Eu grants little moves after the Ecb, the euro dropped to its lowest since march – The Republic

the MILAN - Hour 13:25 The european stock markets move in a random order in the aftermath of the Ecb meeting that has the unchanged interest rates and Quantitative easing. London salt 0.4%, while Frankfurt is unchanged, Paris gives the 0.2% and Milan decreased by 0.1%. Square Business continues the recovery of the Monte dei Paschi di Siena.

market attention turns to Brussels, where the european Council, while in the morning, the minister of Economy and Finance, Pier Carlo Padoan, spoke at the Goethe-Universitat asking the most “european integration” and by supporting the work of the central Banks. To listen to him, even the president of the Bundesbank, Jens Weidmann.

In the meantime, the forecasters of the Ecb have revised slightly upwards the growth estimate for the euro area for this year rises to 1.6% and from 1.5% expected at the end of July. And’ what we read in a note published by the european central Bank, which collects the results of the Spf (survey of professional forecasters), an economic survey is conducted on a quarterly basis, on the basis of the forecast of economists of main financial institutions and not of the Eurozone. The estimates of the Gdp in 2017 is confirmed to 1.4%, and for 2018, down 1.5% from the previous of 1.6%. The estimate of the long-term to 2021, a growth of 1.6% (revised from 1.7%). The data were collected between 30 September and 6 October on a total of 47 economists, according to which domestic demand will continue to be the main engine of growth in the area.

The spreads between Btp decades and germany is at an altitude of 135 points. The yield amounted to 1.35%. Exchange euro-dollar in the drop 1.089, the currency of the Old continent is also weak compared to the pound sterling, falling to the share 0,8912. The euro continues to give ground and is now at the lowest level since last march. Yuan drops to a record low on the dollar on the markets in offshore. The dollar, driven by the weakening of the euro, touching a maximum record of 6,575651 yuen in the markets offshore, such as Hong Kong, where the chinese currency is traded freely. The offshore yuan is accessible to anyone, while onshore is strictly under the supervision of the chinese central bank.

In the morning, however, the Tokyo Stock exchange has closed down, taken to the benefit of investors as a result of the surge in the eve. The list has suffered from the collapse of 6.5% of Nintendo, which yesterday presented the new console Switch. The product, a home console, which if necessary can become a laptop, has not fully convinced the investors, because it is not very new on the front of the virtual reality, on which tip the rival Sony. In Tokyo the Nikkei declines 0.3% at 17,184.59.

II the price of the oil is on the decline, for the sockets of the benefit of the investors after the recent rally. Also the uncertainty on the supplies excessive to penalize the price of oil. Asian markets futures on Light crude retreat of 21 cents a 50,42 dollars and those on Brent was down 18 cents at 51,22 dollars per barrel. L’gold is a slight decrease in 1.236,79 dollars an ounce in the asian markets, leaving on the ground to 0.16%. Negative close to the Bag Wall Street, yesterday, with the Dow Jones index on 18.162 points (down 0.22%) and Nasdaq to 5.242 (-0,09%).