The markets are now convinced that a rate hike is not around the corner. Hence the widespread increases in European lists, in the wake of the performance of The Hague and emerging markets.
In Milan, the Ftse Mib index rises by 0,7%. Frankfurt gains 1%, same positive variation for Paris and London.
In the first negotiations, the spread between 108-year BTPs and their German counterparts narrowed slightly to 110 points from 1,70 at yesterday's closing. The yield is at XNUMX%.
The Treasury announced yesterday evening that on the occasion of the medium and long-term auction, between .5 and 7 billion euros in three, seven and 15-year BTPs will be offered. In the case of the three-year term, it is the new benchmark of 15 October 2018 which detaches a coupon of 0,30%.
Tonight, with the exchanges closed, Moody's rating on Italian debt will arrive.
In Piazza Affari it shines Fiat Chrysler +2,2% to the eighth consecutive session of increase. Other confirmations of the success of the Ferrari IPO arrived yesterday: Bloomberg wrote that the sports car brand is valued at up to 12,4 billion dollars, equal to 11 billion euros, well above analysts' estimates.
Salt too Industrial Driver's License + 1,6%.
Among the industrialists, Finmeccanica + 2,5% STM + 1,5%.
It also advances Telecom Italy +1,3%. While awaiting developments on the Metroweb dossier, the chairman Giuseppe Recchi declared that extraordinary operations will be discussed at the next board meeting on 16 October, but not Inwit (+1,46%). However, the group's tower company has already commissioned Deutsche Bank to handle the sale of a share of the capital.
Mediaset +0,3%. As at 30 September, Mediaset Premium subscribers numbered 1,815 million, an improvement from 1,70 million at the end of June. The company says that's a higher-than-expected increase for the quarter.
Oil companies also rise in the wake of the growth in crude oil: Brent +1% to $53,5, Saipem +2,4%, zero losses since the beginning of the year, Eni +1%. Yesterday Claudio Descalzi, CEO of Eni, reiterated his willingness to deconsolidate Saipem's debt, equal to 5,5 billion euros.
Enel salt of 1%. Among the banks, Understanding + 0,4% Unicredit + 0,5%Montepaschi + 1%.
In the insurance companies segment, Generali +1% and UnipolSai[US.MI] +1%.
Positive Luxury, Tod’s + 1% Moncler + 0,6% Ferragamo+ 0,9%.
