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The Stock Exchanges dribble the German braking

Despite the disappointing data on German industrial orders, in the afternoon the Stock Exchanges accelerated positively - Oil prices fell - Finmeccanica and UnipolSai accelerated - Mondadori still positive - Realizations on Saipem.

The Stock Exchanges dribble the German braking

After a sluggish morning, weighed down by the disappointing data on German industrial orders (-1,8% month on month in August), European stock markets caught their breath in the afternoon: Milano earns 0,5%, just under Paris (+ 0,7%) and Frankfurt (+ 0,7%). London + 0,3%.

In United States, trade deficit it grew in August, on the back of a strong dollar, falling commodity prices and weak growth abroad. According to reports from the Commerce Department, the deficit rose by 15,6% to 48,33 billion dollars, still less than the 48,5 billion expected by analysts.

On the foreign exchange market, euro little moved at 1,1218 dollars (1,1208 at yesterday's close) and at 134,97 yen (134,87), while the relationship between the dollar and the yen is at 120,32 (120,34). 

Declining the price of Petroleum: November WTI futures drop 0,65% to 45,96 dollars a barrel.

On the Ftse Mib the race a deflates Saipem, the worst stock on the list with a -3,6% result of sales after yesterday's rally (+10%).    

Accelerates Finmeccanica (+3,16%): Giuseppe De Giorgi, Chief of Staff of the Navy, announced a plan for 12 new ships, with "repercussions on Fincantieri and Finmeccanica". 

Positive Mediaset (+2,8%), promoted by HSBC to Buy from Hold. 

Also good UnipolSai (+2,6%): CEO Carlo Cimbri said that the new business plan will confirm a dividend yield of 8%. 

The rest of the price list confirms the positive momentum for Mondadori (+4%), following the agreement for the acquisition of Rizzoli books from RCS. 

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