A day marked by uncertainty: after a morning in positive territory, Business Square reversed course with the speech of Prime Minister Giuseppe Conte who, without making any commitments on the euro, reaffirmed his willingness to change the governance of the EU and to reopen dialogue with Russia, stopping the sanctions.
The sales on the list and on the Btp became more aggressive in the afternoon coinciding with the replies of the oppositions, in particular when Mario Monti evoked the risk of intervention by the Troika. Eventually the index fell 1,18% to 21.750 points.
Live too spread and debt securities: the differential between the Btp and the Bund widened by over 30 basis points compared to yesterday (239). The 2,77-year yield rose to XNUMX%.
It wasn't just the blue chip index of Piazza Affari (-13% since April) that lost ground. Goes down London -0,5%, slow down in the finish Frankfurt +0,13% (from +0,9%) and Paris - 0,22%. Madrid -0,66%
THEeuro it fell below 1,17 against the dollar. The Petroleum Brent is down 1,7% to $74 a barrel.
On Italian equities, the gains hit banks above all: Understanding -3.83% (Blackrock increased its stake to 5,135%) e Unicredit -3,56% (Capital Research's share fell to 4,77%). Among the worst too B for Bank -3,44%.
Back off Enel -1,84% after the successful conclusion of the public offer on the Brazilian Electropaulo: 73,4% of the capital subscribed to the offer for an amount of 1,27 billion euros plus a subsequent capital increase for 343 million.
In Milan, however, there is no shortage of positive notes: the best blue chip is stm +4,33% entry into SocGen favorites list. Also of note is the new exploit of Moncler +3,77% and Recordati + 3,65%.
Prominently featured in the Agnelli stable with the title Ferrari to +2,8%. Shy recovery even of Fiat Chrysler +0,27% after two sessions in significant decline. Flat Saipem (+0,05%) after JP Morgan raised its target to 4,3 euros from 3,8 (overweight).
The session a Wall Street began under the banner of uncertainty. The S&P 500 is flat at 2.747 points. The Nasdaq rose 13 points, 0,18%, to 7.619. In the aftermath of a record session for the Nasdaq Composite, the technological index continues to rise (+0,18% to 7.619) but in general investors have returned to worries on the commercial front. Mexico today announced tariffs on American agricultural and steel products in response to tariffs triggered by the Trump administration on June 15 against Mexican but also Canadian and EU steel and aluminum. Furthermore, June XNUMX is approaching, the date after which Washington should trigger tariffs on Chinese technological products.
