The bags hold after the attacks of Paris – The Republic

Milan – European stock markets are experiencing a day in the swing, but without shocks, after the attacks in Paris that are likely to affect global economic growth fueling fear. Fresh from a tough week on fears of rising interest rates on the dollar, the lists start exchanges uphill, then recover at the end Milan Stock marks -0.14%. Contrasted the other: London adds 0.46%, Frankfurt salt of 0.05% and Paris down 0.08%. The Milanese listing RCS closed down more than ten percentage points, with a market capitalization that is below 300 million Euros. Even Wall Street is cautious upside: the closure of European markets Dow Jones is unchanged and the Nasdaq salt of 0.3%. “We expect that the airlines, tourism and even consumer goods negatively affected while the aerospace & amp; defense and home entertainment could be pushed upward,” say the experts at Credit Suisse. The spread in the area dates back 100 points, while the BTP make 1.58%. L ‘ € closed down at $ 1.0718 after hitting a minimum of six and a half months of $ 1.0685 in the wake of growing expectations of a rate hike in the US in December, towing Also the greenback to share 123.08 yen. Stable at 131.89 euro / yen.

Saturday had been the president of Confindustria, Giorgio Squinzi, to fear repercussions especially on the Asian markets. Tokyo closed down 1.04% at the end of a session characterized by a few exchanges. A session also weigh on the GDP data: the lifeless Japanese economy, despite the policy of stimulation of the so-called ‘abenomics’ adopted by Prime Minister Shinzo Abe, will come out of recession can not be confirmed in the third quarter (July-September ): the GDP recorded a further decline of 0.2% and 0.8% on an annual basis. The Italian Government, however, try to reassure the experts explain that the growth estimates will not be revised, even after the slowdown in GDP in the third quarter of the year.

Before the attacks in Paris operators especially looked to Friday, when the ECB President Mario Draghi will intervene to “Euro Finance Week ‘in Frankfurt, but is likely to speak today from Madrid: the number one Eurotower could reiterate the will to strengthen the quantitative easing also to reduce tensions on the markets. In Italy, the parliamentary agenda holds the center’s work on the law of stability, while the G20 in Antalya – Turkey – as well as addressing the issue of terrorism, the leaders ask more efforts for growth.

From the macroeconomic point of view the week has no data able to change direction to the lists already concerned about the slowdown in Beijing and the prospect of a rise in US interest rates in December, which he is leading investors looking for yields to break free from defensive assets. The tightening in the US arrive before Christmas, however, is far from clear and the usual rich agenda for action of members of the FOMC is likely to complicate the ideas. Eurostat, meanwhile, has revised upward inflation in October.

Among the raw materials the price of the oil confirmed unresponsive to geopolitical tensions and moves downward circuits New York in line with the uncertain trend of Wall Street. WTI light crude yields 38 cents to $ 40.36 a barrel, London Brent crude lost 78 cents to $ 43.69 a barrel. Rising prices of ‘ Gold : the COMEX gold ounce with December delivery is changing hands at $ 1,084.9, 0.3% more compared to the previous year.

Arguments:

Asian stocks

European shares

spread

Milan Stock

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