Banks and self sustain Milano, best place in Europe, with a final increase of 0,99% to 20.676 points. But it collapses there Juventus, -3,92%, protagonist of a rally from mid-August onwards and despite the victory against Parma in the first league match. The black and white title is the worst on the list. In the bond sector, the yield of the 10-year BTP is stable at 1,33%, while the spread with the German 200-year bond it rises to 1,2 basis points (+5%). We remain at the window, waiting to learn about the political future of the Italian government with Pd and XNUMX Stars looking for a legislative agreement and the League ready to put the pieces of the yellow-green alliance back together, while Colle will close the game by Wednesday.
The other price lists in the euro area are more timid: Frankfurt, +0,44%; Paris +0,45%; Madrid + 0,34%. London is negative and loses 0,47%, while the EU reminds the United Kingdom of the heavy bill to pay, 43 billion euros, even in the event of a no-deal Brexit. "All the commitments undertaken by the 28 Member States - says the spokeswoman of the European Commission, Mina Andreeva - must be honoured".
Wall Street, fresh from a Black Friday, starts to rally and remains higher in the first hours of trading, in the hope of a resumption of trade negotiations between the United States and China after the turmoil of last week. Speaking on the sidelines of the G7 in Biarritz, Donald Trump calls Chinese President Xi Jinping a great leader and says he welcomed his desire for calm and to reach an agreement. This also eased tensions on the foreign exchange market with the yuan recovering from its lows and the dollar regaining ground against the yen. L'euro drops to 1,111 against the greenback.
The White House also announces that the American president and German Chancellor Angela Merckel, in their bilateral meeting this morning, "discussed economic issues in Europe, including a significant trade agreement between the US and the EU and the change of unfair trade practices of the China". On the other hand, there is a need for optimism in the light of opaque macroeconomic data. The OECD notes that among the G7 countries, in the latest quarterly statistics, GDP growth suffered a marked slowdown between the first and second quarters of 2019 in the United Kingdom (to -0,2% from +0,5% in the previous quarter) and in Germany (to -0,1% from +0,4%). GDP growth slowed more moderately in the United States and Japan (respectively to +0,5% and +0,4%, from +0,8% and +0,7% in the previous quarter) and, marginally, in France (from +0,3% to +0,2%) and in Italy (from +0,2% to zero).
In Germany, moreover, another alarm bell is ringing, because the index which records the confidence of German businesses, falls in August to 94,3, from 95,7 in July, while analysts estimated a decrease to 95,1.
A picture that is making the European Union reflect, which would like to rewrite the stability and growth pact to make it softer, according to an indiscretion from the Financial Times.
THEgold it is rising again and is currently moving in the area of 1541,25 dollars an ounce. The Petroleum it is weak with Brent down to 58,55 dollars a barrel (-0,43%) and Wti to 54,12 dollars (-0,1%).
Returning to Piazza Affari, financial stocks are among the protagonists of the session. The ranking of the best blue chips of the day starts from Ubi +2,1%. Well too Finecobank + 1,94%. Unicredit +1,45%; Bpm bank +1,44%. The easing of duties invigorates the car: Ferrari +2,03%; Pirelli +1,46%: fca +1,38%. In the rest of the list they are appreciated Enel +1,72% and Telecom + 1,46%.
Juventus aside, the losses are instead fractional and affect Moncler -0,49%; Recordati -0,2%; A2a -0,45%;; Prismian -0,16%.
Outside the main basket, Mediaset rose by 1,4%, despite the shareholder Vivendi having presented a request to the Court of Milan for an urgent provision suitable for protecting the right to participate and vote, with the shares in her name (equal to 9,99 .4% of the voting rights), at the extraordinary meeting of 2019 September XNUMX and where he would like to express himself against the reorganization decided by the Biscione, i.e. the birth of the Dutch holding company, the starting point for a European TV hub.
