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Curb inflation, stock exchanges in retreat

Consumer prices slow down in the Eurozone – The markets the press conference of the number one of the Fed, Janet Yellen (20 pm Italian time) – Ruble little moved after the new government interventions – The price of oil remains below 60 dollars – In Milan banks, insurance companies and asset management go down – FCA and Stm resist.

Curb inflation, stock exchanges in retreat

brake theinflation Europe, the price lists of the Old Continent are slowing down. This is the figure that emerges from the morning spent waiting for the press conference Janet Yellen (20 Italian time) and the first vote of the Greek Parliament called to elect the President of the Republic.

In Milan the index Ftse Eb it loses 1,63%, to 18.365. London -0,6% Paris -0,4% Frankfurt -0,7% and Madrid -1,06%. 

I consumer prices they marked an increase of 0,3% in November. On a monthly basis, prices recorded a contraction of 0,2%. Excluding energy and unprocessed food, inflation within the single-currency bloc stands at 0,7% year-on-year. 

On the government bond market, the Waist remains at record levels, with the 0,59-year yield at XNUMX%. The BTP it appreciates at 1,99% yield (- 2 basis points): price and yield move in the opposite direction. 

Il ruble is little moved against the dollar at 67,8 after the Russian Ministry of Finance announced that it has begun to sell the rest of the foreign currency funds on the market to defend the national currency. This was reported by the Tass agency. A spokesman for the ministry added that the available resources amount to 7 billion dollars. Prime Minister Medvedev has convened an extraordinary meeting of finance ministers in Gorki. 

The price of Petroleum stay under $60. Eni is down 0,2%, Tenaris -0,5% Saipem -1,5%. Equita has cut its estimates on oil companies. Eni's EPS was lowered by 27%, -11% Repsol, -16% BG Group. Enel falls by 1,4%, A2A +1%.

Banks go down in Milan: Understanding loses 2,9%, Unicredit 1,9%, MontePaschi the 2,7%. 

Generali ed UnipolSai I'm down 1%. Drops the managed: Azimuth is down 3% and Mediolanum by 2,5%. On the rise fca +0,3% and StM + 0,3%. Finmeccanica -2%.

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