While awaiting the opening of Wall Street, Milan expands its losses and guides the declines weighed down by the blows of the maneuver on energy stocks. The Ftse Mib, after a drop of up to 3,2%, is now down 2,63%. The other markets are not doing much better: the Ftse 100 loses 1,14%, the Cac 40 1,73% and the Ibex 2,20% and the Dax 2,28%.
After the disappointment on German growth, there are no comforting data from overseas either. New home constructions in the United States fell 1,5% in July to 604 units and building permits fell 3,2%. US import prices rose 0,3% on a monthly basis in July versus a 0,1% decline expected by analysts, with the index rising 14% year-on-year, the strongest growth since August 2008 In Milan the test of the markets continues on the maneuver which arrives in the Senate tomorrow.
The spread between 274-year BTPs and bunds remains nervous and rises slightly again, around 6,12 basis points. In Piazza Affari the energy sector is still in the storm under the ax of the Robin Hood Tax (Enel loses 11%, Terna 12% and Snam 5,61%), but industrialists also weigh (Fiat - 5,51% and Stm -2,63%). The banks maintained their rise: Popolare Milano +1,72%, Mediobanca +1,12%, Intesa Sanpaolo +1,11%, Ubi Banca +1,61. Against the trend, Unicredit dropped 1,33%. Always in evidence Parmalat (+XNUMX)
