After the first bullish trades, all European markets turn red. One hour after the opening, Piazza Affari dropped 0,7%, London 0,6%, Paris 0,68% and Frankfurt 0,57%. Among the worst stocks of the Ftse Mib are Azimuth (-2,20%), Fiat (-1,50%), Parmalat (-1,38%) And Telecom Italy (-1,28%). They travel against the trend Saipem (+2,30%, the stock tries to recover after the crash on Monday caused by the recent profit worning), Diasorin (+1,93%, the group said it was open to strategic partnerships and confirmed its estimates for 2013) and Finmeccanica (+0,91%, yesterday's announcement of new orders for ATR, 50% owned). The spread Btp-Bund is up to 278 basis points.
Off the main list, always on the swing le Rcs, which after opening higher are now down 0,6%. On the other hand, rights are not pricey, which after closing yesterday at 0,717 euros mark a theoretical opening at 0,574.
In the rest of Europe, the good performance of Alcatel-Lucent, which rises by 6,45% after the presentation of the 2013-2015 strategic plan which envisages cost reductions of one billion euros and asset sales of over one billion. Debt will be reduced by two billion over the period. Also in Paris, the semiconductor manufacturer Soitec collapses (-10%) after the announcement of a capital increase of an undefined amount.
IN THE HANDS OF BERNANKE, WHO WILL LEAVE IN JANUARY
“I think Ben Bernanke has done an outstanding job. Kind of like Bob Mueller, the head of the FBI, who stayed in that post longer than he ever thought possible ”. President Barack Obama chose these words to let the world know, at a crucial moment, that the central banker who has sat at the top of the Fed since 2006 will not be renewed after January 2014.
Tonight at 20 pm Italian operators from all over the world will listen word for word from Bernanke's mouth the indications of the Fed at the end of the work of the Monetary Committee.
Meanwhile, Mario Draghi spoke from Tel Aviv, where he celebrated the departure of his teacher Stanley Fisher, governor of the bank of Israel. The president of the ECB has announced that the Frankfurt institute is ready to use further non-conventional monetary policy instruments, if necessary.
