Positive start to the session for Piazza Affari and the main European stock exchanges
.
Paris gains 0.9% to 7,089 points, London 0.75% to 7,465 points, Frankfurt 0.71% to 15,073 points, and Madrid 0.44% to 8,929 points.
Piazza Affari also opens higher.
The Ftse Mib index gains 0.9% to 26,150 points.
Optimism has also returned to the main stock exchanges in Asia and the Pacific
after the storm involving banks following the cases of Swb and First Republic Bank in the USA and Credit Suisse in Switzerland.
Why Credit Suisse is in trouble
Tokyo gained 1.2%, Shanghai 0.8%, Taiwan 1.52%, Seoul 0.75% and Sydney 0.42%.
Hong Kong (+1.51%), Mumbai (-0.1%) and Singapore (+0.58%) are still open.
Futures on Europe and on Wall Street are positive. Final reading on inflation coming from the Eurozone in February and month-on-month industrial production from the USA, expected to rise, together with the University of Michigan index, expected unchanged .
Crude oil (Wti +0.5% to 68.69 dollars a barrel) and natural gas (+1.25% to 44.9 euros per MWh), together with gold (+0.35% to 1,929 .51 dollars an ounce).
The dollar fell to 0.937 euros, 133.1 yen and 0.821 pounds.
On the Tokyo market, purchases on semiconductor producers Tokyo Electron (+2.92%), Advantest (+3.32%) and Sumco (+1.48%).
The Nomura bankers were positive (+0,
ANSA Agency
The ECB raises rates by 0.5% - Economy
Lagarde, 'European banks solid, but ready to intervene' (ANSA)
