Markets Analysis

22 October 2014, 11:23
Francesco Sgarbossa
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Euro Markets Area still swing in the wake of rumors that the ECB is considering the possibility of buying corporate bonds on the secondary market and that a decision may already be on the agenda for the December meeting. Positive reactions for both equity markets with indexes that have ended the session with gains of about 2.0%, which in the bond market with the recovery of Peripheral EU both in terms of absolute differential against the Bund. The differential BTP / Bund 10 years falls below 165bp. Positive also the closure of Wall Street which benefits from the quarterly record of Apple. On the macro front today, consumer prices in the United States. The single currency back to weaken the cross Eur / Usd that falls just above 1.27, while the cross Eur / Jpy is close to the minimum for about a year to 136.

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