The panorama is mixed today markets worldwide, including extraordinary corporate operations, macro data, geopolitical concerns and central banks.
In particular, i euro zone price lists close lower, while Wall Street is progressing and the Dow Jones (+0,2%) seems ready to set a new record.
Europe in red, except London
European markets closed with a fractional decline, with the exception of London +0,48%, supported by the performance of many oil stocks, which moved today in tune with the trend in the price of crude oil.
Business Square it lost 0,44%, despite the jump of Telecom, +4,5%, in an effervescent European telecommunications sector after the French Iliad, surprisingly, proposed to Vodafone (+3,75% in London) by merge the Italian activities of the two groups in a joint venture.
On the Ftse Mib the black shirt of the day goes to Classic Ferrari for sale, -3,42%, on which Intermonte analysts have cut the target price.
They retreat from recent highs Frankfurt-0,62% and Paris -0,37%, also decreasing moderately Amsterdam -0,5% and Madrid -0,43%.
The unexpected weighed on European sentiment decline in German business confidence in December (86,4 from 87,2 and estimates at 87,8), while some cold winds blew from Asia on the day of the start of the BoJ meeting, which will close tomorrow and which could be the only one of major central banks to tighten its (still ultra-accommodative) monetary policy next year.
From a geopolitical point of view, the news that on Monday the North Korea launched what appeared to be a long-range ballistic missile.
Wall Street positive, US Steel soars
Overseas Wall Street it moves forward and stands out among the titles US Steel (+26,6%), at the highest levels in a year, after the news that it could be purchased by Nippon Steel, the largest Japanese steel group, one of the largest in the world. The figure is around 15 billion dollars, including debts.
Euros up
In the USA and Europe we are listening to the statements of the various people central bankers and despite attempts by Fed officials to cool market enthusiasm, futures indicate a 74% probability of a first rate cut as early as March. In this context, the dollar weakens slightly and the euro changes around 1,09.
Oil and gas on the rise with tensions in the Red Sea
Prices are rising today Petroleum e gas, due to problems on the Red Sea trade route which could put supplies at risk. Some shipping companies have announced that they will no longer use the vital artery of international crude oil trade, given the growing number of attacks on oil tankers recorded in recent weeks by Yemen's Houthi rebels.
Brent appreciated by 2,46% to 78,57 dollars a barrel; Texas crude rose 3,07% to 73,62 dollars a barrel. However, Goldman Sachs slightly reduced its 36-month Brent price forecast to $72 a barrel.
Meanwhile, prices are also rising today gas in Amsterdam, which are close to 36 euros per MWh, with a jump of around 8%.
Piazza Affari, red debut for Cucinelli on the Ftse MIB
The title debuts in red on the main list BRUNELLO CUCINELLI, -1,29%, in a generally weak luxury sector. In fact, he retreats Moncler -2,29% and Classic Ferrari for sale it's even the worst blue chip of the day.
Sales also hit stm -2,88% and Finecobank -1,92%.
Diasorin lost 1,94%, due to realizations after the presentation, last Friday, of the industrial plan to 2027, which disappointed the market a bit. Broker Jefferies cut the target price of the stock to 98 euros from 102 euros.
Bank shares found a plus sign during trading: starting with Unicredit +1,84%, to follow Bpm bank + 0,93% Ps + 0,44% Bper +0,2%. It's an exception Understanding -0,38%.
Oil stocks close with good progress: Eni + 1,32% Tenaris + 1,12% Saipem + 0,53%.
I bounce for Campari +0,9% and Prysmian + 0,89%.
Stable spreads
Flat calm on the secondary market for government bonds: lo spread between 168-year BTPs and Bunds of the same duration closes at 3,75 basis points. Rates rise slightly, to +2,07% and +XNUMX% respectively.
