From Australia to the United States, via Japan, central banks give the stock exchanges a boost and European stock markets go into orbit, putting worries about a possible second wave of the Covid-19 pandemic (temporarily) behind them.
Queen of Europe it is indeed Milano, the only Stock Exchange that yesterday managed to close positively and that in mid-afternoon even gained 4,36%, putting 20 thousand points in its sights again. Substantial increases also for the other price lists: Madrid (+3,77%. Paris (+3,29%) In great dust Frankfurt (+3,55%) after the recovery of the Zew index which in June stood out at an altitude of 63,4 points from 51 in May, but above all from 28,2 points in April. Well too London (+3,4%), which rises despite the difficulties over Brexit and after the substantially stable data on unemployment (+3,9% in the three months to April, up by 0,1%).
Across the ocean Wall Street rocket opens with the Dow Jones up more than 3%, while the S&P 500 and the Nasdaq mark +2,6% and +2,1% respectively. Waiting for the speech that the president of the Federal Reserve, Jerome Powell, will deliver in front of the Senate Banking Committee, but in the meantime the US price lists have been supported by the data on retail sales, which in May recorded an increase of 17,7%, clearly beating the consensus (+7,7%).
Returning to Milan, he stands at the top of the Ftse Mib Bpm bank which with an increase of 9,44% leads the rally of the banks. They run as fast as they can too Bper (+ 8%), Unicredit (+ 7,79%) and Intesa Sanpaolo (+ 6,55%).
Among the best Blue Chip there is also Buzzi Unicem which just over two hours after the closure of the markets gains 8,67% driven by the maxi plans for infrastructures under study in the United States (for 1.000 billion dollars) and in Italy (for works for 200 billion euros). Telecom Italia is also in the lead (+8,6%) pushing up the telecommunications sector index, which with its +6,2% rises to 9.802,68 points. Among the utilities, the eyes are on Enel (+3,59%), after the confirmation of the non-binding offer presented by Macquarie to acquire 50% of Open Fiber.
Moving on to bonds, the spread fell sharply to 177 points (-3,8%).
