Uncertainty about the future pushes European stock markets into the red zone, awaiting the opening up of Wall Street and the developments of the FBI investigation into Hillary Clinton's private emails. In the middle of the day 12 the Ftse Eb marks -0,76%, the cac 40 -0,75%, theIbex 35 -0,58%. Ftse 100 -0,42% Dax -0,34%.
In Europe, sales mainly affect the energy, retail and telecommunications sectors, while Piazza Affari is weighed down by the banks. It sinks Ps (-6,02%), but Unicredit also suffered (-2,38%), Bper (-2,63%), Banco Popolare (-2,22%), bpm (-2,39%) And Intesa Sanpaolo (-1,48%). You realize about Unipolsai (-0,81) and Unipol (-0,99%).
The fact nothing that you continue to register on Petroleum and the uncertainty about an agreement between the OPEC countries in Vienna at the end of the month puts pressure on the stocks linked to the black gold. The more penalized it turns out Eni (-1,63%), on which several brokers also lowered their price targets after the quarterly.
Bending for Generali (-0,93%). Cnh Industrial -0,77% after the quarterly and the confirmation of the 2016 targets. Among the few stocks with the plus sign ahead we continue to find stmicroelectronics (+ 1,37%).
Out of the main list we point out Alerion, at the center of a battle for control between Edison/F2i and Fri-El and Zucchi, which marks an increase of 8%, probably in the wake of the communication of the decrease in net financial debt at the end of September to 23,9 million , from 27,96 at the end of August.
Lo spread between Btp and Bund it travels at 148 basis points with a yield on the Italian ten-year bond at 1,65%. The spread between Bonos and German government bonds is equal to 106 points, with a rate of 1,22%.
On the macro front, the GDP of the Eurozone in the third quarter it grew by 0,3% compared to the previous year and by 1,6% compared to a year before. In the second it had grown by 0,3% and by 1,6% over the year. In the EU28, GDP rose by 0,4% over the quarter and 1,8% over the year, while in the second quarter it had marked +0,4% and +1,8% respectively. This was announced by Eurostat in its flash estimate. The institute also expects a rise in inflation in October, thanks to the accommodating policy of the ECB, which is gradually bringing prices back onto a growth path in line with the target. Expected inflation is up by 0,5% on a year-on-year basis, after +0,4% the previous month, in line with analysts' estimates. The same, unfortunately, does not apply to Italy, where instead inflation remains at a standstill even in the month of October. No change on a monthly basis and -0,1% compared to October 2015 (it was +0,1% in September).
Cold shower for Germany in retail trade, which is still slowing down, despite signs of economic recovery. German households contracted spending further in September, with a greater intensity than the previous month, for fear of the future. The monthly drop is 1,4% in real terms and 1,1% in nominal terms, below analysts' estimates, which were for a recovery of 0,2% after -0,3% in August.
The bag of Tokyo it closed slightly down (-0,1%): the moderately bearish trend is attributed to market caution after the news from the United States, which could call into question the outcome of the November presidential elections.
Meanwhile, however, the Japanese giant of cars, Honda closes the first semester of FY 2016/17 with a 12% increase in net profits and improved full-year estimates, despite the decline in sales related to the rising yen.
However, not all Japanese industry travels at this speed, on the contrary: the preliminary estimate of the Ministry of International Trade and Industry provides a seasonally adjusted index of stable industrial production on a monthly level, after +1,3% in the previous month. A figure that disappoints analysts who had indicated an increase of 1%.
In Tokyo's wake weak session for all major Asian stock exchanges. They close just below parity Hong Kong (-0,09%), Shanghai (-0,12%) And Shenzhen (-0,08%).
