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The US T-Bond enters the risk zone and holds back the Stock Exchanges

The 3-year US T-Bond enters the danger zone by fluctuating around a rate of 24%, which is the psychological threshold beyond which the financial markets and in particular the Stock Exchanges enter into fibrillation - And suddenly the stock lists retrace but Piazza Business defends 114 quota, resisting better than the other stock exchanges - Rebound by Ferragamo, Moncler, Italgas and Pirelli - Saipem and Telecom Italia down - The Btp-Bund spread falls to 2 bps, at its lowest for XNUMX years - Technologists in deep red on the Nasdaq

The US T-Bond enters the risk zone and holds back the Stock Exchanges

Business Square accelerates again today in the finale and closes over 24 thousand points, +0,22%, 24.035, while on the secondary side the yield of the 10-year BTP drops, 1,77%, and the spread with the Bund, -2,82%, 113.60 points, at a two-year low, in correspondence with openings of the Democratic Party to dialogue for a government with the Five Stars.

The other stock markets lacked direction, influenced by the many news of the day, among which the US ten-year yield (T-Bond) stands out in the 3% area, which penalizes the share market and signals the probable rise in American inflation, as well as an increase in the debt offer from Washington. Also noteworthy is the arrested in France by Vincent Bolloré for alleged irregularities in Africa, which weighs on French companies (Bolloré -0,6% Vivendi -0,6%) but also up Telecom (-2,37%) on the day of the meeting e Mediaset (-1,18%) and the drop in confidence among German and Italian businesses in April, as a further sign of the cooling of the economy in the Eurozone.

London, +0,36%; Paris +0,1%; Frankfurt, -0,17; Madrid -0,39%; Zurich -0,04%.

Wall Street opens higher, supported by stocks such as Caterpillar, Verizon, Coca Cola, Harley-Davidson after the presentation of quarterly better than expected. However, the lists gradually lose share during the exchanges and are currently trading downwards. Sharp decline for Nasdaq, weighed down by declines in Tech stocks, down Google -4,3% after the accounts. On the day of Emmanuel Macron's visit to the White House, US President Donald Trump defines the nuclear deal with Iran "a disaster".

Without compass the Petroleum, Brent $74,67 a barrel (-0,05%). Gold €34,95 per gram (+0,14%). The euro-dollar exchange rate is little moved, around 1,22.

In Piazza Affari the best blue chips are Ferragamo +3,93%; Moncler +2,18%; Italgas +1,96%; Pirelli +1,64%; Ferrari + 1,38%.

Sales crash up Saipem, -2,89%, in the wake of the red for the quarter.

Bad Telecom. Among the decisions of the meeting, the appointment of the CEO, Amos Genish, as a director with almost 98% of the capital present. Vivendi also obtains a majority equal to 75,3% of the share capital present for its list for the appointment of the board of statutory auditors. The minority list presented by the funds obtained 7,4%, abstentions amounted to 17,2%. With a majority of more than 50%, the shareholders appoint Roberto Capone as chairman, the current member of the board and representative of the minority list.

In decline Bper, -1,82%, perhaps due to fears of a capital increase due to the reduction of npls.

Down Leonardo -1,5%.

Out of the main basket Mediolanum it yields 1,36% afterwards the disputes of the Gdf on Ireland. Ima +4,23%, celebrating the acquisition of Tmc, announced yesterday after the markets were closed.

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