Cautious European stock markets awaiting Mario Draghi's press conference in the early afternoon (14,30 pm) and also in view of tomorrow's inauguration of Donald Trump. The words of Fed chair Janet Yellen do not stop the decline of the dollar against the euro traded at 1,066.
The FtseMib index travels around parity. The Frankfurt Stock Exchange dropped 0,1%, as did Paris and London.
The debt market is under tension in view of an upcoming increase in the T-bond. . The yield on the 10-year BTP rises by two basis points to 1,98%. The German Bund, which yields 0,37%, rises by two basis points and reaches the highs of the last month.
The pressure on the cost of money is holding back utilities, the sector most sensitive to the cost of money: Enel -1,25% Terna -1,15% Snam -1,3%
Brent oil rose 0,8% to $54,3. Eni loses 0,9%, Saipem -1%. Little move Tenaris +0.06%: JP Morgan promoted the company to neutral from sell.
Well bought Where's Banca +5,22%, the pink jersey of the list after the formalization of the contract for the purchase of the three good banks, following the go-ahead from the Bank of Italy for the operation. This morning Kepler analysts confirmed their buy on the stock and raised the target price to 4,3 euros. 1,8% salt B for Bank, on which attention now shifts with the focus on the negotiations for CariFerrara. Yesterday an interest by the Emilian bank was assumed for Creval which, after yesterday's leap of over 15%, leaves 4% on the ground.
rising Tip: +2,7 after the placement of 1,85% of the share capital of Prysmian -0,93% by Clubtre. The operation, explained Giovanni Tamvuti. represents a partial realization of the significant investment made in 2010 by Tip which, however, still maintains a significant stake through Clubtre”.
In the rest of the list:
- Goes down Mediaset -1,9%, downgraded to Sell by Ubs. Telecom Italy -1%.
- Luxottica loses 2%. Fiat Chrysler salt by 3,3%.
