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Stock market starts positive with oil and energy

The last session before the holidays is off to a good start: European lists are all positive in the wake of Wall Street – Luxury is also doing well in Milan, while bankers are weak.

Stock market starts positive with oil and energy

After the weak closure of the last two sessions, today Piazza Affari and the European stock exchanges open positively in the wake of WallStreet (Dow Jones +0,96%, S&P 500 +0,88%, Nasdaq +0,65%). 

Starting the Ftse Eb it marks an increase of 0,74% and the FtseAll Share of 0,64%: the luxury stocks, the oil companies with Tenaris (+1,5%) and Eni (+1,26%) and the energy companies are well positioned. Banks, on the other hand, were weak: the worst stock was Ubi Banca (-0,16%). 

In the rest of Europe, Paris rises by 1,22%. Frankfurt is even better with a +1,43%, while London earn 0,89%. In recovery Madrid, which posts an increase of 1,5%. 

On the foreign exchange market, theeuro it strengthened at 1,0934 dollars (1,0972 at yesterday's close) and 132,225 (132,69) , while the dollar/yen ratio was at 120,96 (120,90). 

The price of the Petroleum: February WTI future trades at 36,53 dollars a barrel.

spread between BTp and Bund slightly down below 105 basis points at the start of the session. The yield differential between the 103-year Italian benchmark and its German counterpart is 105 basis points, two less than the XNUMX at yesterday's close.

Also slightly down return of the ten-year Italian to 1,64% from 1,65% yesterday. 

The spread between Bonos and the Bund also fell to 120 basis points from 124 at yesterday's close, with the Spanish ten-year yield at 1,81% from 1,84% yesterday evening.

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