Quote of the European market
Red numbers one more day in the European markets. The CAC lost 1.88%, the Eurostoxx fell 1.85%, the DAX 1.67% and 1.25% FTSE 100.
The day began with continuing downward falls yesterday, in a context of uncertainties about the impacts of Brexit and the Italian banking sector remain. The pound, meanwhile, today expands the falls recorded in the last session.
In the afternoon, US equities traded with mixed signals. Data services and composite PMIs are located above estimates. Markets expect the minutes of the Fed meeting tonight (20: 00H) are published.
In this context, the Spanish risk premium stands at 134 points, with the interest rate the 10-year bond at 1.164%.
macroeconomic news affecting the market quotation
in Spain, industrial production desdendió -0.5% in May (vs. 0.0 %and). In April production remained unchanged. In the case of the annual industrial production in May increased 1.0% (vs. + 2.2% e) in the adjusted for seasonal and calendar effects series, while rose 4.0% on the original series .
in Germany, factory orders flat in May (vs. + 1.0% e), versus -1.9% prior revised from -2.0% remained. While the indicator adjusted annual terms fell by -0.2% (vs. + 0.9% e), still lower than the revised April -0.4% (-0.5% previously) fall.
in the US, mortgage applications survey by the mortgage Bankers Association (MBA) for the week ended July 1 showed an increase in such requests of + 14.2% compared to the fall of -2.6% in the previous week.
in addition, the US trade balance ended in May with a trade deficit of 41,100 million (vs. previous -37.400m and 40 000 m estimated).
On the other hand, the final composite PMI compiled by Markit (NasdaqGS: MRKT – news) held in June at the 51.2 level as the preliminary data, while the services PMI end thereof month reached 51.4 (vs. 51,3e) from the preliminary 51.3. Also in the US, the ISM services composite arrived in June to 56.5 (vs. 53,3e) from 52.9 in May.
oil prices and dollar exchange rate euro European closingin the derivatives market oil futures are trading higher, trading at 46.65 dollars environment. In the forex currency market the euro lost ground against the dollar, so that the junction between two currencies is set in the vicinity of 1,107
Business News
Natural Gas (AMEX: EGAS – news). Has launched a tender offer for the shares it does not own Natural Gas Chile, which currently controls 56.6%, according to the terms of the agreement reached with Grupo Pérez Cruz, GPC, in December last year.
Abengoa (London: 0NUI.L – news) has announced the sale of its telecommunications subsidiary Abentel to Ericsson as part of its strategy to divest assets to shore up its delicate financial situation and achieve the targets set in the plan . feasibility
BFA-Bankia (Amsterdam: QU8.AS – news) has agreed to sell a portfolio of non-performing loans and failed to 385.9 million euros from various industrial sectors, as reported in a press release. From the group detailed that of this amount, 253.9 million euros related to bad loans and failed Bankia and 132 million euros remaining to BFA, the parent group
Sanofi (London:. 0O59 .L – news) has begun negotiations to acquire US biotech firm Medivation Inc (NasdaqGS:. MDVN – news), while increased its offer to $ 58 per share. Sanofi offer an additional 3 dollars per share in the form of a right of contingent value related to future sales of an experimental drug from Medivation.
Jupiter Asset Management, one of the largest investors in Deutsche Börse, has come to the fore to support its merger with London Stock Exchange Group PLC, stating that the agreement should not be torpedoed because of the political sensitivities surrounding the departure of the United Kingdom of the European Union.
Sales Inc (NYSE : VTR – news), an investment fund focused on real estate related to medicine, has signed an agreement of 1,500 million dollars to buy assets of a real estate fund Blackstone Group LP, entering the segment of properties associated with the university. .
Quote Ibex 35
in Spain the Ibex 35 closed with a fall of 1.75% in the level of 7926.2 points with Mediaset Spain standing out as unique value with gains. On the opposite side of the table, IAG, Popular (NasdaqGS: BPOP – News) and leading Bankia losses
The biggest variations were selective:
.
Cierre Blue Chips negative for the market. Telefonica fell 2.44% to close at 8,146 euros, Repsol (Amsterdam: RP6.AS – News) lost 1.80%, Iberdrola (Amsterdam: ID6.AS – news) 0.49%, Santander January 1, 86% and BBVA (London: 931474.L – news) 1.82%
Close intraday Ibex 35:
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