Tuesday, October 18, 2016

Bags, Milan stretches with the banks. The euro recovered ground against the dollar – The Republic

MILAN - The european stock markets in a good upside, with a Piazza Affari, particularly driven by the sector of credit: at the end of the session Milan earns 2.02%, Paris’1,32%, Frankfurt 1,22% and London 0,76%. On the list of milan highlights the Monte dei Paschi, on the day of the board of directors that he has on the table the plan proposed by Corrado Passera for the strengthening of the institution: – on the flat there are also 3 thousand redundancies. Progress on the Bag of Wall Street: when you close the european markets, the Dow Jones index rises 0.5%, and the Nadaq of 1.15. Embossed Netflix, finally convincing regarding the growth of users, while Goldman Sachs celebrates a quarterly basis over the expectations with earnings above $ 2 billion.

Looking at the hot topics in operating rooms, Alberto Biolzi of Cassa Lombarda stresses the impostanza of meeting Ecb of 20 October, “especially after the recent spread of rumors on a possible cut of the plan of Qe. According to some analysts, the current shortage of bond in the market might induce the Ecb to change the parameters of the plan of purchases, but probably no one initiative will be launched before December. The movement of rise in interest rates, the government may continue on expectations of the return of inflation and this should benefit bond” linked to the dynamics of the prices. But the market also looks to the expectations for moves of Fed, the call to raise the cost of money by the end of the year. Expectations that have fueled the strength of the dollar. L’euro: closes down to 1,0977 dollars and 114,08 yen after a recovery in the opening influenced the declarations of the vice-chairman of the Fed, Stanley Fischer, about the downward pressures on exchange rates independent of central bank. Just moved the dollar/yen, to share 103,94. The sterling exceeds $ 1.23 a result of the statements of a member of the bar of the State of London according to which every decision regarding the exit of the Uk from the Eu will be voted on by both Chambers. It seems then deglaze the hypothesis of a “hard Brexit” left mainly to the initiative of the government.

The spreads between Btp decades and germany is stable in the area is 135 points. The yield amounted to 1,38%. The Istat has certified the increase, compared to the previous month, the index’s seasonally adjusted production in the construction: +3,4%. On an annual basis, the index corrected for calendar effects, increased by 4.2%. From Uk has emerged, instead, that the growth of inflation +1% per annum, while in the Usa and the dynamics of the prices has been in line with expectations with +0.3% in September.

today was a positive Day in the morning to Tokyo Stock exchange, which reverses the downward trend of the opening linked to the strengthening of the yen over the greenback. The Nikkei finished the day in the progress of 0,38% 16.963 points. Closures on the rise in pe, the chinese Exchanges: Shanghai index Composite salt 3.083,88 points, +1.40% of Shenzhen’s index Component salt, 10.797,02 points (+1,37%.

For the raw materials, the oil stabilizes to the closing of the european markets, with Wti just below $ 50 a barrel and thegold rose 0.5% to 1.261 per ounce.

Topics:
exchanges
asian
Wall Street
gold
oil
spread
euro
us dollar
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