Positive session for the financial markets, with a slowdown at the end. Starting from Piazza Affari, which benefits from several positive factors: a) the inflow of purchases of government bonds, following the outcome of the extraordinary operation to finance the banking system launched by the ECB (530 billion to 800 banks against 489 billion to 523 institutions in December); b) the driving effect of the excellent data on the American GDP (+3% in the last quarter of 2011 against the expected 2,8%), which among other things confirms the favorable forecasts of exporting companies (see Luxottica); c) the effervescence on some banks, see Mps and Unicredit, in view of the waltz of the armchairs.
The index FtseMib rises by 0,04% to 16.351. The Exchange of Paris stops at -0,04%, Frankfurt -0,46% London drops by 0,95%.
The BTPs are strengthened: the 5,17-year yield fell to 18% (-334 basis points). The spread with the German Bund fell to 2 points, a new low since 2011 September 2. Once again, however, the Oscar belongs to the 28-year BTP, which fell by 2,09 points to 2010%, on its lowest since November 2,27. The yield fell below that of the Spanish Bono at two years (XNUMX%).
The euro is slightly down to 1,340 against the dollar, from 1,345 at yesterday's close. Wall Street also opens higher, the S&P500, Nasdaq and Dow Jones gain between 0,2% and 0,3%. Good macro data are supporting US stock markets: in addition to GDP growth, the better-than-expected result of the survey among Chicago purchasing managers on the state of the economy is above expectations at 64 points, the consensus estimated 60 points.
In addition to the now usual leap forward of Apple Lossless Audio CODEC (ALAC), (+2%, new all-time high close to $550), which on March 7 will reveal the secrets of the new iPad, the Bull looks to JPMorgan Chase (+1%): CFO Doug Braunstein said the bank aims to increase profits by 25% to 24 billion (from 19 billion).
Also in Europe the increase is driven by the banks (Stoxx sector index +1,7%). A real boom explodes in Piazza Affari for MontePaschi (+ 3,99%) on the wave of the Perfume effect, Unicredit greets Rampl's farewell with a +1,72%. In great dust too Popular bank (+ 1,47%), Pop.Milan (+ 4,9%) and Ubi (+ 1,99%). Understanding drops by 0,88%. In asset management they shine Mediolanum, up 3,24%, e Azimuth (+ 1,67%).
On the downside it is Fondiaria-Leaves (-4,7%) that Unipol (-2%), after the position taken by the Ligresti family who confirmed their intention to proceed with the merger with the Bolognese company. Premafin salt by 4,7%. In the meantime, the race continues Luxottica (+6,30%) after the fourth quarter results released yesterday evening. Management gave surprisingly positive indications for 2012.
The landslide also continues Mediaset (-2,48%). Among the industrialists, Prysmian salt by 1,1%, Fiat Industrial by 1,07%. Down Fiat (-2,86%). After today's markets close, the joint press conference will be held in Paris between General Motors e Peugeot .
