Mercoledì, 19 Settembre 2018

Milan, other European markets stagnant in Tuesday's trading


Milan, June 18 - Milan's leading financial market,
like many of its European counterparts, showed little movement
on Tuesday as investors seemed hesitant to commit.
The FTSE MIB recorded a very small gain of just 0.02% to
close at 16,197 points - essentially unchanged from one day
Investors remained on the sidelines, watching to see what
signals will come from the United States Federal Reserve on the
future of its massive asset-buying program.
Some have been concerned that the American central bank,
which began a two-day meeting on Tuesday, is considering
suspending the program that has injected huge amounts of
liquidity into the economic system.
Meanwhile, the spread between Italy's 10-year bond and its
German counterpart closed at 272 basis points, essentially
unchanged from the previous day, while the yield on Italian
10-year paper also remained stable, closing at 4.28%.
The spread between lending rates in the two countries is
seen as an indication of investor faith in the Italian economy
and its ability to cope with a lingering recession.
On other European markets, Frankfurt's DAX edged up by
0.17%, closing at 8,229.51 points, Paris's CAC 40 slid lower by
0.08%, closing at 3,860.55 points, Spain's IBEX 35 gained 0.54%
to close at 8,180.20 points, and London's FTSE 100 rose by 0.69%
to end trading at 6,374.21.

© Riproduzione riservata

* Campi obbligatori

Immagine non superiore a 5Mb (Formati permessi: JPG, JPEG, PNG)
Video non superiore a 10Mb (Formati permessi: MP4, MOV, M4V)


Accedi con il tuo account Facebook

Login con

Login con Facebook