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Fed effect: European stock exchanges run

The European and Asian markets are promoting the Fed, which has started the gradual process of raising US rates – The euro is starting to suffer from the strengthening of the dollar – Weak oil – FCA, Telecom Italia and Anima fly to Piazza Affari.

Fed effect: European stock exchanges run

Strong opening for European stock exchanges, which align with Wall Street and Asia, in the aftermath of the expected rate hike by the Federal Reserve. Milano salt of 1,76%, Frankfurt + 1,9% Paris + 2% London + 1,3%. 

The Fed effect is also being felt on the Stock Exchange Shanghai: the main index at the end of trading shows an increase of 1,81%, to 3.580 points. TO Tokyo, the Nikkei index closed with a +1,59%, at 19.353 points.

THEeuro, after having fluctuated a bit yesterday on the dollar between 1,09 and 1,10, has begun to suffer from the strengthening of the US currency and this morning is traded at 1,0856 dollars (1,0945 at yesterday's close) and 132,95 .122,435 yen. Dollar/yen at XNUMX. 

Weak the Petroleum, with WTI contracts due for delivery in January down 0,25% to 35,43 dollars a barrel and Brent contracts down 0,37% to 37,67 dollars a barrel.

spread stable at the opening of the day between 102-year BTPs and Bunds of the same maturity. The entry values ​​of the differential, the day after the rate hike decided by the Fed, are similar to yesterday's closing, around XNUMX basis points. Performance to 1,66% for the Italian benchmark.

At Piazza Affari, generalized purchases of all securities. The best increases in the Ftse Mib are those of FCA (+3,32%), Anima (+ 3,01%), Telecom Italy (+ 2,72%), Prysmian (+2,58%, after expansion into Oman announced yesterday) to Snam (+ 2,38%). 

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