Tackles, the euro down

2019-10-01T14:04:02.852Z

The positive opening of Wall Street, with the Dow Jones and the Nasdaq gaining about half a point in the early stages, has not altered the uncertain and contrasted picture of European stock exchanges, which are affected by the decline in the SME index, which measures future decisions. of purchasing managers. London is flat, Frankfurt yields 0.20% and Paris 0.30%. Milan, on the other hand, driven by banks, is up 0.27%. Attention focused on Ubi Banca (+ 2.41%) and Banco Bpm (+ 3.20%) on the hypotheses of a merger between the two institutions. On the government bond market, the BTP / Bund spread is now at 138 basis points with the 10-year BTP yield at 0.85%. The euro is still weakening on the currency market, which is now estimated at 1.08 and 95 against the dollar.