The European lists archive the last session before the green British elections and they are awaiting the outcome of tomorrow's vote with a certain aplomb, which will have so many repercussions on the eurozone and on Brexit. Overseas Wall Street, after a mixed start, continues in random order, still hanging on to the news on tariffs and waiting, in a few hours, for the end of the Fed meeting. The DJ is in negative territory, with Boeing and Home Depot, while S&P 500 and Nasdaq are trading higher.
Business Square it rises by 0,14% and consolidates over 23 thousand, at 23.155 points. Well Frankfurt + 0,57% Paris + 0,22% Madrid + 0,77%. London closes flat, frozen by the uncertainty of the polls. There GBP it is making slight progress and is recovering ground against the dollar (exchange rate 1,3175) in the face of new projections which show Boris Johnson firmly in the lead, after those which greatly reduced the victory of the current prime minister. Meanwhile, the EU is trying to give itself a green identity and Ursula von der Leyen, the new president of the European Commission, reveals the details of the "European Green Deal", a plan to make the Union the first continent "climate neutral" by 2050. Among the big events of the day there is also the press conference by Jerome Powell, at the end of the Fed's monetary policy meeting. Growth estimates are expected for next year, but no further interventions on the cost of money . No surprises on this front should also come from the ECB tomorrow, when Christine Lagarde will chair the meeting for the first time.
In this limbo theeuro-dollar remains nailed to 1,109. L'gold it appreciates and rises to 1475,85 dollars an ounce. The Petroleum it is declining, after US inventories rose surprisingly last week, against expectations of a decline. Brent -1,34%, 63,48 euros per barrel.
Still on the theme of black gold, the title of Saudi Aramco debuted with a bang on the Riyadh Stock Exchange +10%, confirming its status as the world's most profitable company, with a valuation of $1,88 trillion.
In Piazza Affari, in today's session oil stocks are not particularly brilliant: Saipem -1,57%.
The blue chips that make the biggest gains are nexi +3,83%, to a new high of 11 euros per share; Buzzi +2,29%; Enel +1,1%; Pirelli +1,56%. Still positive Atlantia +1,47%. Below Moncler, -1,88%; Juventus -1,29%; Prysmian -1,52%; fca -1,53%. Few insights on banks.
The news of the day should be sought outside the main list and concerns sapphire, which after its recent gains plummeted by 25,47% and was suspended due to excessive downtrend for most of the session. At the origin of the defeat is the new business plan, with a cut in estimates for 2020 and 700 redundancies. A bad blow, also due to the news of the release of the luxury licenses of Lvmh, after the market had celebrated the early renewal of the licenses for the Marc Jacobs brand in recent days.
Stable seat on the Italian secondary, with lo spread between 10-year BTPs and Bunds of the same duration at 154 basis points and the yield on the Italian 1,21-year bond at XNUMX%.
On the primary, annual bots were assigned with yields down to -0,191%, down by 6 cents compared to last month's auction.
