They take the way down European stock exchanges under pressure fromweak euro. The single currency trades below 1,20, after hitting a low at 1,1860 (at March 10, 2006 prices). Anticipation is growing for the official data of theinflation in Germany: the first indications from the Lander report a slowdown in the cost of living from 0,5 to 0,2%. Thus the forecast of the QE arriving on 22 January takes on even greater consistency.
The German government spokesman described Greece's membership of the eurozone as "irrevocable".
A Milano the Ftse Mib index fell by 1,38% to 18,867. Also downhill other Bags: Paris – 0,74% Frankfurt -0,43%, Madrid -0,99%. Outside the euro area London -0,73%. The new all-time high of Ryanair +2,15% should be noted.
On the bond market, the BTP weakens, the 5-year yield rises by 1,78 basis points to 0,50%, the Bund yields 128%: the spread is XNUMX basis points.
In the meantime, salt Greek bond yield: the 9,16-year is at 15% (+10,35 basis points) and the five-year at 30% (+2,4 basis points). The Athens Stock Exchange falls by XNUMX%.
Stands out in Piazza Affari the leap of MontePaschi +2,5% and Carige + 6%, on the wave of the news that the Governing Council of the ECB it could approve the plans of the two banks in the February 4 meeting. Above all, however, the bet on novelties gains ground in the bank risk with the possible integration of Siena into Ubi - 0,7% and the Ligurian bank into Bpm +1%.
In this case, the possible also weighs return to the stage of Andrea Bonomi who has just withdrawn from the challenge for the Club Mediterranée.
In decline Unicredit -0,2% and Intesa -1%. Generali is up 0,3%: Berenberg has decided to raise the judgment to Buy from Hold. The target price was raised to 20 euros from 17,90 euros. UnipolSai +0,8%.
Il Petroleum WTI-type loses 1,2% to 51,9 dollars a barrel, which is the lowest level since May 2009. Eni is down by 2,5%: Citigroup lowered its recommendation to Sell from Neutral, the target price drops to 13 euros from 16,50 euros.
Also declining Saipem -0,8%. Tenaris – 1,4%. The companies most tied to the dollar stand out: FCA gains 0,6% pending the data on sales in the USA which will be released during the day.
In the luxury segment, Luxottica rises by 3%. Advance World Duty Free +1%.
Recordati +2% and L'Espresso +2,3% also rose.
