Le European stock exchanges mark time on the eve of hour X, or the meeting of ECB in Frankfurt.
Milano it is the worst list -0,9%, Ftse Mib index at 21.543.
The fact that the Bel Paese is the only one in the Eurozone with a negative GDP at the end of the first quarter does not help the Italian market.
Among other Bags London falls by 0,27%, Paris -0,26% Frankfurt -0,2%. Madrid is down 0,57%.
The euro depreciates slightly to 1,360 against the dollar compared to last night's close at 1,362. The BTP moved little at a yield of 2,98% (-1 basis point).
Il Financial Times he writes that negotiations have resumed between Vimpelcom, owner of Wind, and Hutchison Whampoa who controls "3" in view of a merger that would have major (positive) effects on the Italian market.
Go on like this Telecom Italy +2%. CEO Marco Patuano reiterated that Tim Brazil will only be sold in the face of exceptional offers.
Worst blue chip is World Duty Free -3,7%: the news that Dufry, already interested in buying Autogrill's sister company, has concluded the acquisition of the French Nuance weighs on the stock.
The banks are all down: Unicredit -1,4%, Intesa -1,4%, Monte dei Paschi -1,4%, Ubi Banca -3%, Banco Popolare -2%.
Back off Fiat -1,8% dfter the bad data on car sales in Italy in May (-11%).
Pirelli down 1,5%, Cnh Industrial -1,3%.
Also down among the industrialists Finmeccanica -1,3% and StM +0,2%.
Of note is the rebound of Enel +0,8% after the promotion to Strong Buy of the American broker Raymond James.
Down Eni -1,4%, Saipem salt +0,8%.
Among the small caps, Txt e-Solutions -2%, Acea -2,8% falls.