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US bonds send stock markets into the red: in Milan on Stm, ko Saipem

The 3-year T-bond maintains a yield above 24% and sends the Stock Exchanges into crisis, except for the Nasdaq – Piazza Affari slips below the psychological threshold of 9 thousand basis points: leap forward for Stm but sharp decline for Saipem, Tenaris, Agnelli galaxy but also of Banca Mediolanum and Telecom Italia – Roma collapses (-XNUMX%) after the defeat in the Champions League

US bonds send stock markets into the red: in Milan on Stm, ko Saipem

price lists in red, XNUMX-year Treasuries over the 3% threshold and the dollar on the move: this is the picture of today's markets, with the European markets closing down. Business Square lose it Present in several = 0,97% and drops to 23.801 points.

Saipem, -3,8% is the worst blue chip even today. The Agnelli stable is bad: Fiat -3,04%; Cnh -2,78%. telecom, -2,73%, it deflates further, the day after theshareholders' meeting which approved the 2017 accounts and in view of the new meeting which will appoint the company's board on May 4th; Citigroup recommend to sell.

Weak financials, the worst is General Bank -2,24%. At the peak Rome, -9,94%, after heavy defeat yesterday against Liverpoolin the first leg of the Champions League semi-final. Among the big caps they make fractional gains campari, +0,49%; Post +0,43%; Enel +0,23%; Moncler + 0,22%.

Purchases are mainly focused on Stm, +2,92%, following the good quarterly and forecast for the coming months. The Italian-French company also stands out (+2,95%) on Cac 40. The Piazza di Paris it loses 0,57%, despite Kering (+4,61%) after the publication of the accounts for the first quarter of 2018 and the rebound in shares linked to the Breton financier Vincent Bollore, whose detention was extended after being accused of bribing foreign public officials, in a case linked to port concessions in Togo and Guinea. Vivendi +1,53%. Bad Michelin -3,83%.

In the rest of Europe: Frankfurt -1,02%; London -0,62%; Madrid -0,26%; Zurich -0,71%.

Wall Street proceeds uncertainly, held back above all by the yields of government bonds. Twitter, after the pre-market gains resulting from the quarterly, turns negative and is currently losing almost 3%. On the rise Comcast (+2,9%) which, in addition to reporting a quarter above expectations, announces that it has formalized aoffer of 22 billion pounds (12,5 per share) to buy Sky. Dusting Boeing (+2,4%) thanks to quarterly numbers.

To report that the Nasdaq it does not rule out becoming a platform for cryptocurrency exchange in the future. This was stated by the managing director of the group, Adena Friedman, according to whom the leap will take place when the market "is mature enough and regulated".

Il dollar prevails over the euro. The exchange rate between the single currency and the greenback fell to 1,218 (-0,38%), on the eve of the ECB meeting scheduled for tomorrow.

Oil, Brent, it dropped 0,5%, to 73,49 dollars a barrel, also following the unexpected increase in US weekly inventories. Gold €34,88 per gram (-0,24%).

The Italian secondary weakens, in a session with thin volumes for the holiday of April 25: the yield on the 10-year BTP rises to 1,79%; the spread with the Bund moved to 114.60 basis points.

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