The initial attempt to rebound by the Italian Stock Exchange under the pressure of the spread, climbed over 270 basis points: expectations are growing for Fitch's rating (today BBB, outlook negative) which will be announced on Friday after the markets are closed. Other markets are still on the rise, supported among other things by the new statements by the chief economist of the ECB, Peter Praet: Frankfurt will discuss "very soon", he said, whether to offer a new round of long-term loans to the banks. But the decision may take time. The euro moved little against the euro, at 1,134.
The minutes of the last meeting of the Fed will be released in the US in the afternoon. At the center of the markets' interest is the reduction of the central bank's balance sheet which, John Williams of the New York Fed anticipates, will have to be reduced by 600 billion dollars within the year .
Piazza Affari around 12.50 travels on parity at around 20.238. The rest of the Eurozone was up: Madrid +0,4%, Frankfurt +0,28%, Paris +0,2. London +0,1%.
Gold is still rallying, this morning on new highs since last April at 1.347 dollars (+6% the gain in euros since the beginning of January). Crude oil prices, on the other hand, are moving away from the highs of 2019, penalized by the leap in US supply (over two million barrels per day in 2018, an all-time record) and by the slowdown in growth. The WTI slipped below 56 dollars to 55,92, down by 17 cents. Brent yields 30 cents at 66,15.
Slightly declining Eni -0,2% and Saipem -0,3%. The data for the fourth quarter should be higher than consensus expectations, writes Bloomberg: in recent months there has been a sharp acceleration in new orders.
Bank stocks are under tension on the list. The Guardia di Finanza has executed a decree of preventive seizure of over 700 million euros against five banks and two brokers, Dpi and Odb, who placed diamonds through the banks. The institutes are: Unibelievet -0,8%. Intesa Sanpaolo -0,48%. Bpm bank -2,5%. Mps Bank -1,7% and Banca Aletti.
Tim +0,6%. Cassa Depositi e Prestiti, reports Reuters, rose just over 5%, Tim Brasil, which represents 20% of the group's revenues, closed the fourth quarter with a profit of 592 million reais.
The industrialists recover. Brembo+ 2,8%. Fiat Chrysler + 0,9%. Pirelli + 1,1%. Prysmian + 1%. Ferrari + 0,1%.
Leonardo +1%, signed a memorandum ofagreement with Abu Dhabi Ship Building to create a combat-management system for the UAE Navy.
Atlantia +0,5%. Monica Mondardini has resigned from the board of directors.
Salini Impregilo -0,98% His proposal to rescue Astaldi is on the table of the Court of Rome which will take all the time necessary to evaluate its profile, writes Il Sole 24 Ore. The title of the newspaper this morning jumps up by 8,7%.
Aedes -2%, is in the shortlist of the Global Retail & Leisure award with the Caselle Open Mall project for Universal Studios in Los Angeles.
