Clearances affect banking stocks in Europe and they are the ones that drive the stock indexes down, including the CAC 40 was down to -1.2% to -1.5% from the opening.
"L" DSK affair "is very disturbing probabblement even if the IMF denies it, the timetable for resolving the crisis of sovereign debt Greek, Portuguese and Irish. While Wall Street has reopened as scheduled in fall of -0.45% (-0.6% for the Nasdaq), the CAC 40 lost 1.45% in 3961, Frankfurt and Milan fell by -1.25% in London -0.8%.
The indices react much more negatively than the euro, the dollar was down -0.4% at 1.4165 against 1.4080 E shortly after the announcement of the indictment of DSK.
Today's figures are relegated to the background, like the Empire State index of the New York Fed, which plunged from 21.7 to 11.9 in the general indifference to the month of May. Should be monitored for 16h, the NAHB index for the housing market may also (due to 17).
Side values, in Paris, unsurprisingly, the 'financial' are particularly affected by the uncertainties surrounding the Greek financial situation, like Credit Agricole (-2.6%), Natixis (-1.7% to 3, 8 euros) and BNP Paribas (-1.6% to 52.7 euros).
The cars are also values the sentence in the ACC with a loss of 3.1% for Renault and 2.3% for Peugeot.
"L" DSK affair "is very disturbing probabblement even if the IMF denies it, the timetable for resolving the crisis of sovereign debt Greek, Portuguese and Irish. While Wall Street has reopened as scheduled in fall of -0.45% (-0.6% for the Nasdaq), the CAC 40 lost 1.45% in 3961, Frankfurt and Milan fell by -1.25% in London -0.8%.
The indices react much more negatively than the euro, the dollar was down -0.4% at 1.4165 against 1.4080 E shortly after the announcement of the indictment of DSK.
Today's figures are relegated to the background, like the Empire State index of the New York Fed, which plunged from 21.7 to 11.9 in the general indifference to the month of May. Should be monitored for 16h, the NAHB index for the housing market may also (due to 17).
Side values, in Paris, unsurprisingly, the 'financial' are particularly affected by the uncertainties surrounding the Greek financial situation, like Credit Agricole (-2.6%), Natixis (-1.7% to 3, 8 euros) and BNP Paribas (-1.6% to 52.7 euros).
The cars are also values the sentence in the ACC with a loss of 3.1% for Renault and 2.3% for Peugeot.
