The European markets traveling upward, while in Milan the FTSE MIB gain 0.62%. The pan-European Euro Stoxx index gained 0.33%, Paris advancing 0.16%, while Frankfurt is advancing 0.69%. Traveling in London only negative (-0.36%), while it is upside Zurich (+ 1.43%). In Athens, the FTSE / ASE yields 5.67%. Among the titles featured in Milan Stm (+ 4.12%), WDF (+ 3.77%), Tod’s (+ 3.48%) and Yoox (+ 2.90%). Fca salt of 2.61%. Lag behind Pirelli (-1.18%) and Bper (-1.04%).
opening in negative territory for Wall Street . The Dow Jones lost 0.10% to 17657.35 points, the Nasdaq yields 0.15% to 4750.74 points while the S & amp; P 500 leaves on the ground 0.1% to 2,049 points.
Bags indifferent, tension on the bond
Alfonso Blacks
The markets had widely expected the election result and the failure to achieve the absolute majority deprives SYRIZA part of bargaining power with Europe: This is the first verdict of Bags greek after the vote, with all the other main parties but weak at midday already traced around the parity. Athens also does not collapse: after an initial decline in up to 5%, the stock market has gradually recovered greek. The climate is uncertain but towards the halfway point of the first session after the fall election is between one and two percentage points. Nothing dramatic, and the agreement announced between Tsipras and the Party of Independent Greeks (Anel), which will soon form a new government, has facilitated the comeback.
On Greece remains a strong nervousness : Greek government bonds are falling (the yield on ten-year high already over 8% is going up by 40 basis points) and the Stock Exchange to pay the price are obviously banks: Piraeus gives 10%, Eurobank 7% Alpha 6% and the National Bank of Greece 5%. In upward instead some industry groups such as the Public Power Corporation, whose title grew by 3%. The government led by Syriza “will be less radical than the headlines suggest,” with the situation should calm down “after a volatile month or two,” say analysts at Unicredit who judge the moves of the ECB on quantitative easing can “dampen the risk of a sudden outbreak of the spread in the suburbs.”
In fact, on government bonds of all other European countries the situation is absolutely quiet and bags in the morning they watched Ifo index above that measures the German business confidence, rose more than expected in January, marking a third consecutive month of growth. Pending the negotiations between Athens and the troika EU-ECB-IMF, with Germany now seems to lead the European attitude, what most worries the markets is instead the Russian situation, ‘strangled’ between Ukrainian crisis, and Western sanctions collapse in the price of all energy products, with the hypothesis of a lower rate that is further weakening the ruble. Yields on government bonds Russians are up by more than 20 basis points and the Moscow Stock Exchange lost almost 3%.
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