Start up slightly for European stock exchanges

2019-09-24T07:32:20.276Z

Positive start for the European stock markets after the Pmi data in the United States, better results than expected, unlike those of the Eurozone that yesterday had marked a new slowdown. For Milan the initial rise is 0.40%, Frankfurt advances 0.23%, Paris marks + 0.26% and London + 0.11%. On the Piazza Affari price list several industrials and banking stocks recovered, penalized yesterday despite the slight drop in the spread. The yield differential between the BTPs and German Bunds at the start of the day is confirmed at the levels of the previous closing, at 141 basis points, with our ten-year yield at 0.83%. Stability on the exchange front, with the Euro at 1.0992 against the Dollar. Update 09.20