European markets positive
Europe s major markets are trading in positive territory. Piazza Affari is also bullish. EUR / USD is slightly down at 1.201. Gold is just below the flatline as it slips -0.51%. Light Sweet Crude Oil gains +1.97% amid a flurry of buy orders.
The
Spread is at +104 basis points, near the previous day s level, while the ten-year BTP settles at +0.84%.
Among the European indices, Frankfurt goes nowhere, reporting a -0.17% change, London is in good shape, advancing +0.76%, and Paris stands out, progressing +0.7%. The Borsa Italiana edges up as the
FTSE Italia All-Share crawls up +0.25% to close at 26,801 points. The
Moderate gains in Milan
Piazza Affari is trading slightly higher, on a par with the major European bourses. EUR / USD broadly maintains the previous session s levels, with a change of only +0.13%. Gold trades down -0.51% in a weak session. Light Sweet Crude Oil has a weak session, trading -0.64% lower.
The
Spread remains unchanged at +102 basis points, while the Italy ten-year BTP is at +0.76%.
Among the European markets, Frankfurt edges higher, showing an increase of 0.42%, it s a stalemate for London, which is trading around the flatline, and a positive result for Paris, which inches up +0.59%. The Milanese bourse edges up as the
And this list will undoubtedly grow in the coming weeks and months as more companies seek to get an early foot in the door of what is expected to be an enormous and potentially lucrative new sector. Let s not forget that despite the massive potential for green hydrogen to decarbonise transport, heating and heavy industry, this is still a nascent sector the largest electrolyser currently in operation is only 20MW.
The thinking behind leaping from megawatt-scale to gigawatt-scale is that the future demand for green H
2 will be gigantic, and that costs can be quickly driven down through economies of scale, with a view to making renewable hydrogen cheaper than highly polluting grey (produced from unabated natural gas or coal) by 2030.
Milan contains losses (Teleborsa) -
The Milan stock exchange is moderately lower, while the rest of Europe is trading around previous levels. EUR / USD holds its position at 1.187. Gold creeps up +0.48%. Light Sweet Crude Oil has a weak session, trading -0.6% lower.
The
Spread (the difference between the Italian BTP and German Bund yields) drops to +100 basis points, down -2 BPs from its previous level, with the Italy 10-year BTP yield at +0.67%.
Among the European markets, Frankfurt lacks momentum, trading with a -0.18% change, London is modestly up (+0.32%), and Paris records a fairly pedestrian increase of +0.37%. Piazza Affari slips fractionally as the