Bags rise, Europe expects the ECB Mediobanca flies after the offer of the old man

2020-06-01T08:06:08.094Z

The week began in Asia with sharp rises in stock market indices: + 3.45% for the Hong Kong Hang Seng, + 2.20% for the Shanghai one, + 3.28% for Shenzhen. Tokyo also rose, + 0.81%. According to some analysts, the rise could be linked to the fact that US President Trump did not indicate specific sanctions against China last Friday after Beijing's decision to move forward on the imposition of national security law in the former British colony. But the positive data coming from the Chinese manufacture also have something to do with it. The PMI Caixin index rose to above 50 in May (50.7, from 49.4 in April) and this indicates a return to growth. In Europe, the Ftse Mib index + 1.4%, London + 1.4%, Paris + 1.5 $, Frankfurt is closed on public holidays. Mediobanca featured securities, + 11%. Confirmation arrived this morning, after the rumors of the past few days: Delfin, the holding company headed by the Del Vecchio family, has filed the application with Bankitalia to go up to 20% of Mediobanca. Spread down, 192 basis points from 196 on last Friday. Thursday 4 June the ECB will meet and, according to analysts' expectations, the purchases of securities of the emergency plan against the pandemic could increase between 500 and 700 billion euros.