There is still uncertainty in the Easter egg and before the holiday break the European lists close a volatile and conditioned session mixed, in the afternoon, from theups and downs on Wall Street. Milan -0,2%; Frankfurt +0,54%; Paris +0,31%; Madrid +0,31%; London -0,11%; Zurich -0,17%. A series of macroeconomic data in chiaroscuro are the background: in China loans reach a record in the first quarter; in the eurozone the manufacturing PMI disappoints and in the US the services sector slows significantly in April, while retail sales in March fly to the top of September 2017.
Developments are also expected in the trade talks between the US and China, while the Wall Street Journal writes that the two countries have set a provisional timeline for a new round of negotiations in view of a possible agreement signing ceremony in late May or early June . The euro falls against the dollar to 1,124.
Piazza Affari loses 22 thousand shares and returns 21.951 points. Trading revived a bit during the day, with the improvement in Bank of Italy's economic estimates. The recession appears to be behind us thanks to a modest 0,1% increase in GDP between January and March. Industrial production is expected to grow both in the first quarter and in March.
The profit taking on some large banks, such as Unicredit -1,69% weighs on the main list. Instead, Bper did well, +0,97%. Juventus, -4,14%, is back in the black jersey, after yesterday's collapse following the defeat against Ajax and the exit from the Champions League. Down Finecobank, -1,86%, following recent gains and following the fact that Deutsche Bank lowered the recommendation to hold. Amplifon loses 2,16%. Telecom -1,53%, despite the new information in the press on the possible single national telephone network.
First in class is Buzzi, +2,52%, who repays a 220 million bond without issuing shares. Ferrari's prancing horse is still on the run, +1,82%. Prysmian, +1,81%, improves yesterday's performance. Outside the Ftse Mib Mediaset rises by 3,6%, despite tensions with partner Vivendi. In addition to the exclusion from the vote in today's meeting, the French will not have a role in the Biscione project to create a pan-European generalist TV broadcaster.
Bonds were slightly positive, in a session with thin and pre-holiday volumes: the yield on the Italian 2,59-year bond fell to 256.30%, even if the spread with the German 0,75-year bond rose to 24 basis points (+XNUMX%). The Treasury will shortly announce the details of the auction of indexed Ctz and Btp scheduled for Wednesday XNUMX April. Little moved oil and gold.
