Hi everyone
It's the first day of the week again and the European stock markets are showing a modest recuperation. The Eurostoxx 50 scores another 0,4%. Because of the quick rate reaction on Wall Street there is few movement to take risks, investors prefer to let everything come at ease before chosing a direction and making a decision which is the overruling mood there Today. Also in our office the amount of transactions done daily is less as usual although you can't keep waiting forever to invest in something the mood stays sceptical. Some shares that are doing well currently are for example Danone (+2,4%) who got a Buy recommendation from JP Morgan aiming for EUR 74,00 they also have a new 10 year old bond loan which has a current coupon of 2,6%.
What are your thoughts on this?