Despite the increase in tensions over Syria at the G20, the prospect of a post-September tapering shift gives momentum to European stock exchanges. Milan +1,21%, Paris +1,06%, Frankfurt +0,49%, London +0,23%.
As has been the case for some time now, macros have been given on the job market to lights and shadows that triggered the increases in the price lists. Indeed, in the USA, while on the one hand the unemployment rate in August dropped to its lowest level in 2008 at 7,3% from 7,4% in August, the number of new jobs was lower than expected. In other words, the pace of economic growth could be such as to induce the Fed not to start tapering in September as feared by the markets.
Lo Btp Bund spread continues to rise 256 basis points and gold advances by 1% to 1,387 dollars an ounce. On the Syrian tensions, WTI oil breaks through 110 dollars a barrel, up 1,59%. The euro-dollar exchange rate also rose to 1,3167.
Good news for the Portugal which in the second quarter came out of the recession with a 1,1% growth in GDP.
A Business Square confirmed the increases at the end of the session Enel +4,6% thanks to the buyout of Ubs, Enel Green Power +3,1%, Ansaldo +2,81%. The CEO of General Electric Europe has not excluded an interest from Cernobbio where the Ambrosetti workshop is underway. ”As a company we always look at the opportunities that present themselves. We are ready to step in when price and strategy suit us. If there was an opportunity we would go and see what can be done”, said Ferdinando Beccalli-Falco.
They also date i major bank stocks: Unicredit +1,3%, Intesa +1,39%, Bpm +1,5%, Banco Popolare +1,32%, Mps +0,05%.
Banca Carige sells 3% while the Bank of Italy minutes have been sent to the Public Prosecutor's Office. Ubi bank -0,28%. Rcs +2,31% on the hypotheses of industrial partnerships: "The list of those with whom we chat is longer than the one with whom we don't chat", said CEO Pietro Scott Jovane from Cernobbio, answering a question on subjects with which the editorial group is discussing a possible industrial partnership.
Telecom holds at +0,33% amid heavy trading, three times the daily average, after Bernabé threw water on the fire of risk fever. ”You don't need an industrial shareholder, you need an industrial project. First the project, then the 'coalition', he said in reply to those who speculated about the arrival of financial partners Bernabè: 'we have already given'. At the bottom of the Ftse Mib Autogrill -2,13%, Ferragamo -1,23%, Mediaset -0,97%.
