Agreement made in Greece on austerity measures between the government and political parties. She confirmed it Mario Draghi during the press conference after the decision on interest rates remained unchanged at 1% (as per market expectations). "I received a call from Greek Prime Minister Papademos informing him of the news of the agreement reached" at government level in Greece on austerity measures, said the ECB president.
Stock exchanges expanded gains: Business Square salt by 0,44%, the Dax of 1,16% the Cac by 0,95% and the Ftse 100 by 0,57%. The euro is up against the dollar 1,3288. Moods had already improved after the rate decision of the Eurotower and the Bank of England. Boe also left the cost of money unchanged at 0,5%. And while the ECB is preparing for the next refinancing auction for banks at a rate of 1% and with an unlimited amount, the Bank of England has increased the quantitative easing by 50 billion with which the institute buys bonds by printing fresh money to support the economy bringing it to 325 billion.
The data on claims for unemployment benefits then arrived from the USA which decreased by 15 thousand units to 358.000 last week. Economists had expected a drop to 370.000 from 373.000 the week before. The lists are now awaiting developments on the Greek front but seem to believe in an agreement to release the second aid package.
After climbing back to 370 points, the Btp and Bund spread it dropped back below 360 with the yield on the Italian 5,57-year bond down to 3,85%. In Europe, the auto sector rises after the boom in Daimler's utilities. Fiat, the best stock on the Ftse Mib, gains 2011%. Daimler scored in 6 the record profits to 28 billion euros net (+106,5%) and turnover to 9 billion (+XNUMX%).
Rises also for the luxury of Salvatore Ferragamo (+3,13%) and Tod's (+1,47%). In evidence Buzzi Unicem (+2,38%) which benefits from the preliminary data released yesterday. The group closed 2011 with a turnover up 5,2% to 2,78 billion euros. Net debt fell as at 31 December 2011 to 1,14 billion from 1,26 at the end of 2010. Impregile it (-3,07%), at the center of share movements for its control. The Gavio family, which is aiming for control of Impregilo by throwing it off the sights of its competitor Salini, has made an offer to the Benettons to take over the 31% of Igli which controls Impregilo. The Benettons would be ready to sell their stake. A2A was also negative (-2,28%) following the announcement of the resignation of Giuliano Zuccoli, welcomed by a sharp rise in the share.
Guide the declines of the Ftse Mib in the morning Mps which yields 3,84%. Yesterday the president of the bank and president of ABI, Giuseppe Mussari, said that it is difficult to buy BTPs in the presence of EBA rules. Meanwhile, the European banking authority is expected today to conclude its analysis of the capital-strengthening plans presented by European banks. Awaited the verdict for those banks including MPS, which have chosen not to resort to capital increases but to alternative routes.
Bpm also down -0,79%. However, the sector returned overall to positive after the declines of the morning: Ubi +2,41%, Intesa +0.94% and Banco Popolare +0,61% while Unicredit fluctuates around parity. Data from Crédit Suisse on the fourth quarter arrived from Europe in the morning, showing a net loss of 637 million francs (about 526 million euros) and a net profit for the year 2011 down by 62% to 1,61 billion euros. Positive signals from the 3-month Euribor, the rate that banks apply to each other for three-month loans, which fell to 1,07%, the lowest since January 2011.
