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The stock market celebrates the Draghi government and the spread drops to 91 points

Piazza Affari celebrates Draghi in advance who is preparing to dissolve the reserve and illustrate the new government team - And the Btp-Bund spread falls below the 90 basis point threshold and then rises slightly

The stock market celebrates the Draghi government and the spread drops to 91 points

Business Square closes the second week up, and appreciates again today by 0,44% to 23.410 points, while the spread remains stable at 91 basis points, after falling below 90, with the 45-year BTP rate reaching a new low record at 0,48% to then stop at +19%. The climate remains favorable to the Italian paper, waiting for the president in charge Mario Draghi to go up to Colle this evening at XNUMX pm to dissolve the reserve and therefore form a perfect San Valentino government, given the broad trust enjoyed by the former president of the ECB also among the political forces.

The closure is positive in the rest of Europe, while Wall Street, a game down, is picking up again with the Nasdaq over 14.000 points. 

In the euro area the best place is Amsterdam, +1,88%. The Financial Times recalled that, in January, with Brexit, the Dutch market became the largest trading center for shares in Europe, increasing the value of those traded daily by about four times compared to 2020 and overtaking London, which for decades was was the largest and most important financial market in Europe. The quarterly reports of two important stocks boosted the price list today: Ing (+6,7%), the leading bank in the country, beat expectations on quarterly earnings; Asmi Up 2,7%, the semiconductor maker said a shortage of chips that is slowing auto production is a symptom of a surge in broader demand that is putting pressure on industry suppliers.

It's flat Frankfurt, +0,06%, while they mark fractional progress Paris +0,6% and Madrid +0,19%. London gains almost one percentage point, (+0,96%), despite the fact that in 2020 the British economy suffered the biggest collapse in output in over 300 years of history, -9,9%, due to the pandemic. However, the first months of 2021 bode well for the recovery in the current year.

The currency market is flateuro-dollar, with the exchange rate at 1,21, while among the cryptocurrencies the Bitcoin, which however remains on the crest after yesterday's record of $48.297 achieved following the choices of Tesla first and then of the Bank of New York Mellon, the oldest in the United States, which will allow its customers to hold and transfer digital money .

Among the raw materials the Petroleum resumes running and moves up by 2,05% to 62,40 dollars a barrel, after a slide due to the downward revision of forecasts on demand by OPEC, while for the International Energy Agency the market it is still in a condition of overproduction. Colorless gold.

In Piazza Affari, quarterly reports and some profit-taking dominate. Good utilities.

On the podium they stop A2a +2,86% and Amplifon +2,29%. Well nexi +1,98%, thanks to the results presented yesterday beyond expectations and to the definitive agreement for the merger with Sia, which in turn announced better than expected results.

Recommended Finecobank +1,89%; Saipem +1,55%; stm + 1,41%.

The red zone is instead occupied by Recordati -1,46%; Moncler -1,42%.

Losses are fractional for banks. Unicredit, -0,44%, after yesterday's slide due to the announcement of the maxi loss of 2,8 billion recorded in 2020. Mediobanca -0,4%; Bper -0,19%.

The accounts and the announcement of a dividend of 0,28 cents per share are not enough a Unipol ( -0,32%), whose consolidated operating result for the current year, "is expected to be positive and in line with the objectives defined in the 2019-2021 strategic plan". On the shields instead Unipolsai (+4,69%), driven by the results and by a dividend higher than expected at 0,19 euro per share.

Weak Interpump, -0,15%, which must postpone the targets communicated to the market in February 2020 by one year due to the coronavirus pandemic, which has slowed down the development plans of the entire manufacturing sector.

Out of the main basket Fincantieri dropped 0,58%, after the stock gained more than 20% in the last three sessions on the prospects of accounts and an outlook for the sector better than expected.

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