The downward run of oil regains the scene and affects the day of the markets, especially on Wall Street which travels in negative territory weighed down by the energy giants who are starting to deal with the new black gold prices. In fact, the WTI broke the low level of 44 dollars a barrel and trades at 43,89.
In Europe, the main stock exchanges closed in slightly positive territory after an uncertain day. The exception is London which closed down by 0,22%. Milan is in the pink jersey up 0,56% thanks also to the auction of government bonds this morning, Paris +0,44%, Madrid +0,48%, Frankfurt +0,25%. The decline in energy was also felt on German inflation where consumer prices fell by 1% in January, above analysts' expectations, with annual inflation down by 0,3%. This is the first month of price declines since September 2009.
The Athens Stock Exchange rebounds and rises by 3,16% driven by the banks. On the other hand, sales continue to hit Greek government bonds with the 10-year yield rising above XNUMX% during the day.
The Btp-bund spread closes unchanged at 125 points. The Treasury has today assigned 3 billion BTPs over 10 years with a historic low rate of 1,62%. Also purchases on British Gilts whose yields are at historic lows.
On Wall Street, the Dow Jones recovered during the session and was in positive territory at the close of the European stock exchanges. The S&P500 -0,17% and Nasdaq -0,29% are still negative. Not only the energy stocks but also the disappointment on the front of some quarterly reports influenced moods overseas. First of all Alibaba whose revenues have disappointed expectations. Even Google in the red waiting for the accounts. In light McDonald's which rises by more than 4% with the exit of the CEO Don Thompson.
Labor market data gave new positive signals today with claims for new jobless benefits dropping by 43 to 265 in the week ended January 24. This is the lowest level since April 2000 on levels not recorded for 15 years.
Wdf +8,98% flies to Piazza Affari, benefiting from the rumors reported by Blooomerg: the Swiss Dufry is allegedly evaluating an offer for 50,1% of World Duty Free owned by the Benettons through Edizione. Among the other interested parties are the names of the Korean Lotte Df Global and Kkr. Campari +4,11%, Stm +3,79%, Finmeccanica +3,68% and Cnh Industrial +2,9% also rose.
At the bottom of the Ftse Mib, Mps is strapped, closing at -5,65% after a suspension in the volatility auction and an intraday drop of 6% to the new historic low of 0,425. The BPM is also bad -2,59% while the controversy over the reform of cooperative banks continues.
While banks in Italy are preparing for a general strike tomorrow, bankers are in the spotlight across Europe: today in a note the ECB's banking supervisory board urged banks "to adopt a conservative policy in the distribution of dividends in 2014" as part of its goal of enhancing the security and stability of the Euroland banking system. The Eurotower also announced that "variable remuneration will be subject to in-depth scrutiny in the coming months".
At the bottom of the Ftse Mib, as expected, are also the securities linked to oil: Saipem -4,5&, Tenaris -4,27% which pays the bills of the competitor Vallourec and Eni -1,78%.
