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Hopes on Brexit and vaccines push stock markets

The glimmers that seem to open between the UK and the EU on Brexit and the start of mass vaccinations in the US give a positive tone to the stock markets - The Ftse Mib slows down in the final but closes positively thanks to Azimut, Pirelli and FCA - but Atlantia collapses

Hopes on Brexit and vaccines push stock markets

European stock markets start the new week optimistic, ignoring the news on Christmas lockdowns and focusing on the good news from the UK and the US. After the words of the chief negotiator Michel Barnier, convinced that an agreement on Brexit is "still possible", the lists hope for an agreement in extremis between London and Brussels, while they look favorably on what is happening in the United States where today it has begun the anti-Covid vaccination campaign with serum produced by Pfizer. 

The sentiment of the community price lists is unanimous, with Madrid e Frankfurt up more than 1% Paris earning 0,67% e Milano which slows down in the final and scores +0,27%. Different the mood of London (-0,02%), on which the strengthening of the pound weighs pending developments on the divorce procedure.

On the other side of the ocean it proceeds at full speed Wall Street that, on the day when i big voters formalize Joe Biden's victory, celebrate the arrival of the Pfizer vaccine. The first dose was administered in New York shortly after 9.00 am (15.00 pm in Italy) at the Long Island Jewish Medical Center in Queens. In the meantime, expectations are rising for the evaluation of the vaccine developed by Modern (-0,4%), which the FDA will announce this week. The three main lists of the American stock market are up sharply (Nasdaq +1%, DJ and S&P500 up by half a point) driven by the performance of the stocks of the companies that have suffered the most due to the lockdown. Eyes on Google is travels just above parity after the malfunctions registered all over the world from Gmail, Youtube and Meet. Tomorrow the two days of meetings of the FOMC begin, with the American Central Bank which on Wednesday could announce news on monetary policy.

Coming to our house, Business Square gets closer at an altitude of 22 thousand points and closed the session up by 0,27% slowed down by the uncertainty about the future of the majority and from the possible Christmas lockdown. Driving Milan is the excellent performance of the car and asset management with Azimuth (+ 2,53%) and Pirelli (+1,54%) at the top of the Ftse Mib. On shields fca (+ 1,32%) and General Bank (+1,65%). Among the best titles too Interpump (+ 2,09%) and Recordati (+ 1,7%) 

Banks, positive throughout the session, slow down in the final with Bpm bank which earns 0,9%, Intesa Sanpaolo 0,19% and Unicredit which yields 1,66%. According to rumors, the ECB is considering the hypothesis of establishing a cap on dividends valid until September 2021, while allowing the strongest institutions to disburse coupons of up to 20-25% of profits. 

At the bottom of the Ftse Mib there is instead Atlantia (-6,24%) which, on the day of the Board which should convene the assembly for the possible split of Aspi, pays for the rumors relating to the fact that the consortium led by Cdp would have valued Aspi around 7,5 billion euros, a figure lower than expected and well below the expectations of the company. Bad Leonardo (-1,42%), also in red Eni (-1,48%) And Tenaris (-1,29%) after OPEC cut forecasts for crude oil demand.

Outside the main price list, purchases are rewarding Mediaset (+2,69%). According to analysts, the company's position in the war with Vivendi would have strengthened after the news that the Milan prosecutor's office has decided to open an investigation into Vincent Bolloré and Arnaud de Puyfontaine on charges of market manipulation and obstacle to the exercise of the functions of public supervisory authority. On the foreign exchange front, theeuro is up slightly to 1,2161 against the dollar, while the GBP it strengthens to 0.90894 against the single currency. Down the Petroleum, with Brent below $50 a barrel (-1,2%). Finally, on the secondary market, the spread between BTp and Bund it drops to 112 basis points (-2,6%).

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