Share
by Fabrizio Patti
09 April 2021 Weak start for European stock exchanges: Milan + 0.26%, London and Frankfurt -0.2%.
The data on industrial production in Germany also weighs.
In February the decline was greater than expected: -1.6% compared to January;
the consensus of the analysts was one and a half percent growth.
A negative sign also in Shanghai (-0.9%) and Hong Kong (-1.2%) during the night: in that case due to the above-expected increase in producer prices of companies: + 4.4% in March.
This makes investors think that the Chinese central bank may reduce monetary stimulus in order to cool the rise in prices.
Wall Street will instead restart today from the historical record reached yesterday by the S&P 500 index. Yesterday the Fed, the American central bank, also with its governor Jerome Powell reassured that its policy will remain expansionary until there are more robust signals on the facing employment and inflation.
And yesterday the signs on employment were weak, as weekly requests for unemployment benefits started to rise again, against expectations.
In Piazza Affari spotlight on Atlantia: yesterday + 3% after the offer for Autostrade per l'Italia from the Spanish entrepreneur Florentino Perez, president of the company Acs (A SE ESE), and is also known for the president of Real Madrid, up to to one billion more than that of Cassa Depositi e Prestiti.
Today the stock of Atlantia marks + 1.84%.
Among the other stocks, higher rises for Cnh Industrial (+ 1.75%) and Buzzi Unicem (+ 1.44%).
Greater reductions for Snam (-0.8%) and Inwit (-1.16%).