Milan travels around parity after a morning in the name of red. Business Square it reversed its losses and turned positive, driven by the banks, in the wake of the auction of three-year and 15-year BTPs. The Treasury has placed 3,42 billion of the fifth tranche of the three-year BTP May 2016, close to the maximum target of 3,5, with an average rate of 2,38%% against 1,92% last month. It then placed all 1,5 billion of the sixth tranche of the fifteen-year BTP in November 2018 with a yield of 4,67%, down by one cent compared to the previous auction. The Btp bund spread travels around 286 basis points after falling below 280 after the auction. The Ftse Mib rises by 0,06%. The other European stock exchanges continued the session in negative territory after the plunge in Asia which blamed the cut by the World Bank of its growth forecasts for 2013. Tokyo closed with a drop of 6,35%, Hong Kong of 2,19 ,0,74%. Paris -1,01%, London -1,44%, Frankfurt -XNUMX%.
Filed without much reaction the monthly bulletin of the ECB (which warns Italy of the risks of recovery and the need not to exceed 3% of the deficit/GDP), the markets are now looking at the data on retail sales and the requests for unemployment benefits in the USA, in view of the next meeting of the Fed on June 19.
In Piazza Affari highlighted Bpm +3,39%, Banco Popolare +2,79%, Mps +2,40%, Ubi +1,55%. Parmalat also did well +2,51%. At the bottom of the Ftse Mib Buzzi Unicem -4%, Salvatore Ferragamo -2,66%, Atlantia -2,15%, Stm -2,77% e Luxottica -1,71%.
Telecom it rises from the lows +1,48% thanks to a report by Deutsche Bank in favor of the unbundling of the network. Rcs, after being auctioned off, rises by 12% on the day of the board meeting which is expected to approve the conditions of the capital increase.
