Relaxing on the spread. Well the Us occupation. The oil flies on the Opec agreement – The Republic

the ROME – Growth, well above the forecast employment in the private sector, the american in November. The figure, which anticipates the employment report that will be published on Friday, shows continued progress in the labour market. Meanwhile, markets continued the recovery phase, thanks to the rally of oil on the agreement between the Opec Countries to cut production, given now for the fact. In Italy continues the beneficial effect born with the rumors according to which the Ecb is expected to fall in the field to counter the growth of the spread, in case of victory of the “no” in the referendum on Sunday.

According to the monthly report compiled by Macroeconomics Advisers, and by the agency that is responsible to prepare the payroll Automatic Data Processing, in the last month have been created 216.000 jobs, while the estimates were for a rise of 170,000. The small companies have added some 37,000 jobs, the average 89.000, the large 90.000. In the services sector, the new employees were 228.000 while in the sector for the production of goods workers declined by 11,000 units. A good performance of the labour market will definitively the Fed on track for an increase in the cost of the work, analysts say.

markets registers a trend of slight to the spreads between Btp and German Bunds in the aftermath of the drop-down Tuesday: the yield differential between ten-year Italian and German stable area 175 points, pushed yesterday to the downside from the rumors according to which the Ecb would be ready to increase purchases of our Btp if a possible victory of the No in the Referendum on 4 December caused a strong contracclpo in Italian securities. The yield of the bond ten-year tricolour on the secondary market remains below the threshold of 2 percent, at the height of 1,95%.

european markets closed positive with Milan in the recovery of 2.23%. The positive impact of the Monte dei Paschi, which confirms the recovery of the eve (+5,7%), while the banks in the complex treat in random order. From the point leap of Saipem (+9,6%), which benefited from the recovery of crude oil. the London add 0.17% final, Frankfurt 0.19% Paris sale of 0,59%. Is contrasty, Wall Street, which celebrates the indices of industrial lifts for oil and tap the new record: when the european markets start closing, the Dow Jones rises 0.4%, the S&P 500 gains 0.2% and the Nasdaq is instead weak by 0.3%.

From the macroeconomic front you record, the growth of inflation in France, with a +0.7% from annual, while concerned about the failure of Rbs stress test on banks by the central institute for the british. In Italy, according to the Centre for Studies of Confindustria, the trend is towards a setback to industrial production in November, with a down 0.4% after +0,7% in October. L’euro: stabilizes on the dollar in the area of 1,065. Again in the Usa, and registers the +0,3% of the consumption expenditure of the October, below estimates, while the personal income score +0,6%, above estimates.

Noted special of the day is the oil, the rally in the wake of the agreement – given, made by the international agencies – among the Opec countries on production levels. Prices are accelerating again after the official announcement of the agreement: the market of New York Wti crude oil rises 9% to 49.3 dollars per barrel. The Brent crude is advancing by 8% to 50.2 in dollars.

In blue, the collapse of oil prices, starting in the summer of 2014, which has not been followed by a cutting of the production of Opec (the white line)

November will be a month to forget for thegold, which is preparing to close with a deficit of 6.8%. The metal with immediate delivery, after the rise of the morning, back to suffer in the afternoon and lost 1.1% at the close of the Eu markets. In the month just past has suffered from the next rise in interest rates of the Fed and strengthening the dollar, which have reflowed investors verses the asset Usa not to mention the refuge assets.

In the morning, the index Nikkei of the Tokyo Stock exchange has closed in on levels absolutely stable (+0,01%) to 18.308,48 points, supported by a yen back to weaken over portion 112 against the dollar. The asian markets do not show a clear direction is that investors are awaiting today’s meeting of oil-producing Countries, and data Friday on employment in the Usa. Industrial production in japan in October rose by 0.1% compared to the previous month, increasing for the third consecutive month of increase. A slightly higher than expectations, linked to the recovery of exports. It happened, for example, for the export of vehicles increased by 1.7% compared to the year before (with a monthly production down 4%). The construction of new homes in japan has made a jump of 13.7 percent.

The Stock exchange of Seoul stands out is the sharp rise in the Samsung Electronics, whose shares touched a historical record after the promise of higher dividends to shareholders (eur 3.4 billion) and a corporate structure more rational (on the request of certain foreign shareholders). Negative closing for the chinese Exchanges of Shanghai and Shenzhen. The Shanghai Composite gives 1% to 3,250 points, the Shenzhen Component leaves on the ground 0.2% (11.012 points).