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by Fabrizio Patti

22 July 2021


Third day of rise for the Ftse Mib index in Piazza Affari, after the crash on Monday.

At mid-session it rose by 1.21 per cent.

Yesterday + 2.36%, since the beginning of the week the balance is now positive, + 0.75%.


In the rest of Europe today London + 0.24%, Frankfurt + 0.98%.



Today the ECB will decide how to pursue the new symmetrical inflation target of 2% over the medium term.

At 2.30 pm, the president of the ECB, Christine Lagarde, will speak at a press conference.



The quarterly reports of the companies listed on Wall Street favored the change in pace of the markets.

So far 88% of those who publish the accounts have shown better than expected results, according to data provider Refinitiv.  



Oil also goes up: yesterday + 4% for Brent, today it still rises by 0.8% to 72.8 dollars a barrel. In recent days, after an agreement with OECD Plus to increase production, it had fallen from 76 to 68 dollars.


In Piazza Affari, eyes focused on Mps, today + 5.8%: yesterday the institute and the Mps Foundation made a preliminary agreement on the compensation requests that the foundation had requested for various corporate events, from the Antonveneta acquisition in 2008 to the increases of capital of 2011 and 2014-2015.



In the face of requests for 3.8 billion, there will be a payment of 150 million euros from the bank, which is also committed to enhancing the bank's artistic assets. This agreement could now simplify the privatization process of MPS.



Among the other securities of the Ftse Mib, higher rises for Bper Banca (+ 3.2%) and Banca Generali (+ 2.6%). Greater reductions for Amplifon (-0.1%) and Recordati (-0.55%).