The European stock exchanges closed in the red, penalized by some quarterly results, by the weakness of the dollar, by the jarring opening of Wall Street with Amazon at a peak after yesterday's accounts. Piazza Affari loses 0,94% and stops at 21.430 points, with Luxottica, -3,62%, at the bottom of the main index, due to the negative performance of Essilor, -4,12%, on the Paris Stock Exchange. The two giants of eyewear and lenses should get married towards the end of the year, but apparently the French figures and forecasts are a bit under pressure. To stay on the Italy-France theme: Fincantieri raises its head, +4,71%, although the match with Stx still seems to be on the high seas.
Sales on other price lists continental: Paris, -1,07%, also weighed down by Renault (-5,08%); London -1%; Madrid -0,63% and Frankfurt -0,4%.
Wall Street continues to move in negative territory, with the Dow just below par, the S&P 500 and the Nasdaq lagging behind. The technology sector is under pressure, but also the energy sector with the quarterly results of Exxon Mobil and Chevron improving, but disappointing.
The euro-dollar exchange rate returns to its highs from two and a half years, to 1,1752, +0,65%. The greenback experienced a negative peak in the early afternoon, more or less in correspondence with the publication of US GDP for the second quarter (2,6%), almost in line with expectations (2,7%). The single currency, on the other hand, benefits to a certain extent from the good preliminary reading of German inflation in July, unchanged at 1,5% yoy, despite expectations for a slight decline and Spanish inflation, which surprisingly rose to 1,7. XNUMX% this month.
As a consequence, the Italian secondary market was weak, in a session also characterized by thin volumes: the yield on the 10-year BTP rose to 2,13%; the spread with the German 159.00-year bond at 1,53 points, +XNUMX%.
Gold recovering: 1268.835 +0,78%. Oil rally continues: Brent +1,01%, 52,04 dollars a barrel.
In Piazza Affari, oil stocks are well bought: Saipem +1,52%, celebrates new 900 million contract dollars in Egypt; Eni, +0,3%, after better-than-expected data this morning with the Stock Exchange closed.
Among the best stocks of the Ftse Mib are Moncler, +1,12% and Banca Generali +0,58%. Slightly up FCA, +0,1%, which it obtained from the US authorities approval to resume the sale of diesel vehicles on the American market.
At the bottom of the list, in addition to Luxottica, are Stm, -2,53%; Leonardo -2,4%; Buzzi -2,12%. Profit taking on Banca Mediolanum -2,57%.
Telecom sales -1,39%, while the company discloses that Amos Genish has been appointed Chief Operating Officer society.
Out of the main basket, a 12,61% slide for Saras, the Moratti family's refinery group, which presented unconvincing quarterly results for the market.
