Closing in the red for the European lists, which in the afternoon suffered from Wall Street's jarring opening bell, despite the record profits of Bank of America. The American markets remain close to their all-time highs, but at the moment they find no reason to resume the race, with Donald Trump bringing back to life the specter of duties and agitating that of Google, where Chinese spies have allegedly infiltrated. On Amazon, on the other hand, the European Antitrust lights up a light. The publication of the Beige Book is also awaited in the stars and stripes evening.
Business Square it lost 0,56%, 22.079 basis points, aligning itself with the rest of Europe and with the general decline in oil stocks. The Petroleum, previously with a fractional increase, worsened its performance in the American morning after the publication of US weekly inventories, down, but less than expected. Brent crude dropped 0,44% and fell to 64,07 dollars a barrel. Bad financials and the auto sector, with the slowdown in registrations on a continental level. fca however, it avoided selling the stock, +0,07%. Utilities, traditionally defensive stocks, are appreciated.
On the secondary it spread between the Italian and German 190-year period, it remains below 1,55 basis points, although it has risen by 189,5% to 1,6 points; the yield of the Italian benchmark remains at XNUMX%.
The other European lists are worse: Frankfurt -0,72%; Paris -0,76%; Madrid -0,98%; London -0,58%.
La GBP continues to lose ground and moves to negative records of the last 27 months against the dollar, while it is stable against theeuro, with the change in area 0,9. The single currency recovered slightly against the greenback and moved to the 1,226 zone. The Monetary Fund believes that the dollar is overvalued while the euro and yen are in line with economic fundamentals and warns Trump against trade tensions.
According to Reuters, the euro would be weighed down by the expectation of new stimulus measures by the ECB (which meets next week). “The money market is betting on two new denominations of 10 cents, between now and the end of the year, on the reference rate for deposits currently equal to -0,4%”. The probabilities would have increased after yesterday's disappointing numbers on the German Zew, while the market's reaction to the slight upward revision of June inflation made by Eurostat this morning, which corrected the annual index to 1,3%, was negligible.
THEgold starts to rise again and runs towards 1425 dollars an ounce.
Returning to Piazza Affari, the big caps that recorded the greatest increases today are Janl +0,96%; Prysmian +0,84%; Terna +0,56%; Unipolsai +0,46%; Italgas . Telecom up 0,3%, after that La Repubblica wrote that the group is studying a 2 billion euro disposal plan which "probably" should be finalized between the end of 2019 and the beginning of 2020.
Sales are massive up Tenaris -3,83%; Saipem -2,71%; Eni -1,72%. Among financials, red is on for Finecobank -2,24%; Azimuth -1,95%; Ubi -1,66%. Pirelli -3,42%, in the wake of Michelin (-3,95%) in Paris.
Sull'Aim debut in style for pattern, +14,92%. It also recovers Marzocchi Pumps, +3,62%, after yesterday's disappointing debut.
