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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 766.6 USD | +0.86% |
|
+2.26% | -5.57% |
| Apr. 23 | Invesco quarterly profit declines on lower management fees | RE |
| Apr. 23 | Goldman and BofA face renewed calls to split CEO, chairman's roles | RE |
MILAN (Reuters) - BlackRock remains cautious on Italian government bonds, as investors wait to understand whether the position of Economy Minister Tria on economic policies are shared by the coalition government, a senior official for the group said on Wednesday.
Bruno Rovelli, BlackRock's chief investment strategist for Italy, said the country's bonds are now in "no man's land", adding that it would be important for investors to see the content of the upcoming budget law.
Rovelli said that the current "wait-and-see phase" of the market would not last more than three or four months.
(Reporting by Elvira Pollina, editing by Francesca Landini)
| 1st Jan change | Capi. | |
|---|---|---|
| -5.57% | 114B | |
| -1.26% | 90.81B | |
| +15.50% | 64.64B | |
| +3.73% | 61.06B | |
| +10.37% | 42.95B | |
| +7.33% | 40.61B | |
| +18.09% | 34.3B | |
| +3.97% | 25.03B | |
| -3.96% | 22.43B | |
| +3.61% | 19.17B |
BLACKROCK, INC. 
