Fca in honor in Milan, while for EU grants a negative start is imminent



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<p>  In Piazza Affari, the titles of the galaxy Agnelli, Fca <span clbad= in the first place, after the board of directors Saturday, which precipitately launched the change at the top in all the council of the group in which Sergio Marchionne was sitting, in less than an hour we will understand how the markets will react to the goodbyes of the top manager and the arrival in his place of Mike Manley , named ad of FCA Louis Carey Camilleri driving Ferrari and Suzanne Heywood, new CEO of Cnh Industrial .

Last Friday, the title FCA closed by 2.31% to 16.41 € in a session that was low for the entire European automotive sector, Cnh to 8.82 euros, -0.25%, and Ferrari o nt registered -2.4% to 119.8 euros. Fca gained 10.1%, Cnh lost 21.02% and Ferrari gained 36.9%. Among other things this week begins the season of the quarterly Piazza Affari and just Fca and Cnh will publish their accounts for the period, respectively on Wednesday 25 and Friday 27 July.

For the rest of the other European stock markets, the opening is decidedly narrow. Asian stock markets remained weak during the last trading hours this morning due to continued tensions in international trade. In particular, the weakest square was Tokyo. On Friday, Friday's session closed just below par, with the Dow Jones down 0.03% and the S & P 500 up 0.09%, while the Nasdaq Composite lost 0.07%.

The first quarterly season in the United States was satisfactory, with the majority of companies exceeding expectations. The accounts managed to offset the lingering uncertainty on the trade front and the comments of President Donald Trump, who criticized the Federal Reserve's actions on rate hikes and hinted that the dollar was too strong.

Meanwhile, in the currency area, the dollar has remained weak in the last hours, continuing the negative trend that began after Trump's statements. This morning the euro / dollar trades above 1.17 to 1.1730.

On the macroeconomic front, there is an expectation for the ECB meeting on Thursday with President Mario Draghi's press conference. Today, the day is meager, with the exception of the June Cfnai Usa index (14:30) and the July Preliminary Consumer Confidence Index update of the euro zone (16.00).

Returning to Piazza Affari, the focus is also on Carige who published the ECB's demands in the invi-nal missio last week when Frankfurt rejects its plan to preserve capital. To follow also Mayor Tecnimont who announced this morning to have won two contracts worth $ 527 million from Lukoil Nizhegorod NefteorgSyntez, a subsidiary of Jsc Lukoil.

Meanwhile, Fincantieri signs with Princess Cruises, the trademark of Carnival Corporation & plc, the largest cruise ship company in the world, an agreement for the construction of two next-generation liners at the Monfalcone shipyard of 175 thousand gross tons, which will be the largest until made here in Italy, with deliveries scheduled for the end of 2023 and the spring of 2025.

It should also be noted that today Enel releases the dividend balance of the 2017 financial statements (€ 0.132). Also waited the accounts of the semester of Luxottica and Inwit with a conference call on the agenda for both at 6:30 pm

The public offer of purchase and the voluntary exchange launched by Vittoria Capital on the shares of Vittoria Assicurazioni . The operation will end on August 24th. Today, however, Pluto's total mandatory purchase offer for Snaitech shares is ending

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