Business Square finds the way up in the second part of the session and aligns itself with the rest of the European lists, closing positive +0,25%, 21.300 points, with Buzzi best blue-chip (+2,19%). Two-faced Fiat galaxy: they go up fca (+1,82%) ed Exor +2,12%, supported byexpansion of the car market in the EU in the summer months, when the Italian-American house recorded an above-average increase in sales. Down Ferrari -1,32%, after yesterday's leap. Well bought the banks: boom of Monte Paschi, + 6,1%.
Slightly more toned Frankfurt + 0,5% Paris + 0,56% Madrid + 0,41% London +0,42%. During the day, Mario Draghi from Berlin called for greater cohesion in the euro area, saying that there is a need for a "substantial" and well-designed fiscal intervention tool to counter future crises and at the same time avoid opportunistic behavior by individual states.
Wall Street moves in different directions: the Dow Jones, supported by stocks such as Boeing, Caterpillar, JP Morgan, is in the running to surpass its record of last January 26, while the Nasdaq is declining, penalized by Microsoft. Concerns related to the various fronts open in the trade war remain in the background (negotiations with Canada for the new NAFTA continue today), which are also reverberating to a certain extent on Treasuries: China, the main creditor of the United States, reduced the amount of US securities in the portfolio, bringing it to a six-month low. The American 3-year bond today continues to travel with falling prices and a yield firmly above XNUMX%.
The Italian map is also changing after the recent gains, confused by the internal splits in the government majority on the next maneuver, with the deputy premier Luigi Di Maio who wants to "draw" on the deficit to keep his electoral promises. The yield of the 10-year BTP dates back to 2,68%, while the spread with the Bund it expands to 219.90 basis points (+2,81%). However, in July, according to Bank of Italy data, the purchases of foreigners are back (8,7 billion euros net), after the escape in the months of May (-24,8 billion) and June (-33 billion).
On the Stock Exchange, the banks of the Belpaese are not infected by the rise in the spread and are positive starting from the big ones Understanding +1,34% and Unicredit +1,43%. The sector is also looking with some indifference at the scandal in the north, with Danske Bank, the main Danish bank, involved in a gigantic money laundering case due to which CEO Thomas Borgen resigned today.
In Piazza Affari the best performances of the main list are those of Buzzi; Exor and FCA. On Bper +1,51% and Brembo + 1,45%.
The worst headlines are led by Prysmian, -2,66%, after yesterday's leap. Utilities with still weak A2a -1,37% and Italgas -1,98%. Lose Campari -1,43%.
On the Star flies Astaldi + 12,45%.
The change is stable euro/dollar, in the 1,168 area. The Petroleum he seems comforted by US inventories falling for the fifth week in a row. Brent +0,19%, 78,3 dollars a barrel. Wti 68,9 dollars, +0,88%.
Gold fit: +0,44%, $1203,69 an ounce.
