EU stock markets positive, optimism prevails
European stock markets continue positive with investors betting on the easing of monetary policy by central banks. After the UK GDP and the unemployment rate in Germany, attention now shifts to the data coming from the United States. Government bond yields rose slightly while on the currency front the euro fell to 1.0781 against the dollar. The Stoxx 600 index gained 0.2%. London and Paris rose (+0.4%), Frankfurt showed little movement (+0.08%), Madrid fell (-0.4%). Price lists are supported by luxury (+0.8%), with analysts seeing a recovery in sales in Asia. Cars were positive (+0.2%), with Renault gaining 1% after the sale of 2.5% of the same Japanese group to Nissan. Banks are on the rise (+0.8%), in a context of high interest rates which is driving revenues. Energy purchases (+0.4%), in line with the increase in oil prices. The WTI gains 0.4% to 81.7 dollars a barrel and Brent stands at 86.4 dollars (+0.3%). Utilities are down (-0.3%), with the price of gas falling. In Amsterdam, prices dropped 0.9% to 27.5 euros per megawatt hour. On the government bond front, the spread between BTPs and Bunds rises to 134 points. The yield on the Italian 10-year bond stood at 3.66%, up by 5 basis points, and the German one at 2.31% (+2 basis points). Gold moved little at $2,195 an ounce.