positive session for Milan Stock Exchange and other European stock markets, after the speech of Fed Chairman Janet Yellen on rates and filing down of the US GDP for the 2nd quarter. In his long-awaited speech in Jackson Hole, where yesterday kicked off the international summit, number one on the US central bank acknowledged economic improvements in the country, admitting that the possibility of a rise in the cost of money is “strengthening” . “The economic outlook is uncertain,” he pointed out, however, the Fed chairman, specifying that “US monetary policy is not on a predetermined path.” Unchanged the spread, which is positioned to 119 basis points, with the yield of ten-year BTP which amounted to 1.10%.
Among the markets of the Old Continent, moderately positive day for Frankfurt, rising to a fractional + 0.55%, sitting without momentum for London, reflecting a moderate increase of 0.31%, good performance for Paris, growing 0.80%. Salt the Milan stock exchange, which brings home a 0.80% gain on the index FTSE MIB.
In Milan, stand Yoox (+ 2.24%), Eni (+ 1.95% ), Saipem (+ 1.79%) and Intesa Sanpaolo (+ 1.67%). The strongest sales, however, have hit on Banco Popolare, which has ended the trading day with a -1.19%. Under pressure Assicurazioni Generali, with a fall of 1.06%. Mediaset down -0.49%, which continues the battle with Vivendi. Fractional ascent of Fiat Chrysler + 0.49%, waiting for news on the deal with Samsung to Magneti Marelli. Male Rai Way, which closed with a -1.93%. Suffers Inwit, which shows a 1.65% loss.
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