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The euro falls, positive banks in Piazza Affari

The banking sector rebounds on the Ftse Mib, despite the thunderbolts of the Wall Street Journal against Deutsche Bank (-2%) - Fiat, Marchionne: the group's second quarter accounts are "great, in line with expectations" - Stm collapses after the accounts – After yesterday's large increases Enel, Finmeccanica and Saipem are down – Spread Btp-Bund at 160 bp.

The euro falls, positive banks in Piazza Affari

Continue shootingeuro which is confirmed at around 1,346 against the dollar. After an uncertain start, the European price lists are taking courage. salt Paris (+0,59%), such as London (+ 0,63%) e Madrid (+ 0,23%). Milano, weak at the start of the session, turns positive: the Ftse Mib index gains 0,4%, to 20.955.

Meanwhile, the BTP, whose yield falls to 2,76% (-1 basis point), the lowest in the last month. The spread it is at 160 bp.

The banking sector rebounds in Piazza Affari, despite the thunderbolts of the Wall Street Journal against Deutsche Bank (-2%), accused of having provided inaccurate data to the New York Federal Reserve. Fly to Lisbon Banco espirito santo (+5%) after the parent company put its Swiss assets up for sale. 

Intesa Sanpaolo is up 1,6%. Banco Popolare reversed course and gained 1,5%. Just below Unicredit (+1,3%), which is examining the hypothesis (so far rejected) of a sale of Pioneer. Banca Popolare di Milano + 0,3% Monte dei Paschi +0,3% after Socgen's sell to hold promotion. Where's Banca + 1,9%. Generali 0,5% salt, Mediolanum loses 1,5%. 

The Stoxx auto index is also recovering, driven by German industry. Daimler rose by 2,5% after announcing that in the second quarter it made operating profit of 2,46 billion euros, up 12% year on year thanks to the contribution of the Mercedes Benz brand. 

Fiat loses 0,3%. The group's second quarter results are "great, in line with expectations", said Sergio Marchionne, CEO of Fiat, on the sidelines of the inauguration of Officina 82 at Mirafiori, underlining however that he is "never satisfied, I am not like numbers."

Pirelli it is down by 0,7%. Worst stock of the Ftse Mib index is stmicroelectronics (-4%). The leading European chipmaker has regained profit confirming expectations, but indications on revenue growth are lower than analysts' forecasts. 

They are down, after yesterday's large increases, Enel (-0,7%), Finmeccanica (-1,4%) And Saipem (-1%). Mediaset loses 1,4%. Telecom Italy -0,4% after the positive start on the wave of expectations for Marco Patuano's trip to Brazil: the market is betting on the integration between Tim Brazil and Gvt (Vivendi team). In great evidence Buzzi (+3,5%), promoted by Equita. 

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