MILAN – The European markets treat birds in an uncertain day. Jars Milan that closes down 0.77% after a good start, while the other of the Old Continent Bags store the day in positive territory: Frankfurt 0.28% , Paris 0.53% and London of + 0.3%. In Milan you look carefully at Carige, in red after that Apollo has opened to an “amicable solution” to buy the Italian bank and make it a pole of attraction for other institutions, in particular the four banks saved by the government with the controversial decision at the end of 2015. well even Mediaset, that it would close alliance with France’s Vivendi, while the telecommunications sector is suffering after the stop to the merger of Orange (formerly France Telecom) and the countrymen of Bouygues, whose securities yield crash . Wall Street moves slightly below parity: when they close the markets of the Old Continent, the Dow Jones index yields 0.1%, the S & amp; P500 moves back of 0.3% as the Nasdaq. Also weighing are the factory orders declined 1.7% compared to an expected -1.6%. The idea that prevails in the markets is that the Federal Reserve proceed with caution when raising interest rates, allowing more time to investors in the process of “normalization” of monetary policy, after years of free money and liquidity injections unprecedented. In Europe, however, while the risk of low inflation remains a “burned” the field economist of the ECB, Peter Praet, remember that the central bank has reacted vigorously and “will continue to do so in the future if necessary.” Weak the view for oil, more so after that Saudi Arabia has bound to the behavior of Iran and other major producers its willingness to freeze production: in short, do not you still see an OPEC agreement on the horizon. ‘ € closes the almost stable against the dollar below 1.14 share. The single currency is changing hands at $ 1.1385 and backs against the yen to 126.62. Continues the phase of appreciation of the Japanese currency to the greenback, inaugurated with the Fed’s accommodative positions: the dollar is at its lowest in two weeks. The spread between BTP and German Bund is just moved into the area 110 points (108 closing last Friday) with a 1.23% yield. The macroeconomic agenda is stingy with significant insights in the week that Italy is characterized mainly as approaching to the presentation by the Def government, in which you will take note of the slowdown in the recovery. Today we look at the confidence of European investors, while the Istat confirmed the deficit / GDP at the end of 2015 to 2.6%. Important to the decline in unemployment in the eurozone in February, fell to 10.3% from 10.4% in January, while it was 11.2% a year earlier, its lowest value since August 2011. In the 28 has remained stable to 8.9%, down from 9.7% in February 2015, and records from May 2009. in the US, eyes on orders of factories and manufacturing ISM index of New York. the price of oil is stable after a decline last Friday, due to the reverse of Saudi Arabia on the Doha summit on April 17. Riad Iran does not intend to grant a derogation from membership of a freezing of joint production and therefore now seems very unlikely that the summit will end with an agreement that allows to raise the prices. In New York WTI Light crude yields 15 cents to $ 36.64 and Brent gained 8 cents to $ 38.75. L ‘ Gold is down to $ 1216.31 an ounce recording a drop of 0.5% in Singapore after closing last Friday at an altitude of 1222.60 US dollars. closing slightly down, in the morning, for the Tokyo Stock Exchange who also had left Up: -0.25% to 16,123.27 points. The
- Topics:
- European shares
- Asian stocks
- Wall Street
- gold
- oil
- spread
- EUR
- dollar
- Fed
- Use rates
- Starring:
No comments:
Post a Comment