European stock markets open positively with Wall Street, BTP-Bund spread decreasing

The European stock markets confirm the positive trend with the start of Wall Street, while on the market bets on a rate increase already this month are reduced with signs of improvement in inflationary pressures.

In this context, government bond yields are falling. The Italian 10-year bond drops by 5 basis points to 4.16 and the same goes for the French Oat at 4.2%. The Bund is at 3.34%. The spread with the Italian ten-year bond drops to 81.7 basis points.

Oil is always on the rise with the WTI close to 92 dollars and Brent above 96 dollars a barrel. While the price of gas remains heavy, dropping 2.35% to 71.9 euros per megawatt hour.

Among the price lists, the pink jersey goes to Madrid (0.71% followed by London (+0.66%) and Milan (+0.64%) with the Ftse Mib which has recovered 52 thousand points. In Piazza Affari the rebound of Lottomatica continues (+5.5%) after the operation with the Spanish Cirsa.

Azimut then rises (+3.56%) with the 'buy' from Deutsche Bank. Poste recovering (+2.2%) in the final phase of the ops on Tim (+2.6%). Among the banking companies, Mediobanca stands out (+1.84%). On the opposite side, sales on Cucinelli (-2%), StM (-1.22%) and Campari (-1.17%). Among the other markets, Frankfurt recorded a +0.53%. Weak Paris (-0.06%).

For exchange rates, the euro appreciates against the dollar. The single currency changes hands at 1.1622 on the greenback.