The spread falls to 140. Coronavirus brings oil below $ 60
2020-01-27T09:04:11.069Z
The day after the vote in Emilia Romagna and Calabria, the yield of the Italian BTP fell by 19 basis points, to 1.05%. The spread with the German Bund is 139 basis points, according to the data of the Mts securities exchange platform (Lse-Borsa Italiana group). Otherwise, concern over the effects of Wuhan's coronavirus dominates the markets. In Europe, the stock exchanges in London, Paris and Frankfurt fall by about 1.5 percent. Milan limits the drop, -0.18%, precisely because of the trend of the spread that makes the banking sector grow (+ 1.24%), while the biggest decreases are taking place among the indices that weigh technological stocks (-2 , 42%), industrial (-1.20%) and oil (-0.54%). In Asia, Chinese exchanges are closed today, but the Tokyo stock exchange Nikkei index fell 2.03%. Just as concerns about the impact on the world economy of the virus continues to drop, the price of oil, today with Brent below 60 dollars a barrel: 59.56, 6 dollars less than a week ago (- 9 percent). Still the most classic of the safe-haven goods, gold (+ 0.40%), rises to 1,577 dollars an ounce. In the last week it has risen by 1.30 percent, in the last year by 21 percent. Among the titles in Piazza Affari, the best performances for Banco Bpm, Poste Italiane, Unicredit, Ubi Banca and Intesa Sanpaolo. Major declines for CNH Industrial, StMicroelectronics, Moncler and Salvatore Ferragamo.
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by Fabrizio Patti Milan January 27, 2020 The day after the vote in Emilia Romagna and Calabria the performance of the Italian BTP falls by 19 basis points, to 1.05 percent. The spread with the German Bund is 139 basis points, according to the data of the Mts securities exchange platform (Lse-Borsa Italiana group). Otherwise, concern over the effects of Wuhan's coronavirus dominates the markets. In Europe, the stock exchanges in London, Paris and Frankfurt fall by about 1.5 percent. Milan limits the drop, -0.18%, precisely because of the trend of the spread that makes the banking sector grow (+ 1.24%), while the biggest decreases are taking place among the indices that weigh technological stocks (-2 , 42%), industrial (-1.20%) and oil (-0.54%). In Asia, Chinese exchanges are closed today, but the Tokyo stock exchange Nikkei index fell 2.03%. Just as concerns about the impact on the world economy of the virus continues to drop, the price of oil, today with Brent below 60 dollars a barrel: 59.56, 6 dollars less than a week ago (- 9 percent). Still the most classic of the safe-haven goods, gold (+ 0.40%), rises to 1,577 dollars an ounce. In the last week it has risen by 1.30 percent, in the last year by 21 percent. Among the titles in Piazza Affari, the best performances for Banco Bpm, Poste Italiane, Unicredit, Ubi Banca and Intesa Sanpaolo. Major declines for CNH Industrial, StMicroelectronics, Moncler and Salvatore Ferragamo.
