European stock exchanges close in the red worst week in the last six months, (FTSEurofirst300 -1,36%) thanks to the crash of Deutsche Bank (about -6%), after the presentation of disappointing accounts. Frankfurt -1,68%; Madrid -1,81%; Paris -1,09%; London -0,63%.
Piazza Affari, which at times managed to contain losses during the octave, today gives way to sales and stops down 1,44%, 23.202 points. Only two titles are saved on the Ftse Mib: Ferrari +0,58%, which suffered no setbacks after the publication of the accounts and Thursday's 7% jump, e Mediobanca +0,59%. Worst blue chip is Tenaris -3,17%, with black gold subject to profit taking.
Wall Street opens down and the Dow Jones breaches the 26.000 point threshold, achieved a few weeks ago. Sales are focused on companies with disappointing quarterly results, such as Exxon e Chevron they go down A e Apple and Amazon flies thanks to a quarter with earnings exceeding a billion. The rise in bond yields contributes to weakening the stock. The idea is strengthened that in 2018 rates will be raised faster than expected and this due to a recovery in inflation, estimated by the US central bank and confirmed by hourly wages which, in January, made the largest annual jump since June 2009.
Dizzying collapse for the cryptocurrency market, with Bitcoin Ripple and Ethereum posting double-digit losses, hitting their lowest since last year.
In the slipstream the dollar and the cross with the euro at the moment it is moving in the 1,244 area, down by 0,5%.
Il Petroleum today it is in the crosshairs of speculators: Brent -2,14%, 68,16 dollars a barrel. Despite the timid appreciation of the dollar, their reduces earnings for the period and falls to 1331,34 dollars an ounce (-1,28%).
They increase the yields of European government bonds. The BTP ten-year, +2,13% and lo spread with the Bund it jumped to 137.10 basis points (+7,78%). The differential between Treasuries and Bunds on the ten-point section also widens years, reaching around 215 basis points from around 200 at the beginning of January.
On the Ftse Mib Mediobanca stands out, taking advantage of the news that the ECB has authorized the internal risk management systems. The banking sector for the rest closes in contrast: they are saved in parity Bper e Bpm desk, they go down Unicredit -1,13% Understanding -0,73% where -0,94%. Well Ferrari, after the accounts and forecasts, with the analysts who today express their opinion on the title. stm -2,99%, suffers in the wake of the Apple customer; Recordati -2,46%; Moncler -2,43%; Cnh -2,24% after yesterday's excellent performance. Bad Leonardo -2,33%. One more bad session for Telecom -1,14%. Utility below.
