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Wall Street opens positive, the spread drops

The renewed optimism on the Greek agreement and the news on the increase in employment also give breathing space to the US markets, which open in positive territory – Btp-Bund Spread drops to around 140 points.

Wall Street opens positive, the spread drops

The European stock exchanges are breathing, with Piazza Affari gaining more than 15% around 2,6 pm, and the US stock exchange also opens in positive territory, in the wake of the renewed general market optimism for the Greek agreement and after the excellent data published by the private agency Adp on the US labor market: in June, the number of employees in the private sector increased by 237 thousand (better than expected). The Dow Jones index opens by immediately gaining one percentage point.

Good news also on the interest rate front: the yield of the Italian 2,25-year BTP falls to XNUMX% at the beginning of the afternoon, and the Btp-Bund spread, which started from 155 points at yesterday's close, manages to reduce to less than 140, only to stabilize at 15,30 at around 141 points. 

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