ETX Capital Daily Market Bite, 29th April, 2013: Firmer Tone In Markets On New Italian Govt
April 29, 2013 10:00 am
April 29th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened higher this morning, as the appointment of Enrico Letta as the new Prime Minster of Italy ended the political impasse surrounding the nation for the past two months. Meanwhile, at a debt auction today, Italy aims to sell €2.0-€3.0 billion of five-year BTP fixed-rate bonds, maturing in June 2018, and €2.0-€3.0 billion of 10-year BTPs, maturing in May 2023.
April 29th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist
European markets have opened higher this morning, as the appointment of Enrico Letta as the new Prime Minster of Italy ended the political impasse surrounding the nation for the past two months. Meanwhile, at a debt auction today, Italy aims to sell €2.0-€3.0 billion of five-year BTP fixed-rate bonds, maturing in June 2018, and €2.0-€3.0 billion of 10-year BTPs, maturing in May 2023.
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