Share

by Fabrizio Patti 13 January 2020 Market week ended on Friday with the slight downturn on Wall Street, after a series of historical highs, for data below expectations on the labor market.

Today opening contrasted on European markets. The Eurostoxx 50 index, the basket of the main Eurozone stocks, marks + 0.07%. The main indices of the London stock exchanges (+ 0.42%), Frankfurt (+ 0.18%) and Paris (+ 0.23%) are rising. The Ftse Mib in Milan, on the other hand, fell (-0.16%), dragged down by industrial and oil & gas stocks.

StMicroelectronics stands out among the individual stocks in Piazza Affari, while the Ftse Mib Hera (-2.10%) and Prysmian (-2.75%) rankings close. Also in Asia the start was positive, in particular between Hong Kong and Seoul, whose stock market indexes rose by more than one percentage point. Tokyo is closed on holidays. The exception was the Sydney stock exchange (-0.37%), dragged down by the stocks of the mining and oil companies.

Chinese Vice Premier Liu He is expected in Washington today, ahead of the signing of Phase One of the negotiations between the United States and China on Wednesday. Investors rewarded easing tensions between the United States and Iran last week. The biggest effect was on oil prices, which settled with Brent at around $ 65 a barrel, after exceeding $ 70. The spread between BTP and Bund is rising, to 155 basis points, with the yield of the 10-year BTP at 1.37%, 4 more than on Friday. November retail data on the agenda at 10 today. It will be seen if there has also been a "Black Friday" effect in Italy.