Square business slows down the investor chasing for clues from the fed
2019-08-23T10:40:54.482Z
The European stock markets are positive this morning, above all thanks to the + 0.80% recorded by the FTSE 100 index of the London Stock Exchange. The rise in the Ftse Mib in Milan was more moderate, + 0.20%, in a morning marked by fluctuations. Opening up by 0.70%, almost zero earnings, new climb up to +, 60% and new descent. The day after the Quirinale consultations for the new government, the spread fell to 192 basis points, to then return to 195, on yesterday's values. The yield of the 10-year Italian BTP is at 1.31% (+1), that of the German Bund at -0.64% (+1). Among the sectors at Piazza Affari, the banking sector had started up more than one point, now + 0.22%. Yesterday, ECB supervision gave banks longer time to dispose of their impaired loans. The eyes of the markets today are focused on the speech that the governor of the American central bank, Jerome Powell, will hold at 4 pm at the annual meeting in Jackson Hole, Wyoming. His reading of the economic phase, marked by contradictory data, will give signals on the timing and extent of a future rate cut. Yesterday, data on requests for unemployment benefits lower than expected. But, at the same time, the expectations of purchasing managers are falling, with the US manufacturing SME index falling from 50.4 to 49.9. The threshold between growth and contraction expectations is 50. Best Ftse Mib Juventus titles (+ 2.60%) and Banco Bpm (+ 1.38%). Diasorin and Salvatore Ferragamo close the list, down by one and a half points. Update 12.25
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by Fabrizio Patti 23 August 2019The European stock exchanges are positive this morning, above all thanks to the + 0.80% recorded by the FTSE 100 index of the London Stock Exchange. The rise in the Ftse Mib in Milan was more moderate, + 0.20%, in a morning marked by fluctuations. Opening up by 0.70%, almost zero earnings, new climb up to +, 60% and new descent. The day after the Quirinale consultations for the new government, the spread fell to 192 basis points, to then return to 195, on yesterday's values. The yield of the 10-year Italian BTP is at 1.31% (+1), that of the German Bund at -0.64% (+1). Among the sectors at Piazza Affari, the banking sector had started up more than one point, now + 0.22%. Yesterday, ECB supervision gave banks longer time to dispose of their impaired loans. The eyes of the markets today are focused on the speech that the governor of the American central bank, Jerome Powell, will hold at 4 pm at the annual meeting in Jackson Hole, Wyoming. His reading of the economic phase, marked by contradictory data, will give signals on the timing and extent of a future rate cut. Yesterday, data on requests for unemployment benefits lower than expected. But, at the same time, the expectations of purchasing managers are falling, with the US manufacturing SME index falling from 50.4 to 49.9. The threshold between growth and contraction expectations is 50. Best Ftse Mib Juventus titles (+ 2.60%) and Banco Bpm (+ 1.38%). Diasorin and Salvatore Ferragamo close the list, down by one and a half points. Update 12.25
