(Il Sole 24 Ore Radiocor) – The European stock exchanges, after a modest upward start, they prefer caution and are looking for an opportunity to continue on the path of first week of the year, which saw the indices record a positive balance, however held back by the prospect of an anticipated hike in Federal Reserve rates.
However, the issue continues to hold its own, as does the expectation for the American inflation data for December, scheduled for January 12, while futures on Fed Funds now give almost 90% probable a first squeeze in March (the second in June is over 90% listed). Against this backdrop, investors initiated a sector rotation on equities to ease their positions in high-growth stocks, which have already raced a lot. Thus the FTSE MIB of Milan, on CAC 40 of Paris, on DAX 40 in Frankfurt, the Ftse 100 in London, theIBEX 35 of Madrid andAEX all of Amsterdam move with a very uncertain pace.
In Milan, eyes on Bper and Carige
Among the main Milanese titles in evidence Moncler, Leonardo e Banco Bpm, still down Iveco Group, down in the previous octave after the start of trading on January 3 following the spin-off from Industrial license. At a slow pace too Diasorin e Amplifon. Bper for sale after, according to rumors, the board of directors has improved the offer for Banca Carige to overcome the competition from Credit Agricole Italia. During the day, the Fitd shareholder met to evaluate the proposals on the table.
Ferrari in the spotlight with a new organizational structure
At Piazza Affari in the spotlight Ferrari, which announced a new organizational structure, defined after the arrival of the new CEO Benedetto Vigna. The CFO Antonio Picca Piccon, Enrico Galliera at the head of Marketing & Commercial and Mattia Binotto at the Sports Management have been confirmed. As explained in a note, this is “consistent with the strategic objectives of enhancing the exclusivity of the brand, enriching the excellence of the product, remaining faithful to its sporting DNA and focusing on carbon neutrality by 2030”.