The week ended on a high note for the euro zone stock markets, supported in the afternoon by Wall Street which was in turn lapped by a wave of optimism. On the Nasdaq it shines Facebook, +2,15%, with Mark Zuckerberg who, according to the New York Times, intends to put together the messaging infrastructures of WhatsApp, Instagram and Messenge.
The single currency is in tune, rising to around 1,14 against the dollar, while the climate of propensity for risk does not prevent gold from moving upwards, reaching close to 1300 dollars an ounce.
Business Square rises by 1,26% (19.810 points), animated by financial stocks, which celebrate the decline in the spread, on the wings of a more dovish ECB. After Mario Draghi's words yesterday, today the French central banker Villeroy de Galhau reiterates that the European central institute remains committed to keeping the level of interest rates low, in parallel reducing the extent of the stimulus to the economy. The Italian 2,65-year yield falls to 245.10% while the differential with the Bund narrows to 2,78 basis points (-XNUMX%). Among the banks of the Ftse Mib the liveliest are Bper +4,37% and Ubi +3,38%, driven also by the words of the CEO Unipol (+2,35%) Carlo Cimbri: Unipol Banca is ready for the wedding and can merge into a larger group such as Bper, Bpm bank (+2,5%) or Ubi. It still shines Azimuth, +4,13%, on which Banca Akros has raised the recommendation to 'accumulate', while Kepler Cheuvreux has raised the target price to 13 from 12 euros.
Dusting Buzzi, +4,53%, today's best blue chip. It is appreciated stm +4,43%, after the rally on the eve, with the tech sector boosted by some positive results from American chip manufacturers and without however being affected by the below-expected estimates provided by Intel. Well Tim, +1,59%; Vivendi has asked the board of statutory auditors to anticipate the meeting at the end of February.
Sales penalize Ferrari -1,07%; A2a -0,99%; Pirelli -0,79%; Recordati -0,76%; Campari -0,32%.
Outside the main list, the spotlights remain on Mediaset, +3,62%, following press rumors that a European pole of general interest TVs with the German ProsiebenSat1 is closer.
In the rest of Europe: Frankfurt + 1,36% Paris + 1,11% Madrid +0,38%. Weak London -0,14%.
In this session, it seems that no bad news has made or is making any sense. Yet there are reasons for concern. Germany lowers its growth forecasts for 2019 from 1,8% to 1%, according to Handelsblatt online, citing sources close to the government. The reasons for the sharp downsizing are the weak global economic condition and the Brexit impasse. Meanwhile, the confidence of German entrepreneurs is declining and the Ifo index drops to a three-year low.
On the US front, the headaches for Donald Trump could increase, since Roger Stone, historical ally of the American president and adviser to the presidential campaign, has been arrested. The charges brought by Special Counsel Robert Mueller's office are obstruction, witness intimidation and perjury.
In fractional increase the PetroleumBrent +0,59%. $61,45 a barrel.
