After the great leap forward yesterday afternoon, the stock markets are on standby awaiting the publication of the most important macroeconomic data of the week: the change in employment in the United States.
A Milano the Ftse Mib index fell by 0,10% to 21.387. Frankfurt fluctuates around parity, Paris -0,15%. Alone Madrid advances (+0,24%). The exchange is also unchanged euro/dollar at 1,294: the European currency at its lowest in the last 13 months.
The fluctuations in government bonds are far more significant. The yield of BTP 10-year trade at 2,31%, down 3 basis points, a new all-time low. The spread slips near the lows of the year at 134 basis points.
Among the positive notes the increase of German industrial production by 1,9% in July, the largest monthly increase since March 2012.
Great expectations for the hoped-for breakthrough of the Ukrainian crisis: yesterday President Poroshenko and the leader of the pro-Russian rebels announced for today a ceasefire order, provided that an agreement is reached on a new peace plan that will put an end to the violence in the country.
The banking sector is still on the fence in Milan. Citigroup this morning raised the rating of Italian institutions which, according to the US bank, do not have to fear the next Aqr: Unicredit, Understanding, Mediobanca e Ubi are the preferred institutes.
Intesa Sanpaolo it rose by 0,8% on the indications of the US broker who raised the recommendation to Buy from Neutral and added the stock to its Focus list Europe. Unicredit + 0,1% Banco Popolare + 1,1% Popular Milan + 2,3% Where's Banca + 1,3% Mount Paschi -0,1%.
Between insurance Generali -0,9% UnipolSai -0,6%. Cattolica Insurance +1,4%: Carlo Tassara, a company headed by the Franco-Polish financier Romain Zaleski, sold the entire stake in the insurance company. There are 837.339 shares, equal to approximately 1,5% of the capital.
Among the blue chips he retreats Fiat (-0,5%). The market evaluates the impact of the sales of treasury shares (partly residual of the redemption rights) which will be carried out after the listing on Wall Street.
Also in the spotlight is the forthcoming release of Luca di Montezemolo from the top management of the Ferrari. Sergio Marchionne will also assume the position of CEO of the Reds (John Elkann president) to underline to US investors that the Maranello house is part of FCA, which has no intention of selling
Back off Eni -0,7% Saipem +0,4%. On the rise Finmeccanica (+0,5%). Same change for the subsidiary Ansaldo Sts. The company has been awarded a contract worth a total of 292 million euros for the construction of the new urban and suburban system in the city of Aarhus, Denmark.
