Le European stock exchanges opened higher in reaction to Donald Trump's victory in the US presidential election. Investors are confident in the tax cuts promised by the Republican candidate. European stock markets accelerate their increases, with the exception of Madrid (-0,65%) and US futures also predict a rise on Wall Street.
A Paris The Cac40 jumps 2%, Frankfurt the Dax by 1,6%, to London the Ftse100 by 1,5%. The Paris stock market is in evidence luxury with Kering (+4,55%), Louis Vitton (+3,27%) and Essilux (+3,35%).
Well there too defense, from Dassault (+2,32%) and Capgemini (+2,1%). Due to the accounts, Credit Agricole leaves 4,09% on the ground.
Stable the difference between the two is 124,8 points BTP and Bund German 4,3-year bonds, with the Italian annual yield down 3,62 points to 4,6% and the German one down 2,37 points to 12,3%, here is the trend of the spread in real time. The US yield rises 4,39 points to XNUMX%.
All Piazza Affari accelerates. Eyes on Tenaris and Leonardo
Piazza Affari also accelerates its rise after Trump. The Ftse Mib, about an hour after the start of trading, rises by 1,3% to 34.900 points. Among the main stocks on Piazza Affari, Tenaris (+5,5%), Cucinelli (+4,1%), Leonardo (+3,9%) and Diasorin (+3,8%) are running, here is the trend of the list. Well set Unicredit, which shows an increase of 2,99%, but not because of Trump but in reaction to the publication of record profits in the nine months and in the third quarter. The guidance for the full year was also raised to over 9 billion euros.
Dollar and Bitcoin Strengthen. China Struggles. Crude Oil Drops
Instead, they forgive the Chinese bags for fear of duties while Tokyo benefited from the further weakening of the yen against the dollar. The greenback instead shot up against most currencies starting with the euro: the exchange rate of the European currency fell by 1,8% to 1.0732 dollars. In addition, the expected softer rules promised by Trump on crypto world have taken Bitcoin to a new high of $75.000, up 10%.
On the other hand, the decline Petroleum also because Trump wants to increase US production: West Texas Intermediate (WTI) marks a drop of 1,1% to 71,18 dollars a barrel and Brent from the North Sea of 1,1% to 74,69 dollars.
