It bounces Business Square (+1,24%, to 23.782 points) which closed first in Europe, in a positive context for all lists except Madrid, -0,9%, down after the agreement for a socialist-podemos government. Well Frankfurt + 0,65% Paris + 0,44% London +0,52%. Also Wall Street, after a matching opening, moves vigorously, awaiting the words of President Donald Trump, at the Economic Club of New York, and in the hope of an update on the trade negotiations with China and with the European Union. On this second front, what is written by the NYT namely that the White House could postpone the introduction of car tariffs for another six months, by virtue of constructive talks with European companies for an increase in investment and the workforce in the US. A perspective that strengthens the dollar, up 0,15% against a basket of six currencies. L'euro it is moving weakly, with the exchange rate at 1,1012.
This morning, the Zew index on investor confidence in Germany contributed to raising the spirits of continental lists, surprisingly jumping to a six-month high: -2,1 points from -22,8 in October, against a expected rise to -13 points. The perception of the current condition also improved to -24,7 from -25,3 in October.
In this context it lowers it spread Btp/Bund: 146 basis points, -3,42% with the yield on the Italian 1,21-year bond at +0,25% and that of the German 5,5-year bond at -12%. In the morning, the Treasury placed all the 0,135 billion euro of 8-month Treasuries offered, at a rate of -8,7%, an increase of 1,58 basis points compared to the previous auction. Demand was approximately XNUMX billion for a coverage ratio of XNUMX.
Tomorrow up to 7,25 billion euros will be offered between the new 7-year BTP and the reopening of the 3- and 30-year BTPs (in the latter case, these are two securities maturing in March 2047 and September 2049, respectively).
Among the raw materialsgold it is pale red and trades at $1454,45 an ounce. The Petroleum progress is moderate, Brent +0,14% to 62,27 dollars a barrel.
In Piazza Affari the banks are the protagonists with Ubi +2,78%; Unicredit +2,03%; Mediobanca +2,01%. Investors reward Piazzetta Cuccia on the day of the plan to 2023 in which a shareholder remuneration policy (between dividend and buyback) equal to 2,5 billion. According to Kepler experts, who confirmed the bank's "buy", "the targets of the new strategic plan are largely in line with forecasts, with a higher remuneration for investors". The interest in possible acquisitions and substantial investments in distribution and product innovation are also confirmed. It should be remembered that Leonardo Del Vecchio's share was made official yesterday, becoming the first shareholder, after the exit of Unicredit, with a share close to 10%. Boom of Banca Popolare di Sondrio, +13,58%, on expectations of the sale of the 1 billion NPL portfolio.
Asset management with is highlighted Finecobank +2,69%; Azimuth +2,58%; Post +2,14%. Well stm, +2,27%, in the wake of better-than-expected data from the German giant Infineon +6,7% in Frankfurt. It shines Enel +1,79%, close to the highs of the year. rejected Prysmian -1,59%, after the accounts. I'm in red Moncler -0,65% A2a -0,44%; Campari -0,49%.
Off the main list it is appreciated Mediaset, +2,03%, rising to 15% in the German media group Prosieben.
