Home » The stock exchanges today, January 28th. Uncertain EU price lists. France and Spain are growing more than expected

The stock exchanges today, January 28th. Uncertain EU price lists. France and Spain are growing more than expected

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MILANO – A prudent start for the European stock exchanges in a day still conditioned by the geopolitical turbulence between the US and Russia on the case of Ukraine and the quarterly reports coming from large companies. Europe is also dealing with the latest growth figures released by the main countries of the continent. Pending the Italian data, arriving on Monday, today is the day of France, Germany and Spain. French GDP grew in the fourth quarter of 2021 by 0.7% compared to the previous quarter, beating analysts’ estimates which, according to Bloomberg, had forecast a rise of 0.5%. For the whole of 2021, the country’s growth is 7%. The Spanish figure is also good. Madrid’s GDP grew in the fourth quarter of 2021 by 2% compared to the previous three months, exceeding the expectations of analysts who, according to Bloomberg, expected a rise of 1.4%. In comparison with the fourth quarter of 2020, the increase was 5.2%. According to the national statistics institute, growth in 2021 was 5%, lower than the + 6.5% estimated by the government but higher than the forecasts of the OECD and IMF.

Pending new ideas, the price lists are proceeding mixed. TO Paris the Cac rises by 0.24% to 7,041 points, a Frankfurt the Dax lost 0.74% to 15,409 points, a London the FTSE 100 fell 0.22% to 7,535 points. TO Milano Ftse Mib drops 0.28%. In Asia it closed with a strong rebound Tokyo, after three consecutive sessions of decline at the end of a week characterized by nervousness due to the monetary policy indications of the federal reserve. At the end of the trade the Nikkei gains 2.09%.

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It spread between BTP and Bund it rises to 137 points, compared to 135 points at the start. The yield on the Italian ten-year period also rose, standing at 1.33%.

Among the raw materials, the Petroleum continues its run triggered by the tensions between Russia and Ukraine, even if below the highs reached yesterday before a lower closing in New York. The fears of scarce supplies remain on the markets while the main producers continue their policy of limited increases in production: expected for the OPEC + meeting next Wednesday. On the Asian markets, the WTI rose by 0.83% to 87.33 dollars a barrel, while Brent rose by 0.71% to 89.97% dollars a barrel, just below the 90 dollars level exceeded in yesterday’s session.

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