Lonely run of Business Square, which closes up by 1,08% and goes back to 21.111 points, the highest for over a month, while the other European markets are much more cautious, if not negative and Wall Street is weak.
Italian bank stocks fly together with government bonds: Ps +4,07%; Bpm bank +3,6%. The spread it dropped by 4,08% and returned to 223.80 points, with the 2,7-year yield falling to 1,6%. Investor confidence is instilled by Economy Minister Giovanni Tria's goal of keeping the deficit/GDP ratio within 5% in the next Budget Law. An ambitious goal that must however take into account the needs of the Lega and MXNUMX stars to follow up on their electoral promises on flat tax, pensions and basic income. This evening there is a new summit in view of the finalization in the next few days of the update note to the Def, with the new macroeconomic and public finance framework.
The sitting is electrifying for telecom, +4,01%, e Mediaset, + 2,9%.
in the rest ofEurope: Frankfurt -0,23%; Paris -0,07%; Madrid +0,42%; London -0,05%; Zurich -0,36%.
Wall Street it is weak: the Nasdaq retreats, while the Dow Jones, after an opening in the red, tries to recover even though they always remain around zero. The moves of Donald Trump on tariffs and the expected countermoves of China are keeping the markets in check, in a game with unpredictable outcomes. According to the advances of the WSJ, the US president today or tomorrow will announce new duties on about 200 billion dollars of Chinese goods, with tariffs around 10% against the expected 25%, thus reserving the possibility of increasing the dose. However, this jeopardizes the negotiations scheduled for 27 and 28 September.
Il dollar he suffers from it. The euro appreciates against the greenback and the exchange rate approaches 1,17.
Il Petroleum, like Brent, floats at 77,37 dollars a barrel, with a slight upward correction of 0,19%.
L'gold it turns back on and goes back over the threshold of 1203 dollars an ounce.
The queen of the Piazza Affari price list is Telecom, in the wake of the good performance of European telephones. Furthermore, today the president Fulvio Conti and the CEO Amos Genish were received by the premier Giuseppe Conte.
Mediaset on the other hand regains color after the meeting between the deputy prime minister Matteo Salvini and Silvio Berlusconi in which the minister allegedly reassured the publisher on maintaining the current rules on advertising sales.
Among the blue chips shine Cnh +2,78% and Saipem +2,78%. High jump of Atlantia, + 2,64%.
Banks closed a very good session, with the exception of Banca Carige, which remains flat in view of Thursday's meeting from which the new board will emerge, while the ruling of the Court of Genoa on the validity of the Mincione list is awaited.
Sales hit stm, -2,17%, which lines up with the downside of American technology. Ferrari falls by 1,4%, after the defeat in Singapore and on the eve of the Investor Day. Leonardo down -0,83%; Moncler, -0,55%; Recordati -0,73%%. positive fca, +0,4%, with the Fim taking sides against the sale of Magneti Marelli, deeming the spin-off operation preferable. Furthermore, according to Il Sole 24 Ore, the due diligence with Kkr would have been completed over the weekend, but the fund's proposal would be far from the 6 billion euro requested. ytrewq
