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by Michela Coricelli November 27, 2019Mixed opening on Wall Street, after the recent records and despite the series of positive US data, starting from the GDP, which grew by 2.1% in the third quarter, better than expected: Dow Jones in light to a decrease to -0.05%, Nasdaq up by a quarter of a point. Tomorrow, Wall Street is closed for Thanksgiving.

There is always expectation of concrete developments from the front of trade negotiations between the United Nations and China. European stock exchanges are also cautious. Milan had opened positive, then turned into negative territory: it lost 0.30%. The others are on the rise, especially London - today the best - at + 0.50%.

The spread between Italian BTP and German Bund is stable at 156 basis points (1.19% yield). Today the Treasury has placed 6.5 billion at the auction of half-yearly Bonds with stable rates at -0.21%.