Stock exchanges do not fear contagion Ten-year BTP returns to below 1%

2020-01-29T13:34:40.536Z

The decrease in new infections from Coronavirus cheers up the markets. We are now looking at the Federal Reserve, the US central bank that will meet tomorrow. The figure on consumer confidence, higher than expected in Italy and Germany, helps the European price lists. Milan rises by 0.57% and is still the best today. Growth in London, Frankfurt and Paris is also under half a percentage point. On the list of Piazza Affari, industrialists such as Leonardo (+ 2.12%) and Pirelli (+ 2.21%) are doing well. Good news comes from government bonds. After the auction of half-yearly Bots which saw already negative returns fall, the spread drops to 135 points with the 10-year BTP at 0.99%, the lowest since last October. On the currency market, the decline of the Euro against the Dollar continues with the exchange rate below 1.10.