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The Stock Exchange applauds the Moncler, Banca Generali, FCA accounts

A busy day of quarterly reports in Italy and abroad. Frankfurt down with Deutsche Bank, Wall Street is off to a good start where Verizon, Facebook and Amazon are running. In Milan the spotlight is on Fincantieri which feels the blow of the stop at Saint Nazaire. Banks under pressure. Strong euro, oil up over 51 dollars

The Stock Exchange applauds the Moncler, Banca Generali, FCA accounts

Europe closes in no particular order, while Wall Street opens at record highs and travels compactly in positive territory, with the Nasdaq launched at full throttle.

Piazza Affari stops up 0,26%, 21.634 points, prey to a swirl of corporate accounts. The excellent results crown Moncler queen of the list, + 4,98%. Shy instead Fca, -0,1%, which archives iThe first half of 2017 with growing operating revenues.

Fincantieri, -2,61%, she lives another day on the high seas, tossed on the list by the winds from beyond the Alps. Today the French have decided to exercise the pre-emption and to nationalize Stx France, in order to have more time, this is the motivation, to deal with the Italians.

The other European markets: Madrid +0,26%; modest reductions for London -0,12% and Paris -0,06%; weaker Frankfurt -0,76%, weighted by Deutsche Bank, which manages to lose more than 6%. The profit of the German giant improves, but the CEO John Cryan warns: "Profitability is below our aspirations in the long term".

Wall Street never ceases to amaze and expand earnings, supported by a battery of overall positive corporate results. Of note is the leap of Facebook in the wake of the quarterly published yesterday, while Amazon pushes on the accelerator even before revealing its accounts and Jeff Bezos overtakes Bill Gates, snatching the Scrooge scepter of the world in the Bloomberg Billionaires Index. Things are not going so well for Twitter, penalized by the results.

The euro slides by 0,7% against the dollar, cross 1,166. The the greenback went down yesterday, with the Fed's words sounding more dovish than expected. The US central bank left the cost of money unchanged and announced the start of the process of reducing its asset portfolio in a "relatively short time". For inflation, he cited the recent decline, both in the general index and in underlying prices.

Oil still gains some ground: Brent $51,4 a barrel, +0,59%. Gold, after a surge linked to the weakness of the dollar, falls back to 1257,8 dollars an ounce, -0,26%.

On the secondary side, 10-year BTPs are not shaken: the yield drops to 2,09%; the spread with the Bund remains more or less stable at 156.10, +0,19%.

In the business square Moncler also leads Yoox upwards, +3,23%. Effervescent financials, after results better than expected: Azimut +3,06%; Banca Generali +2,77%; Banca Mediolanum +2,56%. Brilliant Prysmian +1,19%.

Sales instead hit Tenaris -1,31%; Saipem -0,81%; Terna -0,7%; Cnh -0,66%; Buzz -0,59%. Flat Telecom, -0,06% after the gains of the last few sessions.

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