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China and duties are holding back the price lists. Banks and utilities in the crosshairs

Start of the week marked by prudence in view of the key deadlines of the week – The pound soars – Only Stm rises in Milan among the Blue Chips – Lazio soars after the victory over Juve

China and duties are holding back the price lists. Banks and utilities in the crosshairs

Stock exchanges uncertain at the start of a week full of events. These include the UK elections. In the meantime, the English market yields just under 0,2%, but the GBP, given the forecast of a clear victory for Boris Johnson, champion of Brexit, rises to its highest level for two and a half years.

Also in pale red Business Square (-0,34%), such as Paris. Frankfurt drops 0,12%, advances Madrid (+0,12%). Wall Street futures anticipate a slightly lower start. The S&P500 closed Friday at 3.145 points, less than 1% off its all-time high on booming labor market data. The euro dollar traded at 1,107, on Friday's levels.

The exports of Germany surprisingly rose by 1,2% in October, analysts had expected a drop of 0,3%.

The latest data from China showed exports fell for the fourth consecutive month in November, a sign that the world's second-largest economy continues to feel the effects of the prolonged trade war with the United States.

La eurozone investor confidence it jumped for the second consecutive month on the back of the recovery of Asian economies and growing expectations of fiscal intervention by neighboring governments.

It stabilizes but down the OECD leading indicator for Italy which signals a stabilization of growth "below the trend" in October, in line with the indications of the last four months. The 'composite' index, which anticipates economic trends over a six to nine month horizon, fell to 99,1 from 99,2 in September.

Lo BTP/Bund spread it fell briefly below 160 points to 159 points. It has now returned to the psychological threshold of 160 basis points with the yield on the 1,29-year Italian bond at 0,3%, while that of the XNUMX-year German Bund is at -XNUMX%.

Petroleum slightly retreating from the highs of the last three months marked last week following the OPEC decision to increase the cuts by 500 barrels per day, from 1,2 to 1,7 million. Weighing the decline of Tullow Oil I which hits a 19-year low after the CEO Paul McDade resigned in the face of persistent problems related to the main production assets in Ghana.

Il French finance minister he said he is ready to turn to the World Trade Organization to challenge US President Donald Trump's threat to impose tariffs on champagne and other goods in response to a tax on web companies.

A Business Square profit-taking prevails, justified by the earnings (+26%) accumulated during the year.

Diasorin (-0,81%) since the beginning of the year marks an increase of approximately 74%. Profit taking also on Azimuth (-1,83%) which can boast a growth of 131% over the year. Amplifon loses 0,75% against an annual leap of 85%.

Fiat Chrysler -0,3%. Psa Peugeot's shareholder, Dongfeng, would be willing to reduce the stake, currently 12,3, so as to drop below a stake (5% or less) which makes the green light from the US authorities very likely for the merger with the house Italian-American who controls Jeep.

To report stm (+0,9%), the highest since 2004. Credit Suisse raises its target to 27,50 euros.

Among the banks, Unicredit +0,3%: Goldman Sachs strengthens its buy, bringing the target to 17,50 euros.

The titles of the two Roman football clubs fly off the main list: Lazio + 6% Roma +6%. Juventus +0,5%.

in luxury, sapphire (+5%) bought 70% of Blenders Eyewear: 100% of the company was valued at 90 million dollars. Wednesday is the industrial plan. Moncler -0,8%. Ferragamo -0,7%.

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