The Treasury has placed all 6 billion euros of Bots at one year to a yield that fell to -0,068%. In this way, even before the conclusion of the ECB directorate, the forecast of a downward trend in interest rates is confirmed. Longer maturities are also down: the 1,4-year BTP yields 116% this morning, with a spread of XNUMX points.
The euro fell to 1,096 against the dollar this morning, from 1,099,
On the macro front, the data on theoccupation. Istat reports that, after seven years of uninterrupted increases, the unemployed fell by 203, favoring the fall in the unemployment rate to 11,9% from the previous 12,7%. Employment rose by 186 units.
While waiting for Mario Draghi's words, the stock lists are not moved: the index is in Milan FtseMib is down slightly (-0,2%). Frankfurt and Madrid rose by a timid 0,1%, Paris and London unchanged.
After yesterday's rally, TLC and the media are slowing down. Mediaset falls by 1,6%. Telecom Italy it is unchanged.
The banks are also weak: Unicredit and Intesa they retreat by 1% and 0,5% respectively. Monte Paschi +0,1%. They miss out Banco Popolare – 2% e bpm -1,2%: the visit to the ECB by the top management did not unblock the merger.
Petroleum down after yesterday's sharp rise: Brent fell by 1,1% to 40,5 dollars a barrel (yesterday +3,5%), Wti at 38 dollars, down 0,7% (yesterday +4,9 .XNUMX%).
Eni retreats by 1%. Saipem +1%: US fund Dodge & Cox reduced its stake in the company to 6,4% from 11,6% on February 29 after the capital increase.
It gets stronger again Enel +0,6%.
Goes down Finmeccanica -1,2% which announced the signing of agreements for a total value of around 120 million euros with Malaysia, Saudi Arabia and Morocco.
Weak Fiat-Chrysler – 0,3%.
Still worth noting are the sales on Yoox -3%. The company closed 2015 with a net profit growing by almost 40% and an EBITDA up by 26%, after filing 1,7 billion of pro forma revenues (+20,8% at constant exchange rates).
Astaldi loses 6,7% at 4,29 euros. After the results published yesterday, BNP Paribas analysts this morning cut the target price of the stock by 20% to 5,5 euros.
