Weak session for European stock exchanges, still wary of developments in the international crisis and penalized by the weakening of the dollar following a Tweet from Donald Trump. “Russia and China are playing devaluation, meanwhile the US is keeping interest rates low. Unacceptable!” thunders the president. On the Forex the greenback loses share and the exchange rate with the euro moves around 1,236.
Business Square he saves himself from sales and remains 23.329 points. Well Leonardo (+1,56%) and banking.
Slightly declining Paris -0,04% and Madrid-0,11%, while the losses are more consistent a Frankfurt -0,41% and London -0,91%, weighted by the advertising giant wpp (-6,5%), after the exit of the CEO Sorrell.
Wall Street opens higher and continues, for the time being, positive with attention paid to the quarterly reports. Today Banks of america published accounts better than expected (profits +34%), while the results of are expected with closed markets Netflix. The numbers of will come out this week Goldman Sachs e Morgan Stanley. On the macro front, retail sales rose stronger than expected in March after three consecutive monthly declines.
Among the raw materials the Petroleum is down, after the rally of the last eighth. Brent -1,63%, 71,4 dollars a barrel. Little moved They, 35,02 euros per gram.
Bond yields are slightly up. The BTP Italian fluctuates around 1,8%, separated by a differential with the Waist German by 127.20 basis points (-0,93%).
In the business square Leonardo attracts purchases, also thanks to a new contract in Pakistan for AW139 intermediate twin-engine helicopters.
Well the banks with Ubi +1,59%; Bper +1,01%. In asset management it goes up Finecobank, +1,1%. Among the insurance companies: Unipol + 1,18%. Telecom it appreciates by 0,35%, pending pending the court verdict on the integration of the agenda for the meeting of 24 April. Meanwhile, the German fund Shareholders Value Management would have a stake of just over 1% with the intention of supporting the Elliott fund in the fight with Vivendi.
Profit-taking penalizes Moncler, -1,12%, on the day of the meeting to approve the 2017 financial statements. Mediobanca Securities also cuts the Down Queen's recommendation to 'neutral' from 'underperform'.
At the bottom of the list Buzzi -1%; Snam -0,84%; Fiat -0,78%; Recordati -0,67%.
