Share

by Chiara Rancati

02 November 2021Contrast also at the end of the European indices.

In Milan, the Ftse Mib just below par, at -0.06%;

there was a moderate rise in Paris, more clearly in Frankfurt with + 0.94%.

Among stocks, the difficult moment continues for Telecom Italia, which closed down 1.29%.

Overall, in one week it lost almost 9% due to the shocks linked to the reorganization request from Vivendi's French shareholders.



While Wall Street accelerates slightly, with the Dow Jones climbing 0.38% and returning above the record threshold of 36,000 points.

However, traders remain cautious awaiting tomorrow's meeting of the Federal Reserve's monetary policy committee, from which they expect sharper stances than those of the European Central Bank, which many consider too timid in reacting to the flare-up of inflation.



On the government bond front, the spread between BTPs and German Bunds folded further at the end, to 121 basis points.

Yield of the Italian 10-year down by more than a tenth of a percentage point to 1.09%.