The clearing in the international skies and the favorable economic climate also bring the sun back to business square, which today recovers the role of first class and closes up by 1,75% beyond the threshold of 22 points (22.202). Titles such as fca (+ 5,67%) and Telecom (+5,95%), but also the banks, which rebound after yesterday's slide. The other European price lists are less effervescent: London +0,43%; Frankfurt +0,19%; flat Paris +0,06% and Madrid -0,04%.
Wall Street opens well in tune, thanks to signs of détente between the two Koreas and the growing pressure against the tariffs proposed by President Donald Trump, but at the moment it travels mixed with the Dow in red.
Euro in return, with the exchange rate against the dollar at 1,24. Among the raw materials the Petroleum takes a breather, after recent gains, with Brent at 65,45 dollars a barrel, -0,14; gold appreciates, at 1337,88 dollars an ounce (+1,35%).
Session in recovery for the Italian card, which however remains rather volatile. The spread between 10-year Btp and its German counterpart it drops to 132.60 basis points, -2,57%, while the yield remains unchanged at 2%. In the meantime, expectations are declining for the meeting of the ECB's governing council scheduled for Thursday in Frankfurt, because economists believe that it will not lead to significant changes in the communication strategy. It is speculated that a change to the forward guidance on asset purchases could be postponed to the June meeting.
As far as Italy is concerned, today's picture suggests that the shock for the electoral result, if there ever was, is temporarily overcome by a series of good news, such as the fact that the economic scenario will remain favorable also in Italy . "In a positive international economic scenario characterized by the improvement of international trade - reads the monthly note of theIstat – the Italian economy maintains an expansive profile”.
Furthermore, in Piazza Affari a series of news ignites interest in heavy stocks. For fca the surge comes with the words of Sergio Marchionne from Geneva, but already in the morning the interest was ignited with the promotion of Moody's, which raised the corporate family rating (cf) to Ba2 from Ba3 and the rating on bonds issued or guaranteed by the group from B1 to Ba3.
Sitting on shields for telecom, while the board meeting was underway, for the approval of the 2017 accounts and the 2018-2020 plan prepared by the managing director Amos Genish. However, it is above all the news that theThe American fund Elliott Management would be raking in quotas on the market and has already purchased 6% of the capital, with the aim of presenting its own industrial plan and launching the challenge to Vivendi.
Among the stocks with the greatest increases also Finecobank +4,12%; Buzzi +4,17%; Atlantia + 3,74%.
Sales focus on Luxottica, -1,77%, which is not rewarded egr the purchase of 67% of Fukui Megane, one of the main Japanese manufacturers in the Fukui district, specialized in the creation of fine eyewear in titanium and solid gold. Undertone the fashion titles, such as Ferragamo, -0,91% and Moncler -0,49%. Among the oil companies, Eni dropped 0,51%.
