Monday, June 1, 2015

Fears for Greece, Bags turn red. BTP-Bund spread rose to … – Il Sole 24 Ore

History Article

Close

This article was published June 1, 2015 at 9:27.
The last change is the June 1, 2015 at 14:08.

Stock market recovery in mid-session, with the indexes that come back positive after scoring up to a fall of 0.4%, affected by disappointing data on the index of the Eurozone manufacturing PMI in May and concerns over Greece. It is about whether Athens and its creditors fail to reach an agreement on reforms, after the conference call last night from Athens, Berlin and Paris.

The FTSE MIB gain 0.12%, the All Share + 0.10%. Well Fiat Chrysler (+ 1.1%), waiting for data on registrations that will be disclosed to the markets closed. The group also rises CNH (+ 1.3%). A2A for energy increases (+ 2.4%), Enel (+ 0.6%) and Saipem (+ 0.7%). Move cements, with Italcementi and Buzzi + 1.6% + 3.2%, promoted by analysts on the day of the launch of the merger between Holcim and Lafarge. Banks and financial ups and in general, with General -1.1%, Intesa + 0.9%, -1.2% Bper. On the rest of the list Campari well (+ 2.8%) and DiaSorin (+ 2.6%), Lazio + 4.6% after qualifying for the preliminary round of the Champions League.

Buzzi Unicem best among the blue chips
Among the individual adjustment titles, at the Milan Stock Buzzi Unicem is the best among the blue chips, according to the press when the company aims to become an aggregator of cement in Italy. Even today purchases of A2A, with most of the bank recovery, as Intesa Sanpaolo. Among financials, Azimut well, after the number one Giuliani in an interview with La Stampa said that “will become a multinational asset management”, pointing to Latin America “between Chile, Peru and Colombia,” not to mention Italy , where they are “interested in risiko of popular.” Trade with minus sign Mps, and BPER, which had been among the best in its meeting last Friday. Among others, leap Visibilia Publisher (+ 12.82% to 0.4287 euro), with purchases that reward even the SS Lazio (+ 10.08% at 0.77 euro), the day after the end of the season by winning the third place and a placement for qualifying of the Champions leauge.

Spread BTP-Bund rises to a height of 145 basis points
The spread between BTP and Bund squirts over 140 basis points, to 145, with the performance of 10-year Treasury rising to 1.93%, while the rate of the Bund is down to 0.49% after the PMI index data and waiting for news on Greece. The gap between the titles of Spain and Germany expands to 140 basis points.

Euro-Dollar exchange
On the exchange rate front, the euro changed hands at $ 1.0942 (1.0976 Friday in closing), and 135, 81 yen (136.13 yen), with the greenback worth 124.137 yen (124.04). WTI oil lost 0.68% to $ 59.89 per barrel.

Index SMEs: Italian for best score since 2011
The PMI index of manufacturing ‘Eurozone marked a slight rise to 52.2 points in May from 52 in April. The PMI manufacturing Italy jumped to 54.8 in May from 53.8 in April, the highest level since April 2011. The figure – detected by Adaci and Markit Economics – exceeds market expectations for an increase to 53 , 6. The index for the fourth consecutive month above the 50 mark, dividing threshold between expansion and contraction cycle. Another positive figure was French, the highest since 12 months.

Index SMEs: setback in Germany
Trend opposite is in Germany, where the ‘ manufacturing PMI drops to 51.1 in May from 52.1 in April. The German manufacturing sector, according to Markit, trudging seems: the data indicate an improvement of working conditions of the producers, but the growth in orders was the weakest of 2015. “



Permalink

LikeTweet

No comments:

Post a Comment