Gallop Business Square accelerating in the finish up to +2,44%. It falls, or rather it fallseuro to 1,146 on the dollar from 1,161 at the close, a new low in the last 12 years. The single currency also depreciates against the franc to 0,988 (-1%).
Meanwhile the BTP ten-year interest rate at 1,57% (-11 basis points), lo spread with the Bund it drops to 110 basis points, the lowest since May 2010 after thrilling swings.
The Spain-Germany differential drops below 100 basis points to 97 for the first time since 2010. Here are the first, significant consequences of the ECB revolution. The main reaction concerns the banking sector.
In the Italian list, the main bank recipients of the operation have accelerated. Unicredit salt by 3,7%, Understanding the 2,1% MontePaschi by 3,31%. Among the popular ones, Banca Popolare dell'Emilia Romagna + 4,73% Banca Popolare di Milano+ 3,06% Where's Banca + 1,9% Pop. Etruria + 13,31%.
Among the insurance companies, it stands out Catholic (+ 8,66%). Generali +1,78% ed UnipolSai +3,24%. Oil falls, theEni salt by 2,23%. Saipem +4,37%, is the best stock in the Eurostoxx 600 index. Tenaris + 2,2%.
Brent-type oil trades at USD 49 a barrel, down 0,4%. Enel advances 3,35%, supported by the promotion of Rbc to Outperform by Sector Perform. They also advance Mediaset (+ 2,41%) and StM (+ 2,25%).
Among the few losers of the day the luxury sector: Salvatore Ferragamo loses 0,95% after Société Générale cut the rating to Sell. Tod’s -1,64%.
