Piazza Affari rebounds, +0,72%, and recovers 23.122 points, scoring the best European performance, after the black shirt worn yesterday. Atlantia shines on the main list, +3,69%, following press rumors about a possible entry of CDP into the capital, a prospect that could avoid the revocation of state concessions to the subsidiary Autostrade per l'Italia.
Positive utilities and banks, while on the secondary The spread between Italian and German XNUMX-year bonds is improving even today, stopping at 154 basis points, -3,13%, with the yield of the BTP at 1,24%. On the macro front, however, the decline in Italian industrial production continues (-0,3% month, -2,4% year-on-year), confirming a substantial stagnation which, according to analysts, seems destined to continue with possible repercussions on GDP .
In any case, volatility remains the protagonist on all markets, in this crucial week for tariffs, the elections in Great Britain and its consequences on Brexit, the central bank meetings. Towards the end of trading Frankfurt loses 0,26%; Paris +0,18%; Madrid -0,3%; London -0,3%. Wall Street, after a slightly declining start, is moving positively close to parity thanks to the fact that the Democrats of the House of Representatives have announced that they have reached an agreement with the Trump administration to approve the USMCA, the trilateral trade agreement between the United States, Mexico and Canada, which will replace NAFTA.
In any case, investors remain wary, because US President Donald Trump's impeachment proceedings go ahead and the items that will be put to the vote are abuse of power and obstruction of Congress. According to the chairman of the intelligence commission Adam Sxchiff, who coordinated the investigations of the dem, there is "overwhelming and indisputable evidence, which has left us no other choice". On the other hand, Trump branded the accusations as "ridiculous" and spoke of a "witch hunt".
The other always burning chapter is that of duties with China and a solution doesn't seem imminent, as the December 15 deadline looms. The Wall Street Journal, however, opens a glimmer of hope and speaks of a postponement of the new tariffs by the Americans.
In this context everything proceeds with caution: the euro dollar is slightly in favor of the single currency, but the exchange rate moves within a narrow range, around 1,09. Gold was up 0,14% to $1466,95 an ounce. Oil remains on track, Brent 64,33 dollars a barrel (+0,12%).
in the business square, the queen blue chip is Atlantia, which archives an excellent session despite new searches by the GdF.
Utilities are in progress, with A2a +1,51, Snam +1,35%. Banks in evidence thanks above all to Mediobanca, +2,02%. Good Nexi +1,87%; Recorded +1,69%. Leonardo +1,59%, following a UBS report which raises the judgment to buy and the target price to 12,30 euros.
Azimut recovers 1,48% after the losses of the day before, even if Fitch has cut the rating from "BBB" to "BBB-", due to the recent issue of the 500 million euro bond loan. Sales hit Buzzi -1,8%; Unipol -.69%; Fiat -0,55%; Ferragamo -0,46%.
Out of the main list, the debut is colorless for Sanlorenzo, +0,03%, share of the group producing high-end luxury yachts. Safilo shines, +10,62%, in the wake of the early renewal of the licensing agreement for the Marc Jacobs branded collections of sunglasses and eyeglasses.
Fireworks for Seri, +26,3%, thanks to the fact that the European Commission has approved a subsidy for 427,06 million euros in favor of the subsidiary Fir.
