On the eve of the decisions of the European Central Bank, Eurozone markets try to anticipate Mario Draghi's moves. In particular, the yield of Btp to 10 years it reaches its lowest level since April, at 1,38%, while the spread with the Bund is at 93 basis points.
THEinflation of the euro area remained stable at 0,1% per annum in November, a level lower than economists' expectations and far from the ECB's target (close to 2%).
Il dollar slightly strengthens again against theeuro to 1,059, from 1,063 at yesterday's close.
Il Petroleum Brent loses 1,3% to 43,80 dollars. Eni rises by 0,7%, down Saipem -0,3% (debt rises to 6,9 billion pending the capital increase approved this morning). Little move Tenaris (+ 0,2%).
The recovery of the equity markets strengthened in the late morning. In Piazza Affari, the FtseMib index gains 0,3%, in line with Paris. The rise of the other European Stock Exchanges was weaker.
In the afternoon, the data on employment trends in the US private sector is expected to be published, an advance of the most important data on the overall dynamics of employment in the United States in November.
The parade of Luxury titles continues on the catwalk of Piazza Affari. Advance Moncler (+2,5%) on the wave of positive opinions after the Investor Day. Banca Akros confirms the "buy", together with Mediobanca Securities ("outperfom") and Morgan Stanley ("equal-weght").
Even more pyrotechnic is the performance of Yoox: +6% after announcing that sales over the fateful Thanksgiving Day weekend, which includes Black Friday, increased by 50% over the same period in 2014. Ferragamo rises by 1,8%.
The banks move in no particular order: Understanding + 0,8% Mount Paschi -1% Unicredit -0,4%. Banco Popolare drops by 1%.
Avanza Mediolanum (+1%) after the agreement with the Revenue Agency to which it will pay 120 million euros to settle a tax dispute. The amount is already set aside in the group's financial statements.
Slow down your run Azimuth (-0,7%). Generali drops by 0,5%, UnipolSai -0,5%. Poste Italiane (+1,6%) marks new highs after the positive recommendations of the main brokers.
Telecom Italy +0,2%: today is the last day in which shares can be bought to participate in the mid-December shareholders' meeting.
Enel advances 0,4%, Terna + 0,7% A2A + 0,2%.
Fiat Chrysler marks a decent rise of +0,3% despite the strong increase in registrations in November.
in Frankfurt Volkswagen it is down 4% after the drastic drop in sales in the US in November (-25%) and the rating cut.
StM salt of 1,1%, Finmeccanica -0,4%. positive Prysmian (+ 1,6%).
