Final of sprint week for the Stock Exchanges European. Macro data (inflation lower than expected), the decrease in tensions on the Brexit front, news from Beijing on tariffs and the slowdown in crude oil, after the flare-up in recent days, contribute to favoring the record performance.
Piazza Affari rises by almost one percentage point beyond the 21 points in line with Frankfurt, Paris +1% and Madrid. London was also positive +0,7%. The Eurostoxx 50 index +1,2% marks new highs since the beginning of October. Wall Street futures are also positive, gaining about half a percentage point.
The spread at 240 basis points is under control, -1 basis point. 2,49% XNUMX-year yield: Moody's rating update isn't scary.
No surprises from inflation in Europe and markets remain anchored to the plus sign. The consumer price index in the euro area in February, according to the final reading, rose by 1,5% year on year, in line with forecasts.
The euro trades at 1,131 against the dollar, up slightly The euro-sterling cross, after five days of very large daily movements, due to the convulsions of Brexit, seems to want to stabilize: the exchange rate this morning is 0,853, unchanged, on the lows of the last two years.
Slow down the march of oil: Brent - 0,4% at 67,9 dollars a barrel. Société Générale this morning raises its medium-term forecasts on North Sea crude oil by five dollars to 70 dollars a barrel: the average price target for the third quarter.
The title goes up Eni +0,9% after the presentation of the 2019/22 targets. The group will invest 8 billion euros in 2019 alone, a year that will see the dividend rise by 3,6% to 0,86 euros per share and a 400 million buyback. Stable Saipem +0,12%. Tenaris +0,5%.
Avanza Juventus +4% and an upward suspension after the draw in Nyon: the next opponent in the Champions League will be Ajax.
Extends its rise Stm +2,4% which benefits, together with the entire European sector, from the better than expected results of the American manufacturer Broadcom and from China's openness on patent protection.
Leonardo +2%, extends yesterday's spectacular +13%.
Takes flight Autogrill +6,6% after the accounts.
There is no shortage of discounts: Diasorin -2% after the accounts.
Brunello Cucinelli -7%, published the final data for 2018, in the second half of the year, the Ebitda margin stood at 17,2%, 10 basis points less than the same period of the previous year. The company said in the statement that it expects significant profit growth in 2019.
Plus sign for the rest of the fashion industry: Moncler +1%. Salvatore Ferragamo +1%.
Automotive is positive. Well Brembo +1,97%, Pirelli +1,75%, Fiat Chrysler +0,5%. In 1,149 million passenger cars were registered in Europe in February: -1% year on year.
Check the banks. The sector index is positive, but individual stocks are crowded at the bottom of the index. Bank Bpm -0,9%.
Generals +0,4%. Société Générale has an aggregate potential and through financial instruments holding of 4,98%.
