The thud of FCA, -5,98%, sends Piazza Affari into deep red, -0,99%, even if the Ftse Mib holds the threshold of 22.000 points (22.133). The other continental lists were also weak, starting with Madrid, -0,74%. The central government's ultimatum to Catalonia expired this morning, but the situation he made no progress and on Saturday article 155 of the Constitution will be triggered to suspend the autonomy of the region.
Frankfurt fell, -0,41%; Paris -0,29%; London -0,26%. Profit-taking prevails on Wall Street, after the records. Among other things, the losses of Apple and the unsatisfactory quarterly results of Ebay and American Express weigh heavily. Thus New York is starting to celebrate, with a slight decrease, the thirtieth anniversary of "Black Monday", when the blue chip price list lost 22,6% in a single day.
The euro recovers ground against the dollar and moves to the 1,184 area, while the ECB meeting of 26 October is approaching, from which news on QE is expected. Speaking of central banks, on the US front, President Donald Trump should meet Janet Yellen today, in view of the appointment of the next Fed governor.
After the weakness of the last few sessions, gold recovered and rose to 1288,295 dollars an ounce (+0,57%). Oil retreats. Brent $57,24 a barrel, -0,97%.
Positive session for Italian bonds, with the 2,02-year yield falling to XNUMX%, while the spread with the Bund remained stable.
In Piazza Affari the heaviest title is Fca, which drags the whole Agnelli galaxy with it: Ferraris -1,46%; Exor -2,24%; Cnh -1,18%. Juventus also lost 3,18%, despite yesterday's victory in the Champions League.
The deep red of the Turin giant would have been triggered in the morning by the important sales of two institutional investors and by a report by Goldman Sachs which is a little less optimistic about the prospects of the auto group, also in view of the quarterly which will be released on Tuesday. The American bank confirms the buy but slightly limits the target price to 25,3 euros. It should be emphasized that since the beginning of the year, the stock has been one of those that has earned the most, with a positive performance of more than 60%.
The climate remains chilly in the banking sector and sales are especially striking Bper, -3,2%, on the day of the board's green light for the merger by incorporation of Nuova Carife into the parent company.
Mediaset sinks -1,81%; Leonardo -2,26%; Saipem -2,3%.
Instead, it ranks at the top of the list Unipol +1,89%, with JP Morgan which has started hedging the stock with an overweight assessment and a target price of 5 euro. Unipolsai also did well, +1,39%. The utilities are positive with Snam +0,81% and Italgas +0,63%. Progress for Atlantia, +0,63%, whose offer is considered by Abertis to be positive but the price could be improved after the counter-proposal by Acs. Benino Telecom, +0,13%, on the day of the meeting between the minister of economic development Carlo Calenda and the CEO of the company Amos Genish. "It seems to me that we can open a new phase, more productive and constructive than in the past - says the minister - we decided to meet as soon as they produced the industrial plan and to see it together". Also for iThe meeting was “positive and productive” for the manager.
