According to operators, the economic climate in Germany is improving. But the markets, focused on the tug-of-war on trades, for now, don't care: Frankfurt -1,47% is today the rear light among the price lists of the old continent, however all in red: Business Square, yesterday the worst, lost 0,38%, still below 23 points. Paris (-0,88%) And Madrid below about 0,9%. On the French Stock Exchange it shines Sanofi +4,8% after shopping in US biotech. Instead he suffers Valeo -4,5%.
London -1%. Just Eat's board has advised shareholders not to join the £5,1 billion offer from Dutchman Prosus, which has already increased from the previous £4,9 billion, because it greatly underestimates its value.
The German Zew index on confidence rose surprisingly in December to 10,7 against expectations of a zero change and after the fall of 2,1 in November.
On the contrary, in October the Italian industrial production index, considered a good forecaster of the GDP, decreased by 0,3% compared to September. In trend terms, it fell by 2,4%. Over the past ten months, this indicator has always had a minus sign in front. The only good news is the growth of the component linked to consumer goods.
The single currency gains 0,14% on the greenback immediately after the release of data on German investor confidence.
Little moved the BTP at 1,28% +1 basis point. Euro dollar at 1,107 points. Gold flat at $1.464 an ounce. UBS and Goldman Sachs agree they expect a 2020 price of around $1.600 an ounce, a level not seen since 2013.
Petroleum Brent stable at 64 dollars a barrel. Aramco debuts tomorrow on the Riyadh Stock Exchange.
At Piazza Affari it goes up Atlantia +2,02% on the hypothesis of entry into the capital of CDP. The Guardia di Finanza of Genoa is carrying out searches and seizures in the offices of three subsidiaries of the Atlantia group as part of a new line of investigation resulting from the criminal proceedings on the collapse of the Morandi bridge. The new line of inquiry concerns the sound-absorbing barriers installed on the motorway network.
Leonardo +0,19%: UBS has revised upwards the recommendation on the stock to 'buy' with a target price of 12,30 euros.
The banks affected by the crisis of the Popolare di Bari are weak. Unicredit (-0,3%) And Understanding -0,7% Where's Banca +0,2%. In some way, Italian banks could be called upon to deal with the "immediate recapitalization" of the Apulian institution with an injection of funds for 800 million - 1 billion euros against non-performing loans equal to about a quarter of the loan portfolio. Mediobanca +1,1%: the top management of the company has started the procedure for changing the statute.
Fiat Chrysler -0,6%. In November, the Chinese automobile market recorded a decline of 3,6%, it is the seventeenth consecutive month of decline. Carlos Tavares, the managing director of Peugeot PSA, reiterates that the pre-contract for the start of the merger works will be signed shortly.
sapphire rose by 4,4% after the announcement of the renewal of the licensing agreement with Marc Jacobs, continuing Monday's rise in the wake of the acquisition of the Californian Blenders Eyewear and awaiting the industrial plan which will be unveiled tonight after the markets are closed.
The debut on the list of Saint Lawrence which at the Star first jumps by more than 3% and then falls back to parity. ovs + 2,6%.
