The spread closes at 200 and pushes the banking sector

2019-08-21T16:55:53.381Z

A positive day has just closed for European stock markets today. The best was just Milan, + 1.77%. But the other squares of the continent also went well: Paris, above all, but also London and Frankfurt. +1.33 for the Eurostoxx index of the top 50 Eurozone stocks. The New York price lists are now rising by about one point. The spread trend is under observation today. The differential between the Italian 10-year BTP and the German Bund has today fallen to 199, before returning to 200. The yield of the BTP is at 1.33 percent, at its lowest point since October 2016. The descent of the Btp differential Bund favored the banks, whose benchmark index rose by 1.32%. Today, however, the titles have gone well in various sectors. Prysmian, Fineco, Exor and Campari the best of an Ftse that has not seen titles in descent. Fiat Chrysler was also in evidence: + 3.33% on press rumors of a drop in Renault's participation in Nissan, a move that could make the merger between Fca and Renault easier.