European stock exchanges gain momentum afterwards the positive data on employment in the USA and the dollar raises its head, appreciating against the main currencies. The cross between the euro and the greenback returns to 1,756, -0,96%.
Piazza Affari closed up 0,65%, 21.935 points, at its highest since the beginning of the year and close to 22.000. In particular, the quarterly data, better than expected, trigger purchases on Bper, +6,04%. In the Old Continent Paris dominates, +1,42%, followed by Frankfurt +1,18% and Madrid +1,04%. London is more cautious, +0,49%.
Wall Street opens in tune, dragged into startup by giants like Jp Morgan, Microsoft and Goldman Sachs and led by a Dow Jones setting yet another historic record. Currently all three price lists are traveling quickly, despite the new political turmoil linked to Russiagate. Data from the Bureau of Labour, relating to the month of July, in fact show that the world's leading economy is in excellent health and close to full employment. Based on this premise, the Fed should be able to start its balance sheet reduction program and move towards an interest rate hike in December.
The rise of the dollar slows down gold, -0,9%, 1257,1345 dollars an ounce. Oil fluctuates, which then turns to the good: Brent +0,67%, 52,36 dollars a barrel.
On the Italian secondary, the 10-year BTP returns to a yield of 2,02%, while the spread with the German Bund is unchanged at 153.10. In the share market, some banks shine, in particular Bper in the wake of the accounts and the promotion of Citigroup, from "hold" to "buy".
Purchases on Banco Bpm +2,39%. Reuters writes that the bank will sell Aletti to Anima for 700 million, plus payments of 400 million, of which 250 for distribution of Aletti's excess capital and 150 for delegated insurance management assets. Intesa +0,69% and Unicredit +0,39% were positive. Above Ubi parity +0,15% and weak Mediobanca -0,19% after accounts, as well as Banca Carige -3,12%. In asset management, Finecobank stands out +1,63%. Ferrari's new sprint +1,36%. Luxottica also performed well +1,72%. At the top of the Ftse Mib are Madiaset +2,03%; Unipol +2,32%; Salvatore Ferragamo +2%.
At the bottom of the Campari basket -0,97%; Stm -0,68%, with Ubs lowering its rating from "sell" to "neutral"; Moncler -0,31%.
