The race of the European stock exchanges is picking up speed, stimulated by the rise in US rates and by the effervescent response of Wall Street as well as of the Asian markets. In the middle of the day the index Ftse Eb increases by 2,2%, preceded in order by Frankfurt (+ 2,9%), Madrid (+ 2,8%) and Paris (+ 2,6%). London rises by 1,6%.
Il dollar it strengthens to 1,08 against the euro. Stable it spread between the BTP and the German Bund. The differential stands at 102 points with the Italian 1,68-year yield at XNUMX%.
The index I fo which measures the confidence of German companies was surprisingly down but the news did not curb the euphoria of the Stock Exchanges.
In Europe the brightest sectors are: Automotive (Stoxx index of the sector +3,2%), Telecom (+ 2,5%), Insurance (+ 2,5%).
At Piazza Affari the titles of Telecom Italy e fca (both +4%).
Banks up sharply: Unicredit (+2,4%), Entente (+2,7%) and Mount Paschi (+ 1,2%). Pop.Milan rises by 2,6% on the eve of a crucial meeting between shareholders for the choice of partner: Banco Popolare and Ubi are in the running. Mediobanca + 2,6%.
They also earn insurance: Generali + 2,3% UnipolSai + 2% Catholic + 1,4%.
Oil is still down, but Eni it is up by 1,3%. Tenaris + 0,9% Saipem + 0,8%. Enel salt by 2,2%, Snam + 2,6% Atlantia +2,7% on the wave of the increase in traffic in November (+4%). Fiera Milano (-7%) And Trevi (-6%) correct yesterday's strong increase.
