The markets like the 12 billion Tsipras plan, which now more than ever believe in the last-minute deal between Athens and Brussels. After yesterday's rises, today the main European stock exchanges still open sharply: the best is Frankfurt (+ 2,1%), followed by Paris (2,3%), Milano e Madrid (+ 1,9%).
In the first place, the securities of banks and asset management are driving Piazza Affari: at the head of the Ftse Mib travel Intesa Sanpaolo (+ 3,36%), Montepaschi (+ 3,27%), Unicredit (+ 3,06%), Azimuth (+ 3,00%) and Mediolanum (+ 2,96%).
On the government bond front, it collapsed at the start of the session the BTP-Bund spread, which reaches 123, after closing yesterday at 144 basis points. In sharp decline also the yield on Italian ten-year bonds which opens at 2,06%, against the 2,17% of yesterday's closing.
Meanwhile, in Asia, the Chinese rebound continues. Thanks to the anti-speculation measures launched by the Beijing government to curb the collapse of recent weeks (after the peak of 12 June, the main Chinese index lost 20% in 30 days), today the Shanghai Stock Exchange it closed up for the second consecutive session (+4,54%). However, these are earnings conditioned by the outside, so it is not certain that the damage caused by the bursting of the speculative bubble is over.
La Tokyo Stock Exchange, however, closed down: the Nikkei, the index of 225 leading stocks, lost 0,38%, falling to 19.779,83 points.
