Le European stock exchanges bounce back after black tuesday: Frankfurt leads the recovery after the new German government's proposed spending plans, starting with those for Defense, also by significantly increasing the debt, Recovers Milan (+2,08) which returns above 38 thousand points. They also rise Paris e Madrid both on the rise, with London more cautious. Calm down Moscow. Bad Amsterdam down with the gas. The waters overseas are more agitated: after an opening above parity Wall Street is turning downwards.
READ MORE Stocks rebound after hint of US compromise on tariffs
In a very volatile climate, the rise in bond yields remains strong government bonds Europeans led by German ones, with the rates on 10-year German Bunds rising by 18 basis points to 2,69%, while Italian bonds with the same maturity rose by eleven basis points to 3,74% and the spread which fluctuates around 106. Also presented is the new EU plan to relaunch the auto sector.
THEeuro is growing against the dollar (above 1,06), calm gas, weak the Petroleum.
In this context, a Business Square run Buzzi (+ 16,3%), followed by Prysmian (after maxi agreement in Norway) and stm. Good too DEFENSE (Iveco e Leonardo), goes back Stellantis after yesterday's slump, in line with European auto stocks. Also on the up Campari after i count above expectations, although there are some sore points.
Tonic banks: leading the sprint Unicredit (+7,42%), following rumours of a possible growth in Generali at a threshold close to 10%. Furthermore, second The messenger CEO Orcel is not in a hurry to launch an OPS on Banco bpm which in the meantime rises (after having obtained the go-ahead from the Bank of Italy to the takeover bid on Anima), Pop Sondrio, Ps e Bper. All utilities under pressure: they lose Snam, Terna, Italgas ed Hera.
READ MORE: The closing of the stock market
