European bourses start weak on Brexit fears

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Weak European stock exchanges starting on fears of a possible new postponement of Brexit, after yesterday's vote by the British Parliament. Milan moves back 0.5%, while Tokyo has closed slightly upwards.

More generally, the quarterly season of large listed companies continues to hold sway. In Europe, the Spanish utility Iberdrola and the French luxury giant Kering are worth mentioning. According to the S&P Market Intelligence consensus estimates, the first should close the third quarter with revenues of 9 billion and 291 million euros and profits of 835 million. For Kering, consensus expectations indicate an expected turnover of 3 billion and 800 million euros. Account day also in the United States where they should announce the results Boeing, At & T and Microsoft.

Today the BTp Italia placement is also concluded. The Treasury closed the sale of inflation-linked bonds to retail customers yesterday, collecting subscriptions for almost 3 billion euros. A demand of at least one billion is expected from institutional investors.

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