European stock markets invigorating at the start of the week, thanks to a mix of positive notes: signals on a possible agreement on tariffs, the easing of tensions in Hong Kong after Sunday's vote, the purchase of Tiffany by Lvmh (+2%) and the confirmation of an improvement, albeit slight, in the German Ifo index (95 against 94,7 points in October). Business Square increases by 0,79% around 23, in line with London, slightly better than Paris and Frankfurt, which mark +0,3% and +0,4% respectively. Madrid ahead by half a point. Wall Street futures are set for a higher open.
On the currency front, the GBP rises by 0,5% against the euro: cross at 0,855. polls barely three weeks after the December 12 vote. The polls, barely three weeks after the vote on December 12, show Boris Johnson as the clear favorite.
The German Bund trades at -0,35% (+1 basis point). The spread Btp/Bund drops to 152 basis points.
On the eve of the first appointment with the month-end auctions (tomorrow's placement of Ctz and Btpei), this evening the Treasury will announce the details of the medium-long term auction of Thursday 28 November.
In Piazza Affari 35 out of 40 blue chips are on the rise.
Avanza Unicredit + 2,2%, after the institution confirmed that it had reached an agreement to reduce its exposure to the Turkish bank Yapi Kredi, the first step towards a complete exit from the country. Unicredit said contacts were made with partner Koç Group regarding a potential evolution of the current joint venture in Turkey. Credit Suisse has raised its target to 14,6 euros while awaiting the industrial plan which will be presented on December 3rd. Lively Bpm and Ubi, supported by the expectation of a merger.
Sale fca +0,94% to 13,49 euros after Peugeot confirmed that it still aims to sign a binding agreement by December.
leap of Prysmian +3,9% after that the Western Link has been taken over by the customer, a step that eliminates all the uncertainties about the project that weighed on the title.
The highways are under fire instead. Sias moves back 2% after collapse of a section of the viaduct Madonna del Monte, about a kilometer and a half from Savona, along the A6 Turin-Savona. It also misses out Atlantia -0,9%. Yesterday the Corriere della Sera wrote that Autostrade per l'Italia intends to cut tolls by 5%, but the company said that is not true.
Positive luxury but without momentum after the agreement for the acquisition of Tiffany by Lvmh. Moncler e Ferragamo they rise by about 1%. Tod's weak.
Mediaset +0,9%. The stock, which had already reacted well on Friday to the prospect of an agreement with the French Vivendi, is now awaiting more concrete signals.
Telecom Italy – 0,6% is down after a few positive sessions.
In the rest of the list it is noted El.En +4% to new all-time high.
