The Bull timidly reappears in the limelight of Milan after the launch of the Maneuver. The price lists are also useful rebound in Wall Street futures. Wall Street futures rise anticipating a rebound after yesterday's weak close: Nasdaq futures +0,6%, S&P500 +0,40%, Dow Jones +0,30%.
Business Square at 13 it marks +0,28%.
Stock market latest positive news also for bonds
Also on the bond front, the Italian market reports a positive end of the year: il ten-year BTP trading at 4,59%, down from yesterday's final 4,65% when it reached its highest since the end of October. The spread with Germany on the same stretch it is worth 210 cents, remaining on a value close to that of the day before. Yesterday the Treasury confirmed that it forecasts total medium-long term gross issues for next year of 310-320 billion euro, with a new requirement forecast at around 90 billion.
Il Treasury Notes at ten years it is at 3,84%, on the maximum for five weeks. Markets are now pricing in a 69% chance of a 25 basis point rate hike at the February Federal Reserve meeting and estimate US rates will peak at 4,94% in the first half of next year.
Wall Street is also preparing for a higher opening
Tesla +3% in the preborsa. Morgan Stanley argues that the fall in the share price has created a buying opportunity. Analyst Adam Jones confirmed the Overweight rating, while cutting the target price from $330 to $250. In recovery Walt Disney +1%. The Way of Water (Avatar Series) Passes the $XNUMX Billion Mark in Global Grossing Two Weeks After Release.
Saipem shines in Piazza Affari, spotlights on the summit for Telecom Italia
In Business Square few stocks emerge from the gray of a flat day characterized by light trading. Lead the race Saipem +1,73%, one of the most vibrant stocks in the last quarter. The request for anti-Covid swabs raises Diasorin +1,6%.
Another “hot” topic concerns Tinexta +4,3% which signed a binding agreement for the acquisition of 20% of Defense Tech Holding for 25 million euros.
After a break, the upward run of Juventus +4,5%, always supported by the expectation of speculation for the forthcoming launch of a takeover bid.
Operators are looking at the umpteenth with moderate interest government/shareholder summit on the future of Telecom Italia +0,32%, even if it is unlikely that, as Minister Urso hopes, an agreement on the single network can be reached. The positions of the main shareholders, CDP and Vivendi, are still distant. In detail, according to rumors, the Cassa, supported by the advisor Credit Suisse, would push for the sale of NetCo (the company that controls the network and Sparkle), revisiting the scheme envisaged by the Memorandum of Understanding. He would value the network at most at 19 billion, a level that shareholder Vivendi would estimate too far from his own indications of 31 billion.
A slight increase in the banking sector Unicredit +0,23% in pole position for the purchase of Credimi, the platform specialized in loans to small and medium-sized enterprises and micro-enterprises. A meeting of the fintech shareholders has been convened for tomorrow to make a final decision.
Salt too Bpm bank +0,21% The CEO Giuseppe Castagna confirms the guidance released on the occasion of the quarterly report of an earnings per share of around 45 cents on 2022 and over 60 cents per share on 2023.
The price of European gas rises again, Pnrr reaches its targets
After a fractionally declining start, the gas price on the Amsterdam market, it reverses direction. Methane futures, the reference for Europe, for delivery in January rise by around 5% to 85 euros per megawatt hour.
The minister dedicated to relations with the EU e PNRR, Raffaele Fitto, confirmed that to date all 55 objectives envisaged in the implementation plan of the PNRR have been achieved in order to obtain the third tranche of 19 billion.
