European markets little moved, the spread reviews 190 points – The Republic

the MILAN - The dollar continues to strengthen on the prospect of a growth of interest in the United States, in view of a rise in the cost of money on the part of the Fed at its meeting in mid-December: the markets, the damage now for sure, and the implied odds (according to the future of a further tightening by the end of June rose to 60 percent. The greenback is so strong strip of a further rise against the yen since 1995, while the State bonds of the Usa and the gold are losing ground. Recovers a little ground l’euro: vis-à-vis the us dollar, while remaining below the level of the 1.06. The price lists of european close unsure: Milan is a little move (+0,08%) a fter a boot in the red, in line with the Frankfurt (+0,09%). Closing at the same level (+0,17%) for Paris and London. In Piazza Affari, you are always looking for Mps, with the board of directors has fixed the maximum price of the subscription for the increase from 5 billion 24.9 euro per share taking into account the grouping from 1 to 100 approved yesterday by the assembly. The action ended in the collapse of 13%.

Wall Street, yesterday, closed, today is back to work, but only through the service will close at 13 (19 in Italy), because of the festivities related to the Day of Thanksgiving, and the end of the session with another record: the Dow Jones earns 0.35% 19.150 43 points and the Nasdaq 0.34% 5.398,92 points. Also flies, the S&P500 rising of 0.39% to 2.213,30
points.

Winners and losers from voting american. White a basket of currencies in emerging, blue-the price of copper. The former have declined dramatically with the rise of Trump, and the prospect of a rise in Us yields, which has made squirt the dollar. The second benefit from the investment programmes announced by Tycoon

The Treasure has recorded a strong rise in yields of the securities sold today, and in particular: 3.5 billion of Ctz to 2 years, with the rate increased by 50 points compared to the previous auction last 27 September, touching the 0,283% (was -0,216%). The question was 1,47 times the amount awarded, and the equivalent of a 5.15 billion. In the same auction were placed 791,75 million Btp-i with a maturity of may 2022, with a yield of 0.51% and 414,25 million Btp-30 years (expiring in September 2041) with a gross yield of 1.74% annually. There was also growth In the spreads between Btps and German Bund, which sees share 190 basis points to the highest since 2014), but then retrace to 185 basis points with a yield of ten-year Italian at 2.1% on the secondary market.

From the Istat indicates that the setback for turnover and new orders of the industry, while the retail trade is weak and the sales of services sale of 0.1% in the third quarter. From Confindustria report that after +0.3% in put to sign from the Italian Gdp in the third quarter, in the fourth, the available indicators point to a slowdown (+0.1 percent). In France the confidence of households has remained unchanged in November, with the index at 98 points. Always beyond the Alps, the unemployment rate decreased in October by 0.3 percent from the previous month to 3.48 million people. The Uk Gdp in the third quarter, the first fully post-Brexit, is confirmed is confirmed in growth of 0.5% quarterly and 2.3% on an annual basis. From the front of the macro is recorded the rise of the trade deficit (preliminary) 62 billion dollars, adjusted for seasonal factors, by 56,1 billion in the preliminary data above. Cala inste ad to 54,7 points, index-preliminary Pmi on the services sector.

The Italian referendum remains high in the agenda of the trader international. Only yesterday Paul Diggle, an economist at Aberdeen AM, in a note presented him as a “big risk” for the fact that it could “seriously hinder” the program of reforms “and the Italian economy will suffer”. The observer recognizes that “most investors would prefer a victory of Renzi and the formation of a stable government but it will not make disappear the problems. Italy is close in a vise-toxic, low growth, banks in conditions of hardship and the threat of creeping populism political. None of these problems will disappear the day after the referendum”.

In the morning, the Japan has recorded the eighth month in a row of falling inflation, in the wake of the negative long because the two-year period 2009-2011, which stresses the difficulty of the central Bank in achieving the target of 2% expected at the beginning of the mandate. The consumer price index in the month of October, excluding fresh food and the most volatile components, fell 0.4%, in line with analysts ‘ forecasts. For the current fiscal year, the central institute led by governor Haruhiko Kuroda estimated price drop of 0.1% compared to the forecast of an increase of 2.1%, released in April 2014. However, economists point out that the recent depreciation of the yen, in the aftermath of the victory of Donald Trump in the presidential elections of the Usa, has created pressures to inflation due to higher import prices, thus increasing the profit margins of the companies. The decline of the currency of the rising sun is holding up the Tokyo Stock exchange, which closed the seventh session of consecutive gains with a +0,26%, exceeding in during the threshold of 18.400 points.

For the raw materials, the oil confirms to be in decline also at the close of european stock markets with the Wti to 46,7 dollars and Brent to 47.7 us dollars per barrel. The continued appreciation of the dollar pushes down the price of thegold, , which touched the lows of the last 9 months: the lingotto is able to recover in the afternoon by treating in the area 1.185 per ounce, with a recovery of 0.2%.