Final under braking for the European price lists, with Piazza Affari which finishes in the black jersey and loses 22 points (21.969). The Ftse Mib lost 0,38%, weighted by Stm (-11,89%). The thud of the Italian-French group also weighs on Paris, -0,25% (where it falls by 11,8%), while they show little progress Frankfurt (+ 0,46%), Madrid (+ 0,1%) and London (+0,07%). Risk appetite has given way to uncertainty over the past half hour as mood changed by Wall Street, which started up in the belief that Democrats and Republicans will find an agreement on the support plan. Then the mood changed and the indices are now moving in the red, as is the Petroleum (Wti -0,96%, 45,16 dollars a barrel; Brent -0,49%, 48,6 dollars) after the data on US weekly inventories, which recorded a significant and unexpected increase. Among the raw materials, gold also fell, -0,99%, 1850,9 dollars an ounce.
The eyes of the world remain on them Covid vaccines, in particular those of Pfizer-Biontech, which received the first green light from the FDA and the green light from Canada, while the United Kingdom has already started with the administration of the first doses. Today, however, the British have had to put a stop to allergy sufferers due to some adverse reactions.
Maximum alert also on the Brexit, awaiting the evening meeting of the president of the European Commission, Ursula von der Leyen, with the British prime minister Boris Johnson, in the hope that they avoid an exit without a trade deal. Meanwhile, the pound recover ground. The euro trading down to 0,9 (-0,33%). The single currency is also in slight decline against the dollar, although the cross remains above 1,2, on the eve of tomorrow's ECB meeting, the last of the year, which could introduce new weapons to support the European economy.
The Italian secondary school looks forward to this appointment with confidence. The spread with the German 115-year bond it falls to 0,54 basis points and the BTP yield falls to 0,498%. As for the auctions, annual bots were awarded with a yield at an all-time low of -7. The Treasury has placed the entire amount of 12,81 billion, against a maxi-request of 1,83 billion, with a coverage ratio of XNUMX.
For Piazza Affari, however, things went a little worse, above all due to a shower of sales that hit stm, after the CEO Jean-Marc Chery, during the capital market day, said that the Italian-French group postponed its $2023 billion annual revenue target by one year to 12, also estimating an operating margin between 15% and 17%, lower than expected. The chipmaker suffers from the trade war between the US and China and the embargo against Huawei, one of the group's largest customers, elements that will slow growth and affect profitability, even if demand recovers after a year marked by Covid -19.
On the opposite side of the price list it still stands out Moncler, +3,81%, which strengthens every day after the decision to buy Stone Island.
Money up Fiat, +2,76%, favored by rumors about an upcoming green light from the EU Antitrust for the merger with PSA. Even better Ferrari (+2,81%). It is also appreciated in the automotive sector Pirelli (+ 2,11%).
But betting on bank risk is keeping the attention alive more than ever. At the heart of new press hypotheses are Bper (+ 2,48%) and Unicredit (+1,38%). The element of combination could be the expiry of the insurance partnership between Unicredit and the British of Aviva. The Britons could be replaced by Unipol (+0,51%), which in turn controls Bper, even if Carlo Cimbri recently spoke out in favor of marrying Modena and Bpm bank (+1,26%). The alternative depresses a little Ps (-0,45%), ready with the strategic plan which will contain "certain scenarios" of capital requirements, while we look at the vote in the Commission on the maneuver and the M5S amendment which intends to drastically cut the tax dowry of 3 billion destined for a eventual buyer of Siena.
Progress for Telecom (+1,77%), engaged in the negotiation for the renewal of Serie A Tim, which expires at the end of the championship after more than 20 years.
