After a positive opening, Wall Street flounders and European stocks slow down in the afternoon. Piazza Affari gains in the end: +0,28%, 22.495 points. Worst stock market title is Creval, which records a further drop of 12,78%, following the conditions of the capital increase communicated yesterday evening. It stands out among the blue chips Moncler +4,11%, which reaches the historic record of 28,35 euros per share, also thanks to its collaboration project with eight creatives.
Flat Frankfurt, +0,06%; Well Madrid +0,3% and London +0,29%; brilliant Paris, +1,11%, above all thanks to Airbus (+10,28%), for the accounts presented and for the recent agreement with Emirates, determined to purchase another 36 super-jumbos.
Wall Street wavers, uncertain about the effects of a recovery in inflation and a possible more restrictive monetary policy than expected by the Fed. Technologists are doing well, Cisco Systems, Apple, Amazon. If the session closes with a plus sign, it will be the fifth in a row, after last week's downsizing. For the International Monetary Fund there is no need to worry about the sell-off seen recently on all markets, because, despite the volatility, conditions are still supportive of growth and the economic recovery will continue.
The session is negative for the Petroleum, due to the increase in US production, which could hinder OPEC's reduction efforts. Brent loses 1,2% and drops to 63,58 dollars a barrel, while WTI slips below 60 dollars for a moment. Stable gold.
Euro tonic on the dollar, in the 1,25 area.
In the bond narrows it spread between ten-year Italian and German at 130.00 points (-1,89%); the yield of the BTP is 2,07%. Meanwhile, the Bank of Italy announces that the public debt, in 2017, increased by 36,6 billion compared to 2016 and reached 2.256,1 billion.
On the Ftse Mib, the biggest increases of the day are for Moncler; Finecobank +2,6%; Ferrari +2,18%; Unipolsai +2,03%; Unipol +2%.
Sales prevail on Bpm bank -1,75%; General Bank -1,7%; A2a -1,4%; Recordati -1,26%; Terna -1,14%.
