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The Fed gives the stock exchanges a boost: Piazza Affari (+1,28%) over 19 thousand, gold and euro fly

The Fed's decision to oblige systemic banks to guarantee liquidity even under stress pleases the markets: the FtseMib reverses course and closes above the threshold of 19 basis points with a rise of 1,28% - Gold bullish and euro from record on the dollar (1,38) - In Piazza Affari banks recovering and sprint by Exor and Gtech - Hera exploits

The Fed gives the stock exchanges a boost: Piazza Affari (+1,28%) over 19 thousand, gold and euro fly

MILAN, POPULAR PEOPLE LEAD THE RESCUE
UTILITIES GOOD, CDP ARRIVES IN HERA

Closes beautifully Piazza Affari +1,28%, FtseMib index again above 19 thousand (19.152 ) correcting Wednesday's misstep.

London 0,58% salt, Paris of 0,35%, Frankfurt of 0,68%, Madrid 0,94%.

Positive session also a Wall Street: the Dow Jones index rises by 0,58%, S&P +0,26%, Nasdaq +0,54%.

The recovery was favored by positive data of the PMI index in China.

China's PMI index unexpectedly rose to 50,9 in October, the highest level in the last seven months.

The data on job market widespread in the United States is weak but positive notes are coming from the quarterly reports: out of the 193 companies that have already reported results, 77% beat the estimates in terms of profit.

Go back down the dollar and the gearbox euro/dollar it rises to 1,380, from 1,377 at the previous close.

The government bond market weakens BTP with the 4,14-year yield rising to 238% and the spread with the Bund widening to 4 (+XNUMX basis points).

In Milan the rescue of the banks, especially the Popolari, punished yesterday by the announcement of the stress test criteria. Banco Popolare +1,96%, Ubi +3,95%, Pop.Milan +1,96%, Pop.Emilia +5,57%.

Less brilliant Unicredit + 0,46% ed Understanding + 1,51%.

Pass in the final in positive ground MontePaschi +0,4% despite the news that the Court of London did not accept the bank's request to block the counter-legal action initiated by Nomura.

Positive Generali +1,23%, rebounds Fondiaria-Sai + 1,75%.

The European automotive sector recovered, driven by the excellent results of Daimler +3,4% which announced better than expected results. It also benefits Fiat +1,92% despite analysts expecting management to revise the 2013 targets downwards.

The mid cap of Sogefi components stands out +4%.

GTech up +3,92%.

Positive day for utilities. Enel + 3,01%. A2A earns 1,06%.

Ivy rises by 7% after having defined the terms of the capital increase which will allow Cassa depositi e prestiti to enter the capital.

Leap forward even by Landi renzo (+ 0,83%).

Weak the luxury: Tod's +0,63% Ferragamo +1,17%, Yoox -1%, Luxottica -0,7%.

Among the negative notes continues the landslide of StM -2,08% after losing 10% in Wednesday's session.

Big down too Rest – 6,4% e World Duty Free -5,5%. The Benetton family has sold about 9% of both companies and now holds 50,1% of the capital of both.

Finally, Telecom Italia dropped by 0,28%.

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