English housing bubble overwhelms funds and panic

The suspension of the Aviva, Standard Life Investment and M&G Investment real estate funds has unleashed panic on the British property market as in the days of Lehman: over 7% of total British investments in commercial properties are linked to these funds…
Terrorism scares but stock markets hold up

Only slight losses on the European Stock Exchanges - Piazza Affari recovers in the final and closes on parity: -0,01% the drop - Thump of Ferragamo and two-speed banks - Tenaris, Terna, Mediaset, Bpm, Banco Popolare and Saipem are in positive territory.

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