European bourses are lower, retreating slightly from the two-month highs reached in the last session, and are awaiting crucial data on US inflation for July due for tomorrow. With Asian prices inconsistent again (Nikki 225And the Hang Seng) Between caution about technology due to tensions over Taiwan and Covid cases in Hong Kong, European stock exchanges show limited differences (CAC 40 Paris,Dax 30 from Frankfurt, FT-SE 100 London) and Piazza Avary ranked FTSE MIBAnd the
In Milan down Saipem, RaiWay shot
On the main basket of Milan titles, sliding Saipem: The group is in talks to close two contracts related to Russia’s Artic Lng2 project in Novatek. Good Stmicroelectronics and Diasurinis still working Pop eh bank Following the quarterly accounts and pending decisions of the Court of Genoa on the appeal filed by Malacalza Investimenti which suspended the activities of the new Board of Directors BCA Carriage Bper brand which can extend the integration time a little bit between the two banks. Out Ftse Mib Stand Out Rai Road: According to Repubblica, September could be the moment of truth to launch the merger process with Ei Towers.
Gas less than 190 euros per megawatt-hour
The petroleumThe protagonist of the last session’s slight bounce from February lows has turned back: October Brent crude is trading at $96 a barrel, and September WTI is trading at $90 a barrel. by 2.5% on natural gas On the Dutch platform Ttf: The September contract is trading at €188.25 per MWh. stable at 1.02 il The exchange rate between the euro and the dollar.
BTp, stable spread but above 210 pips
The BTp/Bund Spread , is moving slightly but still above 200 basis points. The yield difference between the ten-year BTp benchmark (Isin IT0005494239) and the same German maturity stands at 212 basis points, down from 213 on the eve of the previous year. On the other hand, the benchmark ten-year BTp yield scored first place at 3.03 percent. In the first weekly session, the yield differential ruled out an aggravation of the Italian public debt scenario projected by rating agency Moody’s (after Standard & Poor’s Global).
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