Domenica, 21 Ottobre 2018
MILAN

European markets rise on positive US jobless claims data

English
© ANSA

Milan, August 29 - Markets advanced across Europe
on Thursday, paced by Milan's FTSE MIB index which gained 1% to
16,905 points, as fresh data from the US showed the economy
expanded more than expected by analysts and as jobless claims in
the world's largest economy beat forecasts.
Italian consumer confidence rose it its highest levels
since 2011, according to data released on Thursday by national
statistics office Istat. It scored 98.3, a level last seen in
August 2011, and compares to 97.4 points in July.
The yield spread between 10-year Italian bonds and the
German benchmark equivalent, as investor concern about the
ongoing debt crisis was pared by the possibility of concrete
action by the region's political leaders in conjunction with the
European Central Bank.
The spread, a barometer of Italy's borrowing costs in the
eurozone crisis, closed at 251 points with 10-year yields at
4.4%.
The Frankfurt Dax bourse closed up 0.5% to 8,194, while
the Paris Cac 40 Index advanced 0.7% to 3,986 points.
Madrid's Ibex index gained 0.4% to 8,432 points. London's
Ftse-100 stock market gained 0.8% to 6,483 points.

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