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Btp, good auction and falling rates. Telecom deflates on the Stock Exchange

The European stock exchanges follow the declines of the USA and Japan. Piazza Affari is online while the tension on MPS does not ease. The banks are affected, which sell across Europe after the rumors about a new investigation Sec - FCA on the rise, ready to parade in Las Vegas

Btp, good auction and falling rates. Telecom deflates on the Stock Exchange

The European Stock Exchanges are following the decline of Wall Street and Japan, hit by the Toshiba crisis. Piazza Affari is no exception, while the tension on the Monte Paschi front shows no signs of easing. The Ftse Mib index lost 0,11% just above 19.200 points. Discounts also contained on other markets: London -0,01% Paris -0,12% Madrid -0,23%. More pronounced flexion of Frankfurt (-0,3%).

Rates down, as expected, at the auction of medium-long term bonds, the first to be settled in 2017. The Treasury has placed all 5 billion euros of BTP at 5, 10 and 30 years offered today at auction, with rates down on the highs of 2015 reached in the placement last November. The average five-year yield fell to 0,54% from 0,91% in November and that of the ten-year yield fell to 1,77% from the previous 1,97%. The thirty-year rate (with a residual life of 10 years and maturity in November 2026) is equal to 1,71%. Also assigned Ccteu maturing in 2024 for 1,75 billion euros.

The purchases on deflate Telecom Italy (-0,22%) after the Economy Minister, Pier Carlo Padoan, denied an intervention by the CDP in the capital of the telecommunications company in an interview with Il Sole 24 Ore. Also declining Mediaset which drops by 0,44%. Little move Parmalat (-0,07%) at 2,89 euros, in any case above the price of the Opa Lactalis.

Thanks also to the decline in the dollar, the price of oil is stable (Brent at 56,3 dollars a barrel, +0,3%). It benefits from the rise of Saipem +1,4% (yesterday +1%). Eni +0,65%. Down Tenaris -0,7%.

In flexion Fiat Chrysler (-0,92%). The company has announced that it will hold a press conference in Las Vegas on January 3 following its meeting at the electronics show - the nature of the upcoming announcements is not yet officially known. According to Banca Akros, it seems obvious that FCA will present the first results of the partnership with Google for the development of an automatic guided vehicle. There is talk of a possible collaboration for the launch of a car-sharing service with self-driving cars in major US cities

Banks down across Europe: the sector index leads the declines with -0,7%. Among the worst in the sector Credit Suisse -1,6% after press rumors spoke of an investigation by the US Securities and Exchange Commission (SEC) into the sale of bonds worth more than 850 million dollars issued by Mozambique through Credit Suisse, the Russians of Vtb Group and Bnp Paribas .
 
They get off in Milan Unicredit (-1,65%) And Understanding (-1,1%), more marked decline for Popular Bank (-2,9%) And Ubi (-2,9%). "We secured savings with last week's decree, the implementation of which will be long and complicated, it's not that we hide it" he declared about Ps the premier Paolo Gentiloni in the press conference at the end of the year.

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