MILANO – 9.15 am. European stock markets up cautiously at the end of the week on a day that looks above all to the expected monthly report on US employment. In the early Italian afternoon, the unemployment rate, the trend in wages and above all the new non-agricultural workers for the month of September will be disseminated. On this front, analysts expect employment growth of 500,000 jobs. The lists then benefit from the agreement reached between Republicans and Democrats on raising the debt ceiling which averted an economic shutdown. Positive session for the Asian stock exchanges that remain in the queue of the good day experienced yesterday by Wall Street: at the end of the day Tokyo concludes the session up by 1.34%.
Europe is also positive as mentioned. Milano grows by 0.21% at the start, London salt by 0.24%, Frankfurt is fractional declining e Paris grows by 0.1%. Among the currencies theeuro it is slightly down on the dollar: the single currency is trading at 1.1550 dollars against 1.1560 at yesterday’s close after falling to a 14-month low at 1.1529 dollars. After the disappointing data on industrial production, exports to Germany are also slowing down: in August, exports to Germany decreased by 1.2% in terms of calendar and seasonally adjusted compared to the previous month of July and imports increased by 3, 5%.
Among commodities, the price of the Petroleum approaching the $ 80 threshold. WTI crude from Texas is trading at $ 79.5 with an increase of 1.58% while Brent from the North Sea is trading at 83.1 (+ 1.43%).
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