Markets celebrate Biden victory, BTP rates at the lowest – Ultima Ora


(ANSA) – MILAN, NOV 9 – The rally in the stock markets, which began in Asia following the victory of Joe Biden in the US presidential elections, continues in Europe where all the stock exchanges opened higher and the 10-year BTP yield fell below 0.62% to 0.618%, marking an all-time low. Italian bonds also benefit from last Friday’s confirmation by Moody’s of the Italian debt rating.

Tokyo, up for the fifth consecutive session, gained 2.12%, Hong Kong rose 1.13%, Shanghai 1.8% and Shenzen jumped 2.25%. In the Old Continent, London gains 1.3%, Frankfurt opens up by 1.87%, Paris by 1.53%, Milan by 1.6%. Oil also rose. The barrel of WTI crude oil rose 2.8% to regain 38 dollars a barrel at 38.17. Brent is trading at $ 40.17 with a gain of 2.6%.




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