The markets are cautious, but positive despite the exchange of tariffs between Washington and Beijing. Wall Street started well, with the upswing of the technological ones and in the afternoon it gave an upward push to the eurozone price lists, which closed in green. Business Square it confirms its leadership in the class and gains 0,55%, 21.228 points, after yesterday's excellent performance. Government bonds continue their magic moment thanks to forecasts of a maneuver in line with European expectations, even if the deputy premier Luigi Di Maio does not seem satisfied and asks the economy minister Giovanni Tria to find resources for "Italians in great difficulty". The yield of the 10-year BTP falls to 2,61% and lo spread with the Bund it contracted to 212.50 basis points, after having touched even lower points in the session, down to the lowest level since the day the Conte government took office.
Banks, weak games, recover and stop in opposition, but not too far from the levels of the eve, aside Ps which yields 1,46%. For the number one of the ECB, Mario Draghi, the lenders in the euro area must further reduce the stock of non-performing loans in order to improve financing conditions, strengthening their margins and making themselves more competitive.
Today's blue chip queen is Prysmian, +5,26%, in the wake of better-than-expected half-year results and the appointment of Claudio De Conto as new chairman. Among the protagonists Ferrari, +3,94%, fluctuating on the day of presentation of the 2022 plan and the revelation of the name of the new SUV on its way, baptized "thoroughbred". Fca, +0,15%, is saved in the final, after being in the red. The automaker would rejected the offer for Magneti Marelli of the American fund Kkr.
To report Buzzi, +3,93%, boosted by the announcement of the launch of the buyback plan approved by the shareholders' meeting in May. The plan will be used, among other things, for any extraordinary operations or free assignments to shareholders. The positive phase continues Telecom, +3,93%. Well General Bank + 3,31%.
The worst performances of the session are those of Pirelli -0,58%; Post -0,49%; Snam -0,27%; A2a -0,22%; Enel -0,22%.
In Europe they close with the plus sign: Frankfurt +0,51%; Paris +0,28%; Madrid +0,41%. It's flat London -0,01%; While Zurich leaves 0,21% on the ground. Wall Street opens higher and accelerates during the session. salt Apple Lossless Audio CODEC (ALAC), which today deposited 14,3 billion euros in a blocked account for the Irish tax authorities pending the completion of the appeal against the European Antitrust decision. During the night, President Donald Trump announced that 24% tariffs on 10 billion dollars of Chinese goods will be implemented from 200 September, but it will reach 25% in 2019. Beijing in turn responded with tariffs on US products for 60 billion.
Il dollar after falling against other major currencies it is recovering. The exchange rate with the euro is currently stuck at 1,168, after reaching a three-week high of around 1,171 during the session.
In dusting the Petroleum, with Brent appreciating by 1,07% to 78,06 dollars a barrel. Gold retreats and returns below 1200 dollars an ounce.
