Halfway through the session Business Square slow down the run. The FtseMib index marks a drop of 0,2%, around 21.700 points. Also down for the Stock Exchange Paris (-0,1%) And Madrid. Shine the star of Frankfurt, up nearly half a point. The German Stock Exchange is driven by the good performance of the auto giants, supported by good sales figures on the domestic market, at their highest in eight years: bmw + 2,2% Volkswagen + 2% Daimler + 1,5%.
The Stoxx European Automotive Index is the best sector index in the morning with a rise of 1,3%. After the strong rush of the previous sessions, Fiat Chrysler it is limited to a modest +0,4%. Ferrari + 0,10%.
Little effects from the publication of the index SME services, which fell to 55,1 points in August from 56,3 in July. The data is lower than expected, but still above the threshold of 50 points, which separates growth from contraction. Judging from the PMI data, according to Markit, the GDP of the euro area could grow in the third quarter at the cyclical pace of 0,6%.
In anticipation of Thursday's meeting of the ECB, theeuro it is stable around the threshold of 1,19 against the dollar.
After being closed yesterday for holidays, the American stock exchange is preparing to open up and come to terms with the new geopolitical tensions triggered by North Korea.
Il Petroleum it moved upwards: Brent rose by 0,6% to 52,6 dollars a barrel, Wti to 47,9 dollars (+1,1%).
The sharp rise in oil stocks, in particular, was confirmed in the middle of the session Saipem (+ 3,3%) and Tenaris (+ 3,9%). Eni advances by 0,7%. Saras +2%: the margins of the MED area have reached the record level of 6,80 dollars a barrel.
In all of Europe, the biggest drops are in banks (Stoxx -0,5%). Unicredit lose 1,4%, Understanding -0,6% Bpm bank -1%. They also go down Mediobanca (-1,2%) And Ubi (-1,7%).
Insurance is also down: Generali -0,8% Unipol -0,6%.
Among industrial stocks, stm marks a progress of 0,6%, slowing down after yesterday's leap Leonardo (-0,1%).
Still weak Telecom Italy (-0,5%), equal to Enel (-0,2%), after the downgrade of Rbc to Sector perform from Outperform. positive Snam (+0,7%), promoted by Rbc to Outperform.
