Monday, December 5, 2016

Børsnedgang in Asia after Renzis departure – E24

the Outcome of the Italian referendum was to create a renewed concern for the political stability in the important eurolandet.

The key Nikkei-index went down by 0.4 percent to 18.349,92 points after the trade started in Tokyo. Topix index opened even slightly weaker with a decline of half a per cent to 1.470,42 points.

Through the trade has decline still.

To see it out on the most toneagnivende stock market indexes in the Asia clock 05.25:

** the Nikkei in Tokyo: down 0,95%

** the Hang Seng in Hong Kong: down 0,36 percent

** ASX 200 in Australia: down 0,86%

** Shanghai: down 1.3 per cent

** Singapore PATH: up 0,16 percent

the introduction of the Euro at its lowest in 20 months

the Euro lost rapidly in value after the election results began to become clear. The euro is now at its lowest in 20 years during trade in Asia.

Sunday night before the election results, the value of a euro around 1,067 dollars. After midnight the cost the down to 1,051, before it went up to cost something more. The clock 05.32 cost of euro1,058.

“We have reached a marginal new low level, but things are looking stable,” says valutastrateg marc Chandler at Brown Brothers Harriman, according to CNBC.

Against the yen weakened the euro up by 2.1 per cent, but the euro has picked up somewhat again, and is now down 1.2 per cent.

In China, it was released numbers on the innkjøpssjefsindeksen (PMI) for the services sector. The figure came into his 16-month peak in november. The index showed 53,1, from 52.4 in October. A number above 50 shows a growth in the services sector.

To the news agency TT says chief economist Robert Bergqvist, Seb that the market already has taken height to the outcome that arrived in Italy, according to Today’s Industry.

the Markets have a degree of 70 to 80 per cent is already taken account for this scenario. The conclusion many are now going to draw is that it can be a long process in Italy, and then comes the effects to subside, ” says Bergqvist.

the Prime minister goes by

Italy’s prime minister Matteo Renzi says that he goes off after the italians voted no to grunnlovsreformen his.

– We tried to offer the Italian people change, but we have not been successful.

It said the prime minister, when he just after midnight acknowledged his defeat: the People had voted no to his own proposal to change the constitution.

– this is my reign is over. When you lose, you can not pretend that nothing has happened. Long live Italy. I believe in Italy, and I believe in democracy.

Background: This is waiting Italy after the referendum.

the Background for the referendum was that the prime minister believed the reforms were necessary to ensure more political stability in a country that has had 60 governments in the last 68 years.

Renzi would give the government more power at the expense of the senate and regional and local authorities, and had in advance notified his resignation if he did not take the people with them. It was so also.

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