Spread Btp Opens Stable at 290 Points, Positive Business Square – Economy

Piazza Affari starts to climb in line with other European price lists that welcome the direction of a policy less convinced by the Fed of a tightening of rates. Following the recovery of US indices on the eve and, internally, with an eye in the morning auctions to 4.25 billion Btp at 5 and 10 years, the last of the year, while the The gap remains stable at 290 points, the Ftse Mib index gains 0.83%. This is supported by Stm's (+ 2.72%), in line with the Nasdaq US technology run, by Banco Bpm (+ 2.07%), which brings the board of directors together to consider the offers of the Npl to a maximum of 8.6 billion, and the good intonation of Unipol (+ 1.74%). Also recovering Tenaris (+ 0.73%) following the slide of an investigation into a corruption case in Argentina. Only Eni (-0.08%) are at stake, while Carige is unchanged in the minor titles, pending today's board on the investment retention plan to be presented to the ECB.

European stock markets are moving well on the wave of sharp hikes marked on the eve by US listings with the idea that Fed Chairman Jerome Powell can adapt in one way or another. Another to put pressure on Donald Trump and return to a less restrictive monetary policy with the new year. On the other hand, there are fears, which have slowed the Chinese price scales, on a possible non-positive outcome of the tariff war by the Saturday meeting on the sidelines of the G20 in Argentina between Trump and his "colleague" Xi Jinping. The Paris countryside increased (+ 1%), followed by Frankfurt and Milan (+ 0.8% each). And also London (+ 0.76%) where the consumer goods giant Unilever is in line with the price list (+ 0.69%) following the change in the summit that saw Alan Jope replace the CEO left by Paul Polman.

Asian stock markets, followed by the new US price list and statements by Fed Chairman Jerome Powell, which pause interest rates next year, slowed during the session, also in Futures Use negative. The attention comes back to the meeting between Trump and Chinese President Xi and to the chances of a possible peace on the trade front at the G20 scheduled this weekend in Buenos Aires. Tokyo (+ 0.39%) and Seoul (+ 0.28%) ended well, while Hong Kong (-1%) and the Chinese Shanghai (-1.32%) and Shenzhen (-2.21%) .

Oil stops losses at 50.67 dollars a barrel – Oil prices stop losses close to lows for one year and begin the recovery. WTI crude oil contracts expiring in January yield 38 cents to $ 50.67 per barrel. Brent goes up 27 cents to 59.03 dollars.