That the physical well-being of the US president was an element of strong interest was a known reality. And Trump’s health is today’s market driver. In fact, as everyone knows by now, the White House tenant and his wife tested positive for Covd-19. An unexpected event of enormous proportions given that this will force both of them to quarantine, right during the final rush of the electoral campaign. Obviously without counting the risks to the life of the president himself, now 75 years old. The stock exchanges noticed this and started a downward trend
European price lists
The Old Continent sees a passive general almost everywhere. The Italian Ftse Mib, at 4 pm, recorded a -0.3%, a level very similar to the French Cac 40 (-0.44%) and the English Ftse 100 (-0.25%). Worst of all the Dax in Frankfurt at -0.7%.
Ratings in Piazza Affari
In addition to the fact that Trump’s health is today’s market driver, there are also the ratings on Piazza Affari. In this case, Equita’s report with its buy on Banco Bpm (target set at 1.90) deserves a mention. Another buy also on Buzzi Unicem (24.40 euros), Coima Res (7.80 euros), Eni (10 euros), Iren (2.90 euros), STMicroelectronics (28 euros) as well as Telecom Italia (MIL:TIT) (0,47 euro).
The situation on Wall Street
The situation on Wall Street is slightly heavier. In fact, at the same time, that is 16 (Italian time) on the S&P 500 we read a -0.5%, on the Dow a -0.45% and on the Nasdaq even a -0.8%. But on the other side of the ocean, the real problem is not only Trump’s Covid but also the report on the change in employment in September. Report that outlines an unsatisfactory result and in any case below expectations.
The most important events in the macroeconomic calendar
At fixed times you can consult the economic calendar to read the outcome of the published macroeconomic data. Among the most interesting results today, as mentioned, precisely the data on US employment. In fact, in September there was no more than 661 thousand units, well below the previous figure of 1.59 million and even less, much less than forecasts. The consensus, in fact, reached 850 thousand units.
–
