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Germany and the USA give impetus to the Stock Exchanges

In addition to the Fed's decision to postpone the rate hike, the German Ifo index is also supporting the price lists - Buzzi and Eni rise in Milan, Mediolanum, Bpm and Mediaset also do well - The Russian stock market rebounds, ruble volatile - Brent returns above 63 dollars a barrel – The markets are now looking at the meeting of the European council scheduled for the afternoon.

Germany and the USA give impetus to the Stock Exchanges

After the Fed's decision to postpone the US rate hike to mid-2015, European stock markets are on the rise, also supported by the rise in theGerman Ifo index. In December, the indicator that measures entrepreneurs' confidence went from 104,7 in November to 105,5 in December, in line with analysts' estimates. 

In the middle of the day Frankfurt earns 2%, Paris 2,46%, London 0,98%, Madrid 2,5% and Milano 1,89%. The BTP-Bund spread is down further to 133 points. 

In Milan, oil and stocks rebound, penalized in recent days by the Russian currency crisis. Buzzi Unicem rises by 4% and Eni by 2,8%. Well too Mediolanum (+ 2,9%), bpm (+ 2,7%) and Mediaset (+2,7%). In red among the blue chips for now only two titles: Campari (-0,98%) And Ps (-0,19%).

Ansaldo it rose by 3,98% on the day in which the Board of the parent company Finmeccanica (+1,48%) could evaluate the Chinese offer on the group's transport division. A new freshman has landed on Aim: Giorgio Fedon & Sons which produces cases and accessories for glasses and other leather goods, and is already listed on Euronext Paris. 

La Russian stock exchange rebounds, with the Micex gaining more than 6%, while the ruble continues to be volatile. The Russian currency strengthened in anticipation of the Putin's press conference to then return to weaken against the dollar and the euro.

"There are questions about the government and the central bank relating to the timeliness and quality of the measures - said Putin, who defended the work of the Russian central bank - but generally speaking, the actions are absolutely adequate and in the right direction". Putin said the central bank shouldn't use reserves to protect the ruble.  

Il Brent it rises about 3% above 63 dollars a barrel.

In Greece we look at the new vote for the President of the Republic after the first round of electing the new President of the Greek Republic ended in stalemate. Government candidate Stavros Dimas, a former European commissioner, obtained only 160 preferences out of the 180 he needed to be elected.

Markets are now looking to the meeting of European Council on the agenda in the afternoon and at the opening of Wall Street. Give him Use several macro data are arriving: weekly jobless claims, December Markit PMI services (preliminary), November leading index, December Philadelphia Fed index.

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