The horror film going on stage yesterday on Capitol Hill, in that sci-fi context that is the pandemic, already seems like history for the stock exchanges. Wall Street today it started in fourth place and is updating its records, while the European lists close fractionally higher after the rally on the eve. Confidence runs parallel to the victories achieved by the Democrats in the US elections, in particular the favorable outcome for the blues in the Georgia Senate ballot and the official certification of Joe Biden's conquest of the White House, while Donald Trump promises an orderly transition after yesterday's turbulence and removes three tweets to be readmitted to the platform. Investors are therefore focused on possible new aid for families and businesses with an entirely Democrat-led Congress and do not seem to worry too much at the moment about the risk of a tax increase for companies. To press on the accelerator is above all the Nasdaq (+2,4%), but also the Dow Jones moves beyond the all-time high to 31.124 points (+0,96%), while lo S & P500 it gains about a point and a half percentage and trespasses into never-before-seen territory above 3.800 points.
In Europe Business Square consolidates yesterday's gains and closes above parity, +0,05%, 22.746 points, Frankfurt on the other hand, it updates its all-time highs in the session and closes up by 0,6%; Paris +0,7%; Madrid +0,39%; London +0,28%. The cyclical sectors linked to growth such as mining, energy, construction and materials stand out in the Old Continent in the perspective of further US stimuli.
On the currency market the dollar is rekindled and theeuro is declining fractionally, with the exchange rate around 1,226.
New surge of the Bitcoin, which exceeds 39 dollars, +11,29%.
For raw materials the Petroleum it remains well tuned, following the OPEC+ agreement and Brent moves cautiously up by 0,3% to 54,45 dollars a barrel; the contract gold February 2021, it grew to 1914,80 dollars an ounce (+0,32%).
The session was fluctuating in Piazza Affari, despite the speculative appeal to the banks in view of a new season of mergers. Queen of the price list is Bper +6,18%, followed by Bpm bank +3%. Well Understanding, + 1,02%. Unicredit, in the middle of a flurry of rumors, posts a 0,94% gain after yesterday's gains, while his potential bride blushes slightly Ps -0,62. In recent days it has been written that, to favor this marriage, the State could buy 14 billion in non-performing loans through Amco. The Sun 24 Hours however, he reveals that this merger does not please significant Unicredit shareholders such as Leonardo Del Vecchio's Delfin and the Cariverona and Crt Foundations, consulted in view of the appointment of the new CEO who will replace Jean Pierre Mustier. For Credit Swisse, Unicredit's target price also drops to 8,80 euros from the previous 9,50 euros.
In other sectors they are appreciated Pirelli +3,42%; Prysmian, +2,64%; Buzzi +3,21%; Post + 2,08%.
Agnelli galaxy in no particular order: Exor salt by 1,47% with fca +1,79%, just over a week after the official completion of the merger with Peugeot and the birth of Stellantis. Instead, it is declining Ferrari -0,86%, penalized by the cut from 'buy' to 'neutral' by Citi.
Sales strike again Recordati -3,76%. Benefits taken up Enel -1,7%. They give in Moncler -1,69% and Italgas -1,24%.
Out of the main list, Mediaset yields 0,66%. The messenger writes that the top management of Vivendi would have contacted the Government to evaluate future moves in Italy, the request of Palazzo Chigi would be to avoid further clashes and judicial initiatives. The meeting allegedly took place between the CEO of Vivendi De Puyfontaine and Prime Minister Conte.
The bond is positive: lo spread between the 10-year BTP and the Bund it is 107 basis points, with the Italian 0,52-year rate stable at +XNUMX%.
Today the ECB has published its Monthly Bulletin, in which he underlines that the resurgence of Covid-19 cases and the consequent restrictive measures are considerably limiting economic activity in the euro area, which should have contracted in the fourth quarter of 2020. GDP is expected to fall by 7,3, 2020% in 3,9, but to rise again by 2021% in 4,2, 2022% in 2,1 and 2023% in 2021. Italy, Spain, France and Slovakia will record the "highest" deficits in 7,5 in the Eurozone with percentages above XNUMX% of GDP. However, according to the central bank, "due to the sharp contraction of the euro area economy, an ambitious and coordinated fiscal orientation will remain essential until a lasting recovery is recorded".
Eurostat announced that in December the annual inflation rate in the euro area slowed down by 0,3%.
