Piazza Affari is holding up the impact of the super euro better than others and closed up 0,41%, 23.719 points, kept afloat by banks, unipol, +2,4%, which is the best blue chip of the day and partially a stm (+0,9%), which bounces back after the accounts presented in the morning.
As for the other price lists: it's positive Madrid, +0,32%, while Frankfurt, -0,87%, sinks for the second day in a row, despite the Ifo index, which measures the confidence of German businesses, which rose to record levels, 117,6 points, better than forecasts. Weak Paris -0,25% and London -0,36%.Wall Street at the moment it rises decisively, while Donald Trump is in Davos.
Un weak dollar Americans and their companies like it, much less European ones. Today the cross with the greenback is around 1,25, while Mario Draghi, confirming the ECB's ultra-expansive policy (fixed rates and QE until the end of September and even beyond if necessary), observes that "the recent volatility in exchange rates represents a source of uncertainty that requires attention regarding the possible implications on price stability in the medium term", even if growth is robust, “better than expected”.
However, the Governor's words are not enough for the market and, at the end of the central bank meeting, even government bonds start selling. THEthe Italian XNUMX-year rate rises to 1,96%, while the spread with the Bund rising again to 134.40 basis points, +1,66%.
Fractional earnings per Petroleum e gold. Brent settles over 70 dollars, while gold exceeds 1360 dollars an ounce.
In Piazza Affari the banks are well tuned, above all Bper +1,82%; Unicredit +1,81%; Understanding +1,49%; Bpm bank +1,32%. Perhaps also due to the position of Italy and France who, while waiting to know what the supervision of the ECB will ask of European banks with the addendum for non-performing loans, reiterate that it is not up to the supervisor to write general rules.
Outside the financial perimeter, it recovers one percentage point stm, after yesterday's crash, in the slipstream to quarterly accounts beyond expectations released in the morning. Volatile fca, which ultimately scores -0,3%, despite the record results of 2017, (+93% profit and halved debt). However, the Italian-American company remains in line with forecasts, while for 2018 it has to file its targets. Meanwhile, Sergio Marchionne announces that the demerger of Magneti Marelli will be discussed in the board of directors in February. On Wall Street FCA is fractional upside.
Among the big names in the list, sales are concentrated on Telecom, -1,63%; Moncler -1,4%; Saipem -1,5%; A2a -1,13%
Out of the main basket Polygraphics. +11,55%, the upward path undertaken yesterday continues, while Monref yields 2,16%
