
Yields falling for Italy, Germany and France
AI-generated summary
The spread between German 10-year BTPs and Bunds is an indicator of the yield differential between Italian and German government bonds, used as a thermometer of market confidence in Italian debt.
The spread between German ten-year BTPs and Bunds opens lower at 103.4 points compared to the 105.7 points recorded at the closing on the eve. The Italian annual yield drops 3.9 points to 4.33%, the German one 1.6 points to 3.3% and the French one 3.7 points to 4.76%. The differential between French and Italian securities therefore rises to 42.7 points.

Asian and Pacific stock markets closed on a positive note following the higher-than-estimated US inflation data (+0.4% monthly). Tokyo rises by 1.3%, Seoul by 2.6%, Taiwan by 3.62%. Positive futures on Europe and Wall Street. Italian industrial production and requests for US mortgages are on the way.

The general director of the ABI Marco Elio Rottigni declared that the dilution over ten years of the Superbonus tax credits that can be offset in 2027 could cost the banks around 3 billion in devaluations, with negative effects on income accounts, assets and liquidity starting from the 2026 balance sheets, and raised doubts about the constitutionality of the measure.

The Labubu, Pop Mart puppets distributed in blind boxes, exploded in 2024 thanks to stars such as Lisa from Blackpink, Dua Lipa and Rihanna. In the first half of 2025, sales reached $1.93 billion with profits increasing by almost 400%. Global sales recently fell as much as 50% in the quarter ending September 2026, with U.S. revenues down at least 70%.

Trade between Italy and Mexico grows by 8.6% in the first nine months of 2026, reaching 8.04 billion euros. Italian exports are at 6.8 billion (+5.2%), while Mexican ones rise by 29.8% to 1.3 billion.

Lmdv Capital, family office of Leonardo Maria Del Vecchio, has approved the 2025 financial statements with a net profit of 59.9 million euros, more than doubled compared to the 25.6 million of 2024. The Gross Asset Value rises to 690.5 million and the net assets to 328.6 million. The result is the result of the transition to the IFRS international accounting standards and the revaluations of the portfolio of 57 companies.

At the Ministry of Labor, metalworking unions and Acciaierie d'Italia have not reached any agreement on the extraordinary redundancy fund for 8,622 employees after the shutdown of the plants in the Taranto hot area. From 12 December, INPS will pay the cash directly, while the company will only provide the payslip for any hours worked and economic integration. The unions are calling for a meeting at Palazzo Chigi to clarify the future of the plant.