Careful bags, waiting for the Fed – Repubblica.it

0
7
Facebook
Twitter
Pinterest
Linkedin
ReddIt
Tumblr
Telegram
Mix
VK
Digg
LINE


MILAN – Weak session for the European stock exchanges, with investors looking above all at Fed decisions, which tomorrow could announce a new interest rate cut, as strongly advocated by US president Donald Trump. Milan yields 0.07% in closing, London 0.34%, not significantly improving after the go-ahead by Labor to the early vote, Frankfurt 0.02%, Paris it goes against the current and ends at + 0.17%.In Piazza Affari, it was oil stocks in particular that weighed down the list: both Saipem (-1.5%) and Eni (-0.7%) were down. The luxury stocks were also negative, with Ferragamo (-1.2%) and Moncler (-1.1%). Bad for the automotive industry, with Cnh (-1.7%) and Fca (-1.3%). Exor also lost (-1.2%). Weak Pirelli (-0.2%) with accounts arrived at closed markets. In the negative also Tim (-0.3%) with Moody's to forecast a flat revenue growth for the quarterly TLC. On the parity, the debut on the list of the Newlat registration number (0.00%).
On the other hand, A2a stood out, at the highest level since 2008: nine-month accounts are expected for the Lombard utility, with favorable forecasts from analysts. Bene Stm (+ 1.5%), like other technology in Europe. Credit titles in random order: earnings for Unicredit (+ 1%), down Mps (-1.6%) and Intesa (-0.2%). Campari increased (+ 1.2%) after the accountsOn the currency front, theEUR. The single currency changed hands at 1.1155 on the dollar compared to the price of 1.1102 last night at the end of the day.

The spread is not very fast. The differential in the morning stands at 134 points, on the levels seen yesterday, with the yield of the Italian ten-year reference security at 0.98%. Rising rates in today's Bot auction. The Treasury has placed six-month bonds in auction for 6.5 billion euros, with a slightly higher return of -0.213% from -0.224% of the September placement.

Oil is down on the day when it finally seems to be paving the way for Aramco's listing. The Saudi state-owned oil company should begin the listing process on November 3 with an official announcement, while according to Bloomberg the subscriptions for the shares will start on December 4th. In New York, the December future on the WTI yields 0.41% to 55.58 dollars per barrel, while the analogous delivery on the Brent comes to 61.52 dollars (-0.08%).

"The Republic will always fight in defense of freedom of information, for its readers and for all those who care about the principles of democracy and civil society"

Carlo VerdelliSUBSCRIBE TO REPUBLIC

<! –

We are not a party, we do not seek consensus, we do not receive public funding, but we are standing thanks to the readers who buy us at the newsstands every morning, look at our website or subscribe to Rep :.
If you are interested in continuing to listen to another bell, perhaps imperfect and some irritating days, continue to do so with conviction.

Mario CalabresiSupport journalism
Subscribe to the Republic

-> <! –

->

Topics:
Petroleum
Aramco
EUR
gold
spread



Source link
https://www.repubblica.it/economia/2019/10/29/news/intesa_usa-cina_piu_vicina_borse_positive-239780912/

Dmca

LEAVE A REPLY

Please enter your comment!
Please enter your name here

2 × two =