Positive closing of the week for Business Square, +0,47%, 21.892 points, trailed by Leonardo +4,53% and Ferrari +3,2%. The other European Stock Exchanges are slightly behind: Frankfurt +0,36%; Paris +0,43%; Zurich +0,41%; London +0,11%; in red Madrid, -0,32%.
Wall Street, after a tepid opening, is in green, despite the partial disappointment of the quarterly accounts of three major banks: Citi and Wells Fargo are disappointing, while JP Morgan is better than expected. The preliminary index on US consumer confidence prepared by the University of Michigan fell more than expected, c 97,1 from 98,2 final in June. Furthermore, the Chinese trade surplus with the States hits a new record. Despite this, the markets are optimistic and seem confident in the resumption of dialogue between the two superpowers, thanks to the fact that the Chinese have lowered their tones after the US announcements on new tariffs. Even US Treasury Secretary Steve Mnuchin appears well disposed and declares that the two super powers could restart talks on this front.
Il dollar curbs his appetite a little in the afternoon and the cross with theeuro it is stable around 1,166. In any case, the weight of the greenback weighs on gold, which remains weak at around 1242,4 dollars an ounce. Instead, the Petroleum, Brent type at 75,53 dollars per barrel (+1,45%).
The Italian bond did well, with the 2,56-year yield falling to XNUMX% and lo spread with the Bund at 227.80 points (-3,76%). Late in the evening, the pronouncement of the Dbrs on Italy's sovereign rating, today 'BBB (high)' with a stable trend, and that of Fitch on Spain are expected.
In Piazza Affari the best blue chip of the session is Leonardo, in the wake of the decisions of the NATO summit in Brussels in which the increase in military spending of the alliance countries was reaffirmed and thanks to the c44 million euro contract with the Guardia di Finanza, for the supply of an ATR 72MP and related services. The contract, stipulated following the awarding of a European tender, also defines subsequent options that would bring the total value of the agreement to around 250 million euros.
Splendid Ferrari, with Edge Research recommending the stock as 'Overweight' and indicating a target price of 130 euros (currently 122,15 euros).
Money up Atlantia +2,5%; Moncler +2,17%; Banca Mediolanum .
Sales are still sinking Telecom -1,3%. Saipem, -1,21%, after the recent increases. Down Campari -0,82%; Mediaset -0,76%; A2a -0,62%.
Out of the main basket cucinelli, +5,82%, reaps the benefits of a good half-year. Exceptional performance for Technogym +5%; dates back there Juventus + 3,14%.
SullìAim finally registers a new debut in great style: Portobello + 15,91%.
