The wind on Wall Street, after having awakened the Asian Stock Exchanges (Shanghai +5%) has also electrified the European lists. TO Milano the Ftse Mib index gains 2,2%. Paris +2,4% and Frankfurt + 2,5%.
Last night, Wall Street scored the best session for almost four years. Dow Jones +4%, S&P 500 +3,9% and Nasdaq +4,2%.
After William Dudley, president of the New York Fed, cooled fears about a rate hike already in September, the market awaits the data on US GDP in the second quarter with greater tranquility.
THEeuro weakens against the dollar again to 1,1290 from 1,131 at the close.
It narrows it spread to 123 basis points, above all due to the weakening of the Bund, whose yield is 0,72% (+2 basis points). The BTP trades at 1,96%.
Full success ofTreasury auction: all 6,75 billion 6-month BOTs offered at auction were placed at a rate of 0,07% against 0,13% at the auction at the end of June.
Il Petroleum WTI climbs 4% to $40,2. Brent is close to 45 dollars.
Eni earns 2,7%, Saipem 3,2%, Tenaris the 3,2%.
Leap into Piazza Affari by Mediaset (+4,3%). This morning Mediobanca raised the rating on the Alfa stock to Outperform from Neutral, an invitation to buy justified by the sudden drop in the stock in the last two weeks, the target price however dropping to 4,96 euros from 5,15 euros.
Fiat Chrysler +2%. The company does not need to join forces with other car manufacturers at all costs, it can do it on its own, CEO Sergio Marchionne told the group's dealers yesterday at a meeting held in Las Vegas.
The other industrialists are also to the rescue. Finmeccanica +2,1%: the reorganization program should accelerate in September. StM salt by 2,4%, Prysmian 1,6%
Effervescent insurance companies. Generali is up 1,5%: the rating agency Fitch upped the ante on bonds issued by the insurance company. Catholic + 2%. Azimuth + 1,8%.
Banks are doing well too: Understanding + 2,2% Unicredit +2% and MontePaschi + 3%.
The luxury companies are positive. Brunello Cucinelli +3%. Yesterday evening the company presented the final data for the second quarter: Ebitda rose by 15% year on year to 14,2 million euros. Yoox + 2% Ferragamo + 3,5%.
Finally the utilities: Enel + 2,4% A2A + 1,8% Snam + 1,3%.
