european stock Exchanges in the extension (follow here the main lists) boosted by the positive performance of Wall Street after the number one of the New York Fed Bullard said he expected Us interest rates low for a long time. In Milan new exploit for the Monte dei Paschi di siena while you are in the board of directors on a quarterly and on an industrial level. The title of the bank of siena earns more than 30% – after be entered multiple times in the auction of volatility, with a market capitalization that has exceeded the one billion euro mark. Traded the 14% of the share capital. From the closing last Monday, the stock has doubled its price.
The equity markets have not been scared of the news to the lights and shadows coming from the East : in September, Japan’s exports fell again, decreasing by 6.9% per annum), for the twelfth consecutive month of decline, reflecting the strong yen. They have also suffered a decline of 16.3%, including the imports of the Country of the rising sun. In China, the yuan remains at the minimum on the dollar, after the chinese central Bank has fixed the parity on the greenback to share 6,7690, at the lowest level since September 2010 and a decrease of 132 basis points compared to a fixed exchange last Friday. The people’s Republic has launched the move on the assumption that in the States the Fed will raise interest rates. In Europe, it has been announced that the good data on manufacturing activity, with the growth of the private sector which reached the highest level of the year. And’ what emerged from the flash estimate spread from Markit. The Pmi improved in October t o 53,3 points from 52,6 in September. The FTSE MIB index has a better performance in Europe benefiting from the performance of Mps Bank.
Spain, via get rid of the socialists to the government Rajoy
Shines Madrid, Spain is ready for a new government
In the first row , however, this morning is Madrid, which is celebrating the decision of the socialist party to give away for free, through a position of abstention, to the birth of the new minority government led by the leader of the popular Party, Mariano Rajoy, in this way Spain should exit from the political impasse of the last period, avoiding the need to resort to third choice in the course of a year.
Bullard, Fed St. Louis: “Rates low in the future,”
The attention on Wall Street – after the improvement of the domestic economic activity shown by the index Chicago Fed in September – is still on the quarterly, but also on public interventions of the different representatives of the Federal Reserve starting with the number one on the New York Fed, William Dudley. The president of the Fed of Saint Louis , James Bullard, speaking at the University of Arkansas, has pointed out that the cost of money, the Usa will remain at very low levels in the future. “Low rates are likely to continue to be the norm in the next two or three years,” he said, adding that rates should remain exceptionally low” in the future. In his speech, Bullard has not provided his vision on the upcoming monetary policy of the Fed, which will meet on 1 and 2 November and then the 13th and 14th of December.
‘ activity ‘ american manufacturing has accelerated the pace in October. The flash estimate of the manufacturing index Pmi, compiled by Markit, stood at 53.2 points, an increase by 51,4 reading flash of mid-September, and best of 51,5 points in the final reading last month. The figure confirms also a layer associated with the expansion of the economic situation, which is more than 50 points.
Rocca Salimbeni, still at full throttle, well the banks
At Piazza Affari, the attention is again concentrated on Banca Mps, after the sprint-recorded by the shares last week. Sprint of almost 60%. The securities, which initially they were not able to make price, mark rising by double digits, including the exchange boom. The rest of today, the board of directors of the institute will approve the accounts for the first nine months, and it will launch the recovery plan. The Sun 24 Hours has indicated that certain investment funds of Qatar may invest up to 2 billion euros in the framework of the project strengthening of the balance sheet of the bank.
Mps, are Soros and Paulson
A further billion euro could be put on the plate from the bottom of George Soros and the financier John Paulson. As to the accounts of the quarter, Icpbi were stored in revenues of slightly over a billion euros ( 1.16 billion in the second quarter), operating costs of 642 million and an operating profit of 383 million. They are also well set also other actions of the banks, from banco Popolare, Bpm and Bper, daIntesa Sanpaolo, Unicredit and Ubi Banca.
Under the lens Snam, Italgas towards the Stock exchange with revenues of 1 bn
And’ weak Snam rete Gas , in the day in which the management of the subsidiary Italgas, which was launched at Piazza Affari and the beginning of November, meets the financial community in London. The objectives provided by management on the 2016 speak of consolidated revenues and pro-forma excess of 1 billion euros and an ebitda margin of 65% of revenues. The dividend per share for 2016 will be equal to 20 cents. The coupon,reports the company in a note, “to be sustainable in the medium term”, and in 2017 and 2018 there will be an annual increase single-digit.
Telecom is still in the ascent in view of the quarterly
Are popular in the Telecom Italia, while it took the countdown to the approval of the accounts in the third quarter, on the calendar for the next 4 November. Analysts bet on numbers improving. Raises the head of Mediaset, after having gone on a roller coaster last week, still affected by the news on the legal battle that is looming on the horizon, with the French Vivendi, the sale never went in port of the tv platform, Premium.
Euro still weak on dollar, oil loses altitude, on the spread
On the front of the exchange, remains weak in the euro, which continues to remain below the threshold of 1.09 in relation to the dollar (see here the main cross). Lose share of the oil (follow here Brent and Wti), after that Iraq has expressed opposition to any production cuts. The spread of the Italian is on the rise in area 142 points, reflecting the opinion expressed on Friday by Fitch on the Italian sovereign debt, which has confirmed to "BBB+" rating on the sovereign debt of the Country, but has revised downward the outlook for the coming quarters from 'stable' to 'negative'.
Usa, improves the index Chicago Fed in September
The economic activity, american national has increased the pace in September while remaining at levels associated with a phase of slowdown. The index that measures the performance, prepared by the Federal Reserve of Chicago, and rose to -0,14
points in September, after the -0,72 points in August (revised downward from to 0.55 points in the first estimate). The moving average of the last three months and fallen by -0,14 points to -0,21 points.
(Il Sole 24 Ore Radiocor Plus)
© Reproduction reserved
No comments:
Post a Comment