Milano the other main ones are also up 1,7%% and positive European stock exchanges, albeit with more contained earnings: Paris +1,53%, Frankfurt +0,37%, London +0,66%. The markets are looking to the elections of the President of the Republic and to the Italian political situation but also to the G20 from which the operators expect the confirmation of the liquidity policies. On the macro front, the prospects of a rebound in China for the next few months are helping, while the US quarterly results continue to give mixed results. If Google and Ibm have disappointed expectations, Microsoft and GE have beaten estimates and Wall Street is now looking to the macro data of the real estate sector arriving in the afternoon.
From the ECB, after the words of Mario Draghi who ensured that the Eurotower is studying the problem of business financing, Yves Mersh, member of the board of the ECB, stated in an interview with Il Sole 24 Ore, that to get credit to small and medium-sized businesses back in motion, it is necessary to relaunch the securitisations, including by applying less stringent capital requirements for bankse.
Btp-Bund Spread little moved on 297 points. Purchases today favor banks and raw materials. Piazza Affari is in fact driven by the banking sector, led by Banco Popolare +6%, Mediolanum +4,9%, Bpm +4,7%, while tension increases among shareholders in view of the meeting on 27 April. Only Prysmian -1,10% and Lottomatica -0,49% are in the red on the Ftse Mib.
Pounce Rcs +2,36% after the agreement was reached overnight with the CDR on the savings plan: the agreement provides for 70 redundancies in 4 years, against the 110 redundancies out of 335 journalists foreseen by Scott Jovane's plan.
Telecom salt by 0,17%. Today Patuano assured that "there is no stalemate" in the process of separating Telecom Italia's fixed network.
