Employment and wages are booming in the US, the dollar appreciates and the stock markets remain uncertain. Business Square closes down by 0,39%, 20.447 points: negative financial stocks; turnaround for Atlantia, -2,15%, after one day of rest; well the fashion with Ferragamo +2,24% and Moncler +1,32%; positive Telecom +1,07% following alllaunch of the Sparkle salethat spread between the Italian and German ten-year period there is little movement, -0,24%, 248.90 points; the return of the Italian benchmark drops to 2,88%.
In no particular order, the other European price lists: Frankfurt +0,04%, archives a negative week and remains below 12.000 points. Among the titles Deutsche Bank loses 1,47% following the decision of the first shareholder, the Chinese company Hna, to sell its stake; Madrid -0,41%; Paris +0,16%. Outside the eurozone London loses 0,61%, while Zurich it appreciates, +0,3%.
Also Wall Street, after a negative opening, it is contrasted. The Nasdaq tries to rebound, despite the plunge of Tesla (-9%). THEThe title of the electric car manufacturer suffers the farewell of two managers.
The S&P500 is flat; the Dow 30 is weak.
The cloud of duties looms heavy on the markets, with the new tranche for 200 billion of Chinese products approved tonight in the US (without precise dates), but above all, in the American morning, the August job report orients price lists and currencies.
The ship goes: it is in fact the 95th month in a row that the number of employed people increases in the States (201 more jobs against the 192 expected), even if the unemployment rate remains at 3,9%. Wages even post the largest annual increase in nine years. This reinforces the prospect of a rate hike by the Fed on 26 September next and raises questions about possible further tightening. Following these data, the dollar strengthens against the other major currencies. The cross with the euro is again below 1,16 in the 1,157 area.
Among the raw materials the Petroleum little moved, with Brent at 76,52 dollars a barrel. Gold suffers from the greenback's recovery and drops 0,2%, reaching 1197.66 dollars an ounce.
On the Ftse Mib they rank among the best stocks Recordati +1,13% and Ferrari, +0,83%, the latter on the day of the meeting after Marchionne with the ratification of Louis Camilleri riding the prancing horse. FCA flat, +0,07%, with the meeting for the confirmation of Michael Manley at the helm. Exor, safe degli Agnelli, however, yielded 2,02%, following the presentation of the accounts for the first half year. Sales hit Prysmian, -2,09%; General Bank -1,84%; Banca Mediolanum -1,64%.
Among the minor titles the Juventus marks its all-time high at €1,409 per share. With Ronaldo on the pitch, the Juventus club also takes its market capitalization to all-time highs, over 1,35 billion euros, more than double compared to June when it was 620 million.
