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Germany with zero growth. Unipol shines in Milan

Fourth-quarter German GDP stagnates, but the data does not surprise the Stock Exchanges - In Paris Renault on a roller coaster after the first loss in 10 years - Btp up, oil recovers

Germany with zero growth. Unipol shines in Milan

Zero growth. The first estimate on Germany's fourth quarter GDP a real complaint stagnation of the locomotive of Europe, which recorded a change equal to zero compared to the previous quarter (+0,4% over twelve months). In the Eurozone, GDP in the 19 eurozone countries increased by 0,1% on a quarterly basis in the period between October and December.

The data is not surprising Frankfurt, a slight gain (+0,18%). Basically flat Milano (-0,03%). Contrast the other squares. salt Madrid (+0,50%). TO Paris (-0,17%) two-speed sitting for Renault: departure in the deep red after the company announced its first loss in ten years (-140 million euros, dividing the two-thirds drop to 1,10 euros), robust recovery (+2,80%), after the pdg Clotilde Delbos (in office waiting for Luca De Meo) said, in response to requests for cuts in factories, that "we have no taboos and we do not exclude anything".

Flat London. It loses almost 6% Royal Bank of Scotland, which announced a new strategy that involves drastically downsizing its investment bank and renaming it NatWest.

The futures of Wall Street they anticipate a slow opening also on the US markets. The exchange euro Dollar it is below 1,09 at 1,08407 (+0,02%) not far from the lows of the last two years.

With regard to the coronavirusBeijing reportedly said it was willing to work with experts as part of an international mission to study the epidemic.

The yield of BTP is up modestly to 0,92%. The atmosphere of government crisis after the rift between Italia Viva and the rest of the executive does not matter, at least for now. 2018. In the supplement to the "Public finance, borrowing requirement and debt" bulletin of the Bank of Italy, the November value rose to 717,545 billion euros from the revised 713,273 billion in October.

Breath of fresh air for the Petroleum started its first increase since the beginning of 2020. Brent futures are trading at 56,48 dollars a barrel (+ 3,4% from last Friday), the first weekly gain in six weeks. OPEC+ is considering implementing production cuts of up to 2,3 million barrels per day.

In Piazza Affari, the insurance companies shine, thanks to the exploits of the Unipol group.

Unipol Sai (+3,9%) closed 2019 with 13,26 billion euros in premiums, up from 10,4 billion in 2019. The consensus was expecting 13,5 billion euros. Profit before taxes at €874 million, in line with forecasts. Better than expected the net profit, at 721 million euros. Solvency II at 250%. Proposed dividend of 16 cents.

Unipol (+5,3%) closed 2019 with an adjusted profit of 570 million euros, better than forecasts. Solvency II at 181%. Positive too Generali (+ 0,4%).

The auto sector is weak, after Renault's accounts: Fiat Chrysler + 0,3% Pirelli + 1,5% Brembo -0,8% Ferrari + 0,8%.

To report Cerved (+2,2% to 9,3 euros), among the best stocks of the session after the good quarterly: the consensus gathered by Bloomberg highlights an average fundamental target of 9,93 euros.

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