Colorless seat for European stock exchanges, which in the afternoon, thanks to the good start of Wall Street, still manage to get back on top. London unchanged, Paris loses 0,34%, Frankfurt -0,07%.
Mario Draghi tried to reassure the markets and explained that the Eurotower has not yet intervened to fight the drop in the price level because no risks of deflation have materialized.
The best European Stock Exchange is Milan, with the Ftse Eb which recovers, after two negative sessions, 0,61%, to 18841, followed by Madrid, +0,49%.
In Use the drop (from 339 to 323, to a two-month low) in weekly requests for unemployment benefits stands out. After three sessions down, the Dow Jones and S&P indexes rise by 0,5%, the Nasdaq advances by 0,9%.
General Motors is on the rise (+3,2%), after the announcement that the US government will definitively exit the capital by the end of the year, ahead of schedule. Ford +1%.
They have been in Milan the banks to hold the limelight: Unicredit + 2,04% Understanding + 2,3% Mount Paschi + 0,46% Ubi +1,96%. The government decree on the revaluation of the shares in the Bank of Italy's portfolio (value between 5 and 75 billion) was on the agenda for today, but was postponed to Tuesday pending a letter from the ECB. Intesa Sanpaolo owns 44,4% of Bankitalia and Unicredit 22,1%.
As for bpm (+1,46%), Piero Giarda has dissolved the reserve and will present the list for the renewal of the CDS which will see him as the head of the list and therefore as a candidate for the presidency of the supervisory body in the meeting of 21 December.
Other hot topic: the privatizations. The CDM has approved a 10-12 billion plan. Interested shares of Eni, Stm, Enav, Fincantieri, Cdp Reti, Cdp Tag, Grandi Stazione and Sace.
Eni loses 0,44%: the government has decided that, within the privatization programme, it will sell a stake in the oil giant equal to around 3%, from the sale of 3% of the six-legged dog the State should collect around 2 billion euros. Enel+0,85%.
Among the insurance Generali +0,48%: Jp Morgan raised its target price to 21 euros from 20 euros, Overweight recommendation. Fondiaria Sai +1,45%. Cattolica -0,2%, after the purchase of Fata Assicurazioni.
Mediaset it lost 3,61% after Goldman Sachs cut its European media rating to neutral. Pirelli +1,44%, HSBC raised its rating from neutral to overweight, bringing the target price to 13,5 euros from 11 euros.
Among other industrialists, Fiat +0,86%, Cnh Industrial -1,41%. Finmeccanica +0,29%, StM -1,27% after yesterday's +4%.
in luxury, Ferragamo +2,91%. Sharp decline of Poltrona Frau (-3%): the placement with institutional investors of 4,8% of the share capital was successfully completed yesterday.
As Roma earn 9%. Unicredit has confirmed that the company is available to evaluate possible opportunities: the main suspect for the purchase is the tycoon Wang Jianlin, at the center of a whodunit. Bloomberg would have given up publishing an investigation into his links with party leaders to avoid being obscured in the People's Republic.
