Uncertain European stock exchanges. Eyes on the Fed

2021-06-12T03:37:43.968Z

The question facing the markets is: is the flare-up of inflation in the US really transitory? Reassuring messages from European and US central banks have kept investors quiet so far. Now look at the Federal Reserve meeting next week to see if the 5% price growth in May will really not shift the hitherto accommodative and market-pleasing policy. After yesterday's new historical record of the S & P500 on Wall Street, the start in Europe is decidedly more uncertain. Milan is flat (+ 0.09%), in line with London and Paris, while Frankfurt is just below par (-0.10%). The major stocks on the Milanese list did not move much with Diasorin (+ 2.82%) and Cnh Industrial (-1.03%) better and worse at the opening. Good news from government bonds.The decline in ten-year BTP yields continues, today at 0.77%, while the distance with the German Bund remains stable at 104 basis points.