The European stock exchanges improve in the end and Wall Street also tries to adjust the shot after the intervention of the president of the Fed, Jerome Powell, in Congress. The central banker intends to continue on the road to a gradual hike in interest rates Americans and to a specific question if "Europe is the enemy of the United States" he replies: "No, I don't think so", thus denying Donald Trump. Dates the dollar and the euro changes to 1,168.
Business Square closes one step away from 22 points (21.197), up 0,71%. It is the driving force mediaset, +3,48%, thanks toformalization of the takeover bid at 57 euro per share on Hey Towers (+15,1% on the Star, 56,80 euros per share). He gets in the slipstream Rai Way, which leaps by 20,61%. Well too TV world + 15,14%.
In the rest of Europe, chemicals, mining and insurance are being purchased, while telecommunications are in decline. The price lists: Frankfurt, +0,8%; London +0,34%; Paris +0,24%; Madrid +0,03% and Zurich -0,27%.
Wall Street, after a weak open, it is currently in positive territory. Worth noting is the thud of Netflix (-6,89%) which, contrary to what was expected, presented an unsatisfactory quarterly performance yesterday, especially on the subscriber front, fueling fears that the company's rapid expansion is already halting.
Investors, on the other hand, welcome the words of Federal Reserve chairman Powell, who highlights growth in the second quarter of 2018 that was "significantly stronger" than that of the first; he sees an "encouraging" price dynamic and assures that the Fed will be attentive to inflation to keep it close to 2%.
The dollar accentuates its positive tone, weighing on commodities. The Petroleum fluctuates after yesterday's collapse: Brent +0,06%, 71,88 dollars a barrel; Wti -0,4% 66,8 dollars a barrel. L'gold it slipped to 1227,8 dollars an ounce, recording a decline of 0,95%.
The Italian bond instead scored another positive session. The 2,5-year yield falls below 2,48% and stops at XNUMX% for the first time since May, while the spread with the Bund it shrinks 213.10 basis points (-3,4%). However, there is no lack of daily warning from the International Monetary Fund: Italy - he recalls - is a country whose public finances are vulnerable to a loss of confidence on the financial markets and in the current phase should avoid pro-cyclical policies, concentrating on consolidating the balance.
Returning to Piazza Affari: the daily ranking of blue chips sees first place Mediaset. The acquisitions were triggered by the total takeover bid on Ei Towers by the company 2i Towers, 60% controlled by F2i TLC and 40% by Mediaset.
The positive phase continues Leonardo +1,99%; Well Brembo +2,77%; Ubi +1,82%; Italgas + 1,54%.
Sales are limited to Recordati -2,24%; Buzzi -0,49%; Tenaris -0,41%; Cnh -0,23%. Little move Fincantieri, +0,6% after the rumors of Reuters relating to an offer to acquire Vitrociset together with the company Mermec. Vitrociset provides ICT and integrated logistics services and solutions for aerospace, defense and security, transport and critical infrastructures.
