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Piazza Affari is the best stock exchange in Europe and is close to 19

Oil is running again even if ENI is among the worst stocks in the Ftse Mib but it is above all the recovery of hi-tech and the pearls of the Fourth Capitalism that gives impetus to Piazza Affari - Bene Stm, Azimut, Amplifon and Juventus – European stock exchanges thwarted – Wall Street recovers

Piazza Affari is the best stock exchange in Europe and is close to 19

Business Square closed positive, +0,65%, one step away from 19.000 points (18.953), a contrasted session for the other European lists: Frankfurt -0,18%; Paris -0,38%; Madrid +0,44%. Outside the eurozone, London -0,39%, while the BBC, citing government sources, announces that next Tuesday UK MPs to vote on easy divorce with EU, based on the agreements signed in November. The cold is more intense in Zurich, -0,85%.

Wall Street, after an uncertain start, is on the rise and seems to partially recover the optimism of last Friday also thanks to the Petroleum. Crude Oil flies to Nymex following Saudi Arabia's announcement of another cut in exports. The Wti rose by 2,86% to 49,66 dollars a barrel; Brent +2,02%, $58,21. On other fronts, we remain cautious, while the American delegation for the resumption of talks arrived in China today. On the other hand, the shutdown of the American government, which is entering its third week and could "continue for quite a while" according to the White House chief of staff, is disorienting.

Il dollar lowers the ridge, against a Fed that could prove to be more dovish than expected in 2019. The euro thus climbs back to the 1,146 area, despite the disappointment for German factory orders, which fell by 1% in November. Gold tries to ride the wave and appreciates at 1287,11 dollars an ounce (+0,18%).

In the business square stm +3,89%, recovers part of the losses suffered last eighth. Asset management shines with Azimuth, + 3,83%. Amplifon +3,06% and Juventus +2,96% continue to grind earnings. Well fashion with Moncler + 2,72%.

Banks are positive, especially the big ones Unicredit +2,64% and Understanding +1,69%. The Carige question remains open, still suspended from negotiations, on the day of the first meeting between the institution's commissioners and the heads of the Interbank Fund for the protection of deposits.

Black gold trails oilmen, with the exception of a heavyweight like Eni -0,88%.

At the bottom of the Ftse Mib there is pirelli, -0,95%, penalized by the fact that JP Morgan removed the "overweight" recommendation on the stock. Below Recordati -1,23%; Campari -0,9%; Terna -0,46%; Diasorin -0,74%.

The yield on the 10-year BTP rises 2,91%, but the bond spread drops slightly to 268.80 basis points (-0,15%). Tonight, with the market closed, we await the announcement of the Ministry of the Economy on the 12-month Bot auction on the agenda for Thursday 10 January, which will kick off the mid-month offer. On 14 January, the settlement date, 7,5 billion euro of twelve-month bonds mature. On Mts, the current December 2019 annual Bot guarantees a return of 0,289% at a price around 99,73.

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