The European lists rebound vehemently after the black day. The brightest is the bag of Milano +17,4 over the barrier of 17 thousand points. Guinness Book of Records also for the other markets: Paris + 7% Frankfurt + 7,4, Madrid +9%. It also flies London + 8 %
The decisions of the stock exchange authorities of Italy and Spain which imposed from the restrictions on short selling of securities. They were joined by London and Seoul.
The chief economist of the ECB, Philip Lane, ha fixed shot after Christine Lagarde's statements. "The ECB is ready to reduce the spreads on the bonds of the countries of the euro area if this phenomenon jeopardizes the effectiveness of its policy" he said, adding that "we will not tolerate any risk for a smooth transmission of our monetary policy in all the jurisdictions of the euro area,” he added on the ECB website.
Il Petroleum Brent strengthens up 5% to 35,0 dollars, after -7% yesterday. Goldman Sachs forecasts that next month, there will be a crude surplus of about six million barrels a day, putting further pressure on prices.
THEgold yesterday it lost 3,6%, today it rises slightly to 1.585 dollars. Euro Dollar at 1,164, little moved, from -0,7% yesterday. Profit taking on bonds. German Bund down -0,63%, +12 basis points. BTP at 1,88% with lo spread to 250 basis points despite the clarifications of the ECB.
All the blue chips in Piazza Affari are on the rise, also thanks to the ban on short selling.
Generali +16,8%, closes 2019 con 5,1 billion euros of operating profit, up 6,7% yoy and in line with forecasts. The Solvency II solvency margin, which rose to 224%, is surprising. Proposed dividend of 96 euro cents.
Banks also reacted to the rise. Understanding +18% and Unicredit + 17%.
To report the flight of Leonardo +19,8% who released 2019 results and 2020 forecasts, both slightly higher than expected. The revenues will be supported by the orders received during the past year.
Among the most significant recoveries, Poste, +26%, Buzzi +26,9. Among the utilities, snam+21,8%. and Enel 19,46%
