On Wednesday Aston Martin announced that price of its share during company’s debut on stock market in London will be 19 pounds, Reuters reports. Total market value of luxury cars’ producer will be $5,6 billion.
Index of US futures grew together with European equities and euro after news from Italy relaxed investors a little bit, Bloomberg writes. Italian bonds are up and their yield dropped to 3,385%.
Consumer inflation in Turkey has been rising for six months already and reached the highest level in 15 years, Bloomberg reports.
In September inflation was 24,5%. This is higher than average forecast of Bloomberg’s economists, which was 21,1%. Monthly increase accounts for 6,3%.
On Wednesday euro started to grow from the lowest level in six weeks after report that Italy plans to reduce budget deficit in recent years, Reuters writes.
Euro grew by 0,35% to $1,1585 after it fell to the lowest level since August 21 ($1,1505).
On Tuesday Dow Jones closed at record high level, while drop in Facebook shares lead to decline of S&P 500 and Nasdaq at closing, Reuters reports.
Dow’s growth was caused by Boeing and Caterpillar rise after the US, Canada and Mexico agreed on new deal.
Oil is traded at price close to four-year maximum, as investors doubt OPEC’s ability to replace reducing Iran’s export, Bloomberg reports.
According to Bloomberg, pessimistic mood is ruling the stock markets on Tuesday. Partially, it is caused by political actions of Italy.
UK’s housing prices grew in September, although general picture of the country’s property market has not changed, Bloomberg reports.
Italian assets are under pressure again after head of budget committee in lower house, who is also a eurosceptic, announced that the country could solve problems with its debt with its own currency, Bloomberg reports.
The largest steel market in the world may change its direction, Bloomberg reports. According to forecast from Australian government, production in China will peak in 2018, and then will start to decline. It will, in turn, influence the market of key raw material – iron ore.
Amsterdam having about 845000 citizens observed new population inflows accounting to 10000 people annually starting from 2008, Bloomberg writes. Today locals worry that flow of newcomers after Brexit will put pressure on housing market that already faced deficit of supply and growing prices.
Factory output growth in euro area fell to the lowest level in two years, Bloomberg reports. It seems that consequences of trade war hit demand.
