The reduction in uncertainty about Brexit and US-China tariffs, as well as the good macro data from Beijing, push the markets to the highs. European stock markets closed higher and accelerated in the second part of the session after the sound start of Wall Street, trading at record levels. He suffers though Boeing (-3,3%), following press rumors about the possibility of suspending production of the 737 Max.
In Europe: Frankfurt +0,92%; Paris +1,23%, falls back in the final after exceeding 6000 points in the session, a level never touched since 2007; Madrid +1,2%. The rally continues London, +2,23% after the landslide victory of the Conservatives in the elections.
Business Square gains 0,84% and grows to 23.524 basis points, with the run of nexi +3,32%, which further updates its all-time high. The banking sector closes positive, despite a raging one storm on the popular Bari, which has unleashed new political controversies on Bankitalia and induced the government to bail out through a decree allocating 900 million to Invitalia, to finance central microcredit and allow it to acquire shares in the bank. Governor Ignazio Visco raises the alarm: in the event of liquidation, 4,5 billion would be needed to repay account holders, but the money from the Interbank Fund would not be enough to cover the costs. Visco also defends the central institution and says: Bankitalia is and will always remain an institution at the exclusive service of the state", while "often looking for illusory scapegoats".
Recommended Unicredit + 1,79%.
La Juventus, +2,71%, celebrate good luck in Champions League, the most coveted and richest European tournament. In fact, the bianconeri will meet the Lyon team, considered less formidable opponents than, for example, Real Madrid and Tottenham. The eventual passage to the quarter-finals will bring about 15 million to the coffers of the Old Lady, over 10 million in UEFA prizes and the proceeds from the stadium. A nest egg that adds to the 300 million euro capital increase that will end the day after tomorrow.
Bene Atlantia +2,68%; Ivy +2,19%; Snam +2,07%. In light fca, +1.08%, on the day in which the French government reaffirms its consent to the merger with PSA, and in the wake also Exor (+ 1,1%)
There are only three blue chips in red. Moncler -1,52%; Buzzi, -0,89%, also due to Barclays which recommends lightening the exposure to the stock in light of the approximately +50% recorded since the beginning of the year and a 2020 which promises to be more challenging for the cement sector than the previous year course; stm -0,45%.
On the secondary it rises moderately spread between Italian and German ten-year bonds: 144 basis points, +0,82%, with the BTP yield at 1,17%. The public debt is also picking up again, growing by 7,5 billion in October compared to September, reaching 2.446,8 billion. The INPS also reveals that more than one million applications for income and citizenship pensions were accepted between April and November.
In the currency area, theeuro it is slightly up against the dollar at around 1,114. The Turkish lira is down by about 0,77% to 5,85 dollars after Turkish President Recep Tayyip Erdogan threatened to close two important NATO bases, opening a new battlefront with the United States.
Among the raw materialsgold moves negative at 1478,75 dollars an ounce; The Petroleum Brent type appreciates by 0,19% to 65,41 dollars a barrel.
