La first Tltro operation launched by the ECB it went much worse than expected: 82,6 billion requested against a forecast of 130 billion. The response from the markets was positive, because the small number of requests testifies to the health of the system.
They go up Unicredit (+1,3%, request to the ECB for 7,75 billion), Understanding (+1,5%, loans for 4 billion) e Ubi (+ 2,4%). Mount Paschi (-0,3%) asked for 3 billion, Carige 700 million. Down Pop.Emilia (-1,4%). Mediobanca rises by 1,6% after the results announced yesterday and the confirmation that by June 2015 it will definitively exit from Telecom Italy (+ 0,7%) and Rcs (-0,7%).
Lo spread is stable at 134 basis points, while the index Ftse Eb (+0,43%) rises to 21,202, just below Frankfurt (+ 0,96%), Paris (+ 0,64%) and Madrid (+ 0,68%).
In Frankfurt it soars Bayer (+5%) following the announcement of the spin-off of the Material Science (chemical) division, valued at approximately 11 billion euro.
London, awaiting the response on the Scottish referendum, advanced by 0,49% . Over 4 million Scots go to the vote to decide whether to stay in Great Britain or create an autonomous state.
Il Petroleum it is still decreasing, with Brent at 98,8 dollars a barrel (-0,2%). Reverse courseeuro which now gains 0,15% against the dollar to 1,2884 euros.
Pending the Scottish result, the government bond market continues without jolts with the Spain which places 3,6 billion euros over 3 years at a rate of 0,565%, up from 0,697% in the previous auction. The new rate marks a new record low.
This morning Maria Maria Cannata, head of the Treasury for debt management, explained that the placement of government bonds above par has already allowed the Treasury to reduce the nominal funding envisaged for 460 to 470 from 2014 billion. The final amount could prove to be even lower also thanks to lower-than-expected repayments of public debt.
The Treasury is also open to a return to dollar issues in the event of a possible revival of interest in this segment thanks to less expansive policies by the Fed.
Few news outside the financial sector. It stands out among industrial stocks StM (+2%), after that the financial director Carlo Ferro he said that the third quarter will close with results in line with management's indications. Finmeccanica 0,7% salt, Fiat reverse course and earn 0,6%.
The oil sector is also flat: Eni + 0,3% Saipem + 0,4%. Eni has just announced a field discovery in Ecuador estimated to have reserves of 300 million barrels, the same size as the field discovered yesterday in Angola.
Enel is tied: the Board of Directors of the subsidiary Endesa has given the go-ahead for the reorganization of the group in Latin America/Iberian Peninsula. salt Iren (+3%). Contrasted the luxury: Tod’s -1,5% Salvatore Ferragamo -0,6%.
