The Stock Exchanges rose pending the announcement of US GDP growth in the second quarter, expected to grow by 4,2% compared to the +2% recorded in the previous quarter. It may be the best figure since 2014.
A Business Square +0,4% the index returned to touch 22 thousand points (21.980). It does better Frankfurt + 0,5% Paris + 0,3% Madrid + 0,9%.
La ECB raised inflation growth estimates for the eurozone for the next two years, but slightly lowered those relating to economic growth. According to the estimates released today, Frankfurt is waiting now 1,7% inflation growth in each of the three years from 2018 to 2020. Previously estimates were for inflation growth of 1,5% this year and 1,6% the next.
The change euro/dollar continues to trade below 1,17 at 1,1621.
Lo spread Btp/Bund drops slightly to 227,9 basis points with the yield on the Italian 2,69-year bond at XNUMX% after this morning the Treasury has placed 6 billion euros in 6-month BOTs at a rate of 0,066%, 3 basis points lower than in the previous similar auction. Demand was solid: claims reached $10,8 billion with a coverage ratio of 1,8. The yield on the German Bund stopped close to 0,40%
The prices of crude they retraced to $74,42 in the Brent version in one session with thin trading but futures are still poised to end a positive week supported by Saudi Arabian disruption to the transport of crude oil through a key naval line.
Weak Eni -0,8%, which ended the first half of the year with growing results, driven by the price of Brent and the performance of Exploration & Production, but slightly below forecasts. Overtime charges disappoint. Eni's CEO Claudio Descalzi opens the possibility of launching the buyback on the shares, but only if the leverage is permanently below 20%, as part of the shareholders' remuneration policy. The interim dividend rose to 0,42 euro. The coupon is expected to increase to €0,83 for the entire year.
Saipem +1%, it pushes on new tops for 17 months thanks to the promotion of Equita and Banca IMI.
Today the quarterly of is on the agenda Mediaset +1%, among blue chips.
Telecom Italy +4,6% is the best on the list. Deputy Prime Minister Di Maio study the dossier for the unbundling of the network. Positive opinion of Mediobanca, Banca Imi and Equita.
Cnh -0,4%. Kepler strengthens the Buy judgment by bringing the target to €12,88. Yesterday, it closed up 10% after announcing a jump in margins and raising its targets.
Fiat Chrysler -0,4%. Ferrari -1,35%, the worst of the basket. Piaggio +2,3%, first-half revenues +1,2% over the previous year, net profit +26,2%.
Fincantieri +3,4%, closed the first half with strong growth in revenues, profits and Ebitda compared to last year. The guidelines of the industrial plan have been confirmed.
Positive intonation for the banks, Unicredit + 1,7% Intesa Sanpaolo + 1,6%. Monte Paschi Bank rose by 8,9% after being suspended. Yesterday Fitch, with the stock market closed, confirmed the Sienese bank's B rating with a stable outlook. The rating reflects improved asset quality.
