Business Square is the worst, -0,73% (21.128 points), despite the good performance of construction-related stocks, but the other European lists also closed weakly: Frankfurt -0,37%; Madrid -0,36%; Paris -0,13%. Flat London, +0,08%. The mood is similar to Wall Street, which is trading fractionally lower as we wait to hear from Federal Reserve Chairman Jerome Powell. The markets are wary, due to the US-Iran tensions, with tones rising in the last few hours and in view of the summit meeting on duties on the sidelines of the G20 in Osaka. Equities lose, while defensives rise: gold, yen, German and American government bonds. However, Donald Trump looks at the almost entirely full glass and celebrates one of the best months of June in history for the US indices, tweeting "Thank you Mr. President!".
THEeuro dollar it is little moved, in area 1,138. the rush togold it never stops and moves around 1431,45 dollars an ounce, after having reached a six-year high.
Up the petrolium: Brent +0,74%, 65,34 dollars a barrel; Wti crude +0,29%, $58,07.
Lo spread between Italian and German ten-year bonds it widens to 249.2 basis points, with the yield on the 10-year BTP stable at 2,16%. German securities attract purchases and according to the BofA their yield is destined to fall further and reach -0,40% by the end of the year. The expectation of increasingly expansive measures by the ECB and the growing risks for the euro area, it is argued, will increase purchases of German bonds.
In any case, this morning the Italian Treasury placed the maximum amount offered of 3,25 billion euros at the Ctz and BtpEi auction with the Ctz rate at its lowest since March at -0,431%.
In Piazza Affari most of the blue chips stop with the minus sign in front, starting from Campari -2,88%. Among the banks they are especially negative Bper -2,29%; Unicredit -1,74%; Ubi -1,83%, which reiterates that it is not involved in the rescue of Carige. It suffers among the oil companies Saipem -2,07%. Bad nexi, -2,07%, following the debut on the Ftse Mib; Juventus -1,93%; Moncler -1,82%; fca -1,69%. On the main list there are only four positive titles: Buzzi, +1,44%; Recordati +1,33%; Prysmian +0,77%; Leonardo +0,22%. Among the minor titles Cleansing, +8,22%, owner of the Santa Giulia area where the Milanese Arena will be built, toasts the assignment to Milan and Cortina of the 2026 Olympics.
