Le European stock markets advance into positive territory, while the markets digest the latest data on the US labor market, which strengthen expectations of possible monetary easing by the Fed. In December, the unemployment rate fell to 4,4%, better than expected, but new job creation stalled at 50, well below analysts' estimates. The United States is also expecting the decision of the Supreme Court on some duties imposed by the Trump administration.
READ MORE Why tensions in Iran are pushing up oil prices
The Old Continent area index, the Stoxx 600, marks a quarter of a percentage point increase with the energy prices on the rise while the oil salt with the street riots in Iran and the tensions in VenezuelaEarnings for Frankfurt, Paris, London, negative Madrid, while Milan oscillates on parity with Amplifon e Stellantis that rise more than others. Among the worst Italgas e Post.
Lo spread between BTPs and Bunds, still at their lowest levels since 2008, is at 63,6 basis points. And the decline in yields is also confirmed, with the Italian ten-year bond at 3,49% while theFrench Oat is at 3,51% and the German ten-year is at 2,48%.
Among the metals, the rise is decisivesilver at 78 dollars an ounce. Good progress also from at $4.475 an ounce. Also among the raw materials, gas reaches 28 euros per megawatt hour. Finally, on the exchange rate front, theeuro is weak against the dollar.
