The test to return to positive signs is expected to pay off today (13/6). Stock Exchange of Athens while the yields of government bonds showing a slight slowdown after yesterday’s big rise.
If and its result euro-ballot does not change the medium-term condition of the Greek market, despite the concerns about it political stability first in France and second in Germany, it seems to affect the whole of Europe.
Thus, in the last hours there was a significant deterioration in borrowing costs, with the 10-year French bond reaching 3.3% and the Greek at 3.8%which had a negative impact on shares as well, with the General Index not escaping the bearish climate.
Now, however, the bond yields shows signs of de-escalation, which is estimated to improve the buying mood of investors, which brings positive signs back to Athens
The General Index is in the area of 1,450 units, with 1,420 – 1,430 units first. support and the 1,502 units that make up the next units resistances.
It should be noted that despite the recent rally and current volatility, the Greek market is still the same gaining 12% from early 2024which offers most satisfactory returns to investors.
In the meantime, attention remains on the Group TERNAas the announcement of the deal for the sale of the majority stake in Terna Energy is considered a matter of time, which is estimated to release a large amount of liquidity.
Awaiting the Fed
Abroad today, the investment community focuses on the US, where the afternoon will be announced inflation in Maywhile in the evening the central bank’s decision on the course of interest rates will follow.
THE Federal Reserveexcept for the unexpected, interest rates will remain at the current high level (5.25% – 5.50%), and are expected to do the same as the July meeting, resulting in first interest rate reduction which is estimated for September.
In this context, the future of Wall Street record marginal fluctuations, while the pre-contracts of the indices of Europe predicts a strong start to today’s session.