Share

by Fabrizio Patti

09 February 2021 After six days of rises, the European stock markets seem to be taking a breath.

The Milan Ftse Mib index marks + 0.01%, after yesterday's plus one and a half percent.

Since the beginning of February, the increase is 8 percentage points.



In the rest of Europe, the trend is similar to Frankfurt (-0.18%).

Better London (unchanged) and Paris (+ 0.21%).



Yesterday the BTP / Bund spread fell by a couple of basis points again, to 94. Today at the opening it rose by two points, to 96, with a BTP yield of 0.52 percent.  



The international context is marked by optimism: yesterday the three main indices of Wall Street, Dow Jones, S&P 500 and Nasdaq reached all-time highs.

The American markets have been out for a week, the past one, in which positive quarterly data arrived from several large companies and above all better than expected numbers on the employment front.



Overnight in Asia there were increases especially in Shanghai (+ 2%), more contained in Tokyo (+ 0.4%) and Hong Kong (+ 0.3%).

Minus sign in Seoul (-0.2%).



A less desired effect for consumers of these recovery expectations is the increase in the price of oil: Brent is currently at $ 61 a barrel, approaching pre-pandemic levels when it was at $ 65 a barrel.


In Piazza Affari, greater increases for Diasorin (+ 2.19%) and Eni (+ 0.97%).

Greater declines for Unipol (-1%) and Buzzi Unicem (-1.31%).