The slowdown in Chinese industry, geopolitical uncertainties, Broadcom's accounts (in retreat due to the trade war) are alarming the markets and directing investors towards safer havens. In Italy, the Cassa Depositi Prestiti bond is booming, closing after five days the second issue intended for private investors residing in the country: CDP has decided to raise the offer, from 1 to 1,5 million bonds, the maximum expected . Business Square remains weak, though limits damage to -0,09%, 20.612 basis points, weighed down by Juventus (-4,65%). Sales on the black and white team's title intensify with the increasing probability that Maurizio Sarri will become the new coach. After weeks of a catchphrase that enlivened the exchanges, it seems that the dream of shareholders and fans of having Josep Guardiola on the bench has definitely been shattered. Even in the last few hours Guardiola has reiterated his intention to stay at Manchester City while news arrives from London according to which Chelsea have decided to release Sarri from his contract and allow him to marry at Juve in place of Massimiliano Allegri.
Among the blue chips in red there is stm, -3,05%, in the wake of the reduction in the turnover of Broadcom, which foresees a slowdown in the demand for chips due to duties. Bad Unipolsai -1,81%. Banks weaken, the worst is Ubi -1,62%.
The biggest gains are by Moncler +1,62%; Prysmian +1,62%; Enel +1,32%; Amplifon + 1,25%.
Outside the Ftse Mib, he holds court the reorganization of the Gavio group: the merger of Sias in Asthma launched yesterday by the respective boards of directors rewards Autostrada Torino-Milano (+5,32%) and penalizes the subsidiary Sias (-7,14%).
The bond shines: the 2,32-year yield falls to XNUMX% and lo spread with the Bund it narrows to 257.70 basis points (-1,45%). Italian paper remains well bought, despite the risks associated with the launch of an infringement procedure for excessive debt, with Brussels giving the government a week to respond, with new elements, to doubts about the accounts.
Going back to the stock market, the losses are more substantial Frankfurt -0,6%; Paris -0,15%; Madrid -0,57%; London -0,31%. TO Wall Street, Dow and Nasdaq are down, while the S&P500 is up. Meanwhile, food for pets does wonders: Chewy, an e-commerce company specializing in products for Fido and Silvestro, debuts with a bang and scores an 80% increase.
Il dollar it is strengthened following the positive American macro data, which slightly lower the probability of a rate cut by the Fed. The exchange rate with the euro is in the 1,122 area.
The rise in the greenback partially penalizes thegold which in any case remains in great shape above 1349,6 dollars an ounce.
He pushes the accelerator again Petroleum, after the explosion of two oil tankers in the Gulf of Oman caused, according to the US, by Iran. Brent rose by 1,04% to 61,95 dollars a barrel; Wti +0,7%, 52,91 dollars a barrel.
