European stock markets up sharply

2020-07-06T10:58:33.103Z

The rise of European stock exchanges continues in the wake of Asian ones. Wall Street futures are also positive as they reopen after the Independence Day party. Markets seem to be leaving fears of contagion growth in the background. The purchases are supported by the massive liquidity introduced by central banks to support the recovery. Milan close to the maximum of session is gaining 1.80% and London, Frankfurt and Paris move in the same vein. On the list of Piazza Affari stand out industrial and banking with Leonardo at + 4.41% and Unicredit at + 3.92%. Also in the spotlight Intesa San Paolo (+ 2.99%) and Ubi Banca (+ 2.44%) on the first day of the Ops. On the government securities market, the spread with the German Bunds is down to 165 basis points, with the yield of the 10-year BTP at 1.22%. It should be noted that in the first few hours of subscription the BTP Futura raised one billion euros.