Markets remain nervous: Wall Street it is volatile and the European lists close a week to forget with a decline. Business Square loses the 1,33%. 22.166 points, after having slipped, during the session, even below 22.000 points. But the economic ship is going: Italian industry went beyond expectations in December, closing 2017 with an average growth of 3%, the best for seven years, in step with its European partners.
Stock market performance is similar to Paris, -1,41%; Frankfurt -1,25%; Madrid -1,2%: London -1,29%.
New York is in swing. After a good start in the slipstream to the approval of the budget by Congress, the Dow Jones is currently floating around parity. An insufficient trend, to breathe a sigh of relief on the sell-off in progress. On the other hand, last night's closure in the red sanctioned the official entry of Wall Street into a "correction" phase. Since the last peak on January 26, American stocks have lost more than ten percentage points and the global capitalization of equity securities has lost more than 5 trillion dollars.
Among the most penalized sectors is that of energy, with the descent of the black gold. Even today the Petroleum it is negative. The Brent it loses 2,18% and falls to 63,4 dollars a barrel. The wtf drops below $60 a barrel for the first time in six weeks. On the monetary front, the exchange rate remains little moved euro-dollar, in area 1,22.
Under pressure the packaging Italian, together with the peripherals of the entire euro area: the yield of the BTP 10 years at 2,07%, while the spread with the German 132.50-year bond it widens to 9,5 basis points, +XNUMX%.
In Piazza Affari, purchases pay off Unipol (+ 1,06%) and Unipolsai (+1,52%), in the wake of the accounts. For the same reason it goes up Mediobanca, +0,7%, which closed the first half 17-18 with record revenues and profits. On the rise General Bank +0,86% after publication of the good results of 2017, and campari, + 0,83%.
Profit-taking penalizes Finecobank, -3,9% and Bpm bank -3,19%. The descent continues Recordati -3,41%. The auto sector is bad with Fiat -2,95%. Downhill Prysmian -2,37; Eni -2%.
Flat Atlantia, which would have reached an agreement with the banks to obtain better financing conditions in view of the relaunch Abertis.