The unsettled moods on Wall Street and the new fears for Greece are causing European stock markets to drift. Stock exchanges manage to regain share closing in positive territory: the Ftse Mib rises by 0,8%, Paris by 0,57%, London +0,54% and Frankfurt +0,29%. Today, Germany has placed 3,4 billion 5-year bonds obtaining a negative rate of 0,10%. On the 10-year maturity, the Bund reached a new all-time low of 0,15%. The Btp-bund spread closed down at 106,7 basis points.
In the morning, the European lists had recorded a tonic performance with gains of more than 1% in the wake of the confidence indicators for the Eurozone and for the individual countries which recorded widespread increases. However, fears about a possible Greek default weighed on the markets. A member of the Tsipras cabinet told Germany's Der Spiegel that if Athens does not receive international funding in the coming days it will not be able to pay the 450 million euro tranche to the International Monetary Fund due on April 9. A beginning of a possible default.
At the same time overseas, macroeconomic data disappointed. Manufacturing growth is at its lowest in 22 months: the manufacturing ISM dropped to 51,5 points in March, below expectations of 52,5 points. The Adp data on new jobs stopped at 189 units below the 225 expectations. Better than expected, however, the PMI manufacturing index which rose to 55,7 points from 55,1 points in February, the best level in the last five months. In line with expectations, spending on construction which experienced a decline of 0,1% in February.
On Wall Street, the Dow Jones dropped 0,56% and the S&P 0,47%. GoDaddy Rallyes to Debut +31%, Leading Internet Domain Registry Services Company. Oil rebounds +3,21% to 49,13 dollars per barrel and the euro-dollar exchange rate rises by 0,36% to 1,077. In Piazza Affari, Yoox stands out from everyone else and continues the rally with a rise of 9,48% again in the wake of the merger with the luxury e-commerce giant of the Richement group. Campari +3,77%, Mediaset +3,62% and Enel +3,09% also confirmed the good performance in the morning. Gtech does not give up its place at the bottom of the Ftse Mib on the penultimate day of listing. Tomorrow will be the last day in Piazza Affari for the former Lottomatica which, after the integration with International Game Technology, will become IGT and be listed on the NYSE. Bper -1,41%, Stm -1,27% and Buzzi Unicem -1,15% also down among the worst
