Positive closure for Business Square, +0,22%, 23.979 points, which consolidates the gains of April (+7%), despite some confusion in the second part of the session, after the request for elections in June by the 5Stelle leader Luigi Di Maio. The political climate freezes the bond market: the 1,79-year yield rises to XNUMX%, while the spread with the Bund it widens to 122.40 basis points, +4,7%. An expansion that touches almost all the governments of the euro area, while inflation does not take off. In April, the annual increase in prices in Italy, according to Istat, slows down to 0,5%, a clear slowdown compared to March (+0,8%) and the national consumer price index in Germany remains unchanged , while that harmonized with the EU parameters shows an unexpected slowdown. On the contrary in the USA, in March, inflation marks +2%, a target set by the Federal Reserve.
In this framework theeuro it remains weak against the dollar, in the 1,2 area and contributes to the rise in continental lists, despite the limited volumes in view of the May XNUMXst holiday. Frankfurt +0,25%; Paris +0,68%; Madrid +0,56%. Outside Euroland: London +0,09%; Zurich + 0,5%.
On the other hand, the sentiment of the financial markets remains marked by optimism, after the volatility recorded in February, at least according to a survey conducted by Assiom Forex among its associates in collaboration with Il Sole 24 Ore Radiocor.
Also Wall Street opens well tuned and the Dow climbs with excellent quarterly results, in particular that of McDonald's which shows profits and revenues higher than the estimates and global comparative sales higher than the consensus.
Positive the Petroleum, Brent: +0,53%; $74,18 a barrel. Gold decreased slightly: 35,03 euros per gram (-0,16%).
In Piazza Affari: he is on the podium of the big caps today Tenaris, +2,37%, after the decline on Friday following the quarterly. The company could benefit from US tariffs on steel pipes because it has a solid manufacturing base in the US. A sharp rise Post, +1,68%, which reaches a maximum of 8,106 euros, also thanks to the increase in the target price (to 9,1 euros) by JP Morgan and the rumors about a possible insurance partnership with Generali +1,1%. In the light of fashion, with Ferragamo +1,62% and Moncler +1,33%. In industry he rears his head Leonardo + 1,16%.
The worst stocks of the Ftse Mib are fca -2,18%; Mediobanca -0,64%; Atlantia -0,47%; Mediaset -0,33%. Weak Telecom, -0,53%, while the May 4th meeting is approaching. Meanwhile the Elliott fund confirms "full support" for Amos Genish, and reiterates that "there is no alternative plan" to the one built by the manager. Out of the main list it is affirmed Salini Impregilo, + 5,99%, in view of possible sales and listing in the United States.
Bold the Juventus, +4,04%, after the victory over Inter e the Scudetto closer again.
