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The euro sends the stock market into the red but Creval is booming after the increase

The Stock Exchanges are all in the red both due to the natural profit-taking and the latest procedural complications on the American tax reform – Creval shines in Piazza Affari, which is close to a 10% increase after the recapitalization – Mediaset, Italgas, CNH and Unipol also do well – In Unicredit, Stm, Leonardo, Tim and Recordati discount

The euro sends the stock market into the red but Creval is booming after the increase

The euro returns to the 1,19 zone against the dollar and the European Stock Exchanges weaken in the final. Piazza Affari loses 0,74% and closes at 22.109 points, with many banks down and Unicredit, -2,9%, which touches the bottom of the basket.

On the contrary, however, outside the main price list, it takes off Creval, +8,59%, still supported by the go-ahead for the 700 million euro capital increase.

The session is negative for the Italian card: on the secondary il yield of the 10-year BTP it rises to 1,95% and the spread with the Bund reaches 153.80 basis points (+2,4).

Worst Square is Frankfurt, -1,11%, where many exporting companies are located; down Paris -0,56%, while Madrid, -0,26%, on the eve of the vote in Catalonia, contains the losses. Outside the eurozone, London leaves 0,25% on the ground.

Wall Street opens moderately positive, but tends to lose altitude. Currently the Nasdaq it is rosé, while the Dow Jones and the S&P 500 float on parity. A possible postponement of the approval of the stock could unnerve the markets tax reform by the House, after the vote of the Senate. According to the White House economic adviser, Gary Cohn, it could happen that the green light, for technical reasons, is only turned on in January. It would be a great disappointment for multinationals and millionaires, who by now expect to find an expensive present worth 1.500 billion dollars in ten years.

To compensate for the sales, however, the Petroleum, with the drop in US weekly inventories higher than expected. Brent strengthened after the release of the data and hovered around 64,31 dollars a barrel, appreciating by around 0,8%.

Also in the wake of the good performance of black gold, Tenaris, +1,24%, e Saipem, +0,61%, are among the best stocks of the Ftse Mib. Dusting Mediaset +1,3%. salt Brembo, +0,87%, recovers Ferragamo + 0,79%.
The biggest drops of the day, after Unicredit, are for Leonardo -1,96%; Buzzi -1,75%; Recordati -1,75%; Bpm bank -1,56%. Campari, -0,54%, do not toast the announcement of thepurchase of Bisquit Cognac.

On the Star segment, theBologna Marconi Airport it loses 1,34%, despite the new historical record of 8 million passengers during the year. Copious purchases on the other hand Falck Renewables, +7,42%

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