The banks, with the wind in their sails, are pushing Milan and Piazza Affari, +0,66%, 23.157 points, is the best in Europe. The other lists closed with mixed results, Frankfurt -0,78%, Paris -0,35%, Madrid +0,02%, London +0,23%. Wall Street is taking a break after the recent rallies and is traveling fractionally down.
A series of factors are putting the turbo on Italian credit securities, including the report by the Bank of Italy that, in November, the system's non-performing loans fell by 5,5% compared to October and by 6,4 .4,78% from a year ago. Thus Banco Bpm take off +4,58%; Entente, +3,98%: Bper +3,16%; Unicredit +2,58%; Ubi +3,44%. Outside the main price list, the best is Mps, +XNUMX%.
The Agnelli house is still well tuned: Fiat, +0,6% closes close to the recent highs, after a bit of ups and downs, while Cnh reaches a new record during the session, to then stop just below, at 12,01 euros per share , +0,5%. Positive insurance with Unipol +2,1% and Generali +2,21%. Heavy day i for utilities, A2a -2,8%; Italgas -1,8%; Snam -2,12%. Profit taking on Pirelli, -2,45%. Sales on Luxottica -1,94% and Moncler -1,91%. Out of the main basket, the palm of the worst goes to Brunello Cucinelli, -6,57%. In addition to profit-taking after the recent run, weighing on the shares is the news of the placement of 6% by Fedone, the holding company of the president and CEO, at 26 euros per share.
The oil stocks moved little, although the black gold remains in gear. Brent rounds off gains by 0,55%, 69,2 dollars a barrel, while WTI returns to 2014 levels and is currently up 0,68%, 63,39 dollars. US crude inventories down, based on the weekly data.
Gold appreciates by 0,3%, approximately exceeding 1316 dollars an ounce. The precious metal is driven by the weakening of the greenback, after the news according to which China has recommended to slow down or block the purchases of Treasuries, the Treasury bonds in the United States.
The euro therefore appreciates against the dollar and returns to the 1,197 area. In terms of foreign exchange, virtual currencies continue to amaze with special effects. The protagonist of a new boom is ethereum, which first reaches an all-time high of 1417,38 dollars, then slows down slightly. In one year the lunar performance is +13.000%.
Returning to earth: the Chinese move increases the yield on T-Bonds, which is approaching 2,6%, on the highest since November 2016. All the bonds are affected in the chain. The yield on the Italian 2,04-year bond at 155.70%. The spread with the Bund moved little, at 20 basis points. In the meantime, great success for the new 9-year BTP, issued for 31 billion euro against orders that exceeded XNUMX billion, a sign that trust in our country remains and that the electoral risk does not seem so worrying at the moment.
