sectors in particular yesterday, dragging down the main indices. Milano loses 0.85%, London 0.44% Frankfurt 0.75% e Paris 0.93%. and Asian stock exchanges closed the session down. Tokyo archives the week down 1.28%. While negotiations are still underway, Hong Kong (-0.48%), Shanghai (-0.81%), Seoul (-1.36%) and Mumbai (-0.44%) are also in the red. In contrast, Shenzhen (+ 0.1%).
On the macroeconomic front, the GDP of Germany and the United Kingdom, inflation of France and Spain and the trade balance of the Eurozone are on the way. Industrial production from Great Britain and the United States is also expected. Consumer confidence, retail sales and corporate inventories are arriving from the US.
Among currencies, euro little movement on the dollar with the single European currency at 1.1466 on the dollar. The euro falls against the yen to 130.49. The spread between BTP and the German Bund starts the session a little moved at 131 points, compared to 130 points at yesterday’s closing. The Italian 10-year yield is stable at 1.214%
Start of the day slightly moved for the prices of Petroleum. Wti crude is gaining 0.1% at $ 82.16 a barrel. Brent was also positive, increasing by 0.30% to 84.72 dollars a barrel