MILAN – Hours 10:20. Markets remain at the window of Greece. On the night have chased rumors of an agreement between Athens and creditors, but if the Greek premier, Alexis Tsipras, said “we’re almost there,” from Brussels comes a note of caution: “We have not yet.” The agreement, however, seems closer with the government ready to sign a pact that will include a reform of VAT, an investment package and un’alleggerimento debt in the long run, but no measure recessive. A curb, for the moment, that is still the IMF by June must collect 1.6 billion of loans maturing by Greece.
On the sidelines of the G7 in the course in Dresden, Germany just the general director of the International Monetary Fund, Christine Lagarde , says; “On Greece things have moved, but there is still much work to do. We are working for a solution and I would not say that we have not reached substantial results”. Meanwhile, the German Finance Minister Wolfgang Schäuble continues to play the part of the Hawk: “Athens is no longer competitive, no discounts on the debt. The country can not stay in the euro without the reforms”.
Investors, however, and we believe the ‘ € is rising to $ 1.0936 against 1.0914 the day before and 1.0905 mark yesterday after the close of Wall Street. Against the yen the euro changed hands at $ 135.30 (currencies). The spread is stable at 145 basis points area with Italian BTPs which make 1.87%. Milan Stock Exchange after the rally on the eve retraces and yields 0.2% as London, Paris and moves back of 0.7% and Frankfurt 0.6%.
On the macro attention that Istat has published data on consumer and business confidence for May: the first is stable in May, the second down. From Britain comes the trend in GDP in the first quarter 2015, while for the Eurozone is the day the index of consumer confidence in the United States and requests for weekly unemployment benefits. The ECB also has the agenda Tltro auction, the Treasury debt auction in the medium and long term (the agenda of the markets).
In the morning, the Tokyo Stock Exchange closed up for the tenth consecutive session, completing a series that is not realized by 1988. The Nikkei index ended the trading day with an advance of 0.39% to 20,551.46 points. In February 1988, the consecutive positive sessions were 13. A support purchases are retail sales in April which rose by 5% trend, the first positive result in four months (in March the decline was the 9.7%): pushing the index upward were purchases of automobiles and electronics. At economic level, that is, compared to the previous month, there was a more modest increase in sales of 0.4 percent.
Last night Wall Street has filed a session rise in the Nasdaq which has scored a new record: catching up with the sell-off the day before, the lists have drawn inspiration from the encouraging comments about a possible deal between Greece and its creditors. For once, then, Europe has been the driving force of the US. The Dow Jones rose 121.45 points, or 0.67%, to 18,162.99; the S & amp; P 500 rose by 19.28 points, or 0.92%, to 2,123.48, while the Nasdaq added 73.84 points, 1.47%, to 5106.59.
Among the raw material prices of oil are up to $ 57.87 per barrel WTI and $ 62.66 for Brent. The ‘gold is a stable
$ 1,188.42 an ounce, ranking just above the values of the vigil ($ 1,188.09).
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