Piazza Affari closes on the rise despite a slowdown in the finale: Ftse Mib index +0,45%. Better Frankfurt +1,14%, London +0,8% and Madrid +0,9%. Weaker Paris +0,17%. Conditioning the session was the rebound of the dollar: the euro rose to 1,074 against the greenback from 1,066 at yesterday's close.
The markets, the experts note, are not looking at the increase in the cost of money in December but at the trajectory of rising interest rates, after the publication of the minutes on the last meetings of the Fed and the ECB in October. On the bond market, the two-year bond yields 0,87%, such high yield levels have not been seen since mid-2010
The American Stock Exchange is stuck at the post after having yesterday one of the best sessions since the beginning of October, Dow Jones , Nasdaq and S&P500 are unchanged. Meanwhile, there are new signs of the good state of health of the US economy: new applications for unemployment benefits have dropped to 271 from 276 the previous week. The Philadelphia Fed index settled at 1,9 points in November (against the expected -0,5). The freshman Square, a leading company in smartphone payment systems, flies to the IPO: +24%.
In Milan the Banco Popolare +0,53%. By the end of the year there could be some news on the subject of aggregations, said the CEO Pier Francesco Saviotti yesterday evening, on the sidelines of the ABI meeting. According to Equita, a possible merger with Ubi could result in 566 million in synergies. Assumed a 2 to 1 swap.
Contrast Unicredit +0,18% and Banca Monte Paschi -0,2%. Intesa gains 1,9%.
Positive day for Fiat Chrysler +1,4%. CNH Industrial +0,56%. PartnerRe shareholders have given the green light for Exor to acquire 100% of the shares, unchanged, for $137,5 each. The board also approved the payment of an extraordinary dividend of 3 dollars tied to the conclusion of the deal.
It shines among the utilities A2A +2,4%. Enel loses 0,4%. Enel Green Power +0,67%. Down Terna -0,7%. The Energy Authority has published the new indications for the calculation of tariffs in the distribution and transmission of electricity. Finmeccanica slows down +0,3%, gaining 2% at the start of the session. luxury bounce, following the decision by the Central Bank of China to reduce the overnight rate to 2,75% while the 7-day rate drops to 3,25%. They benefit from it Ferragamo +2,95%, Tod's +1,55%, Yoox Net a Porter +1,8%. Finally, it should be noted the Campari's historic record +2,93% to 8,26 euros.
