Yesterday we leave to house with a very negative closing of markets. Struck by the European Banking, all the markets eruopeos allowed to crawl with an Ibex that fell down 4,1 %, the DAX of Germany, 5,3 %, or the CAC of France 4,8 %, between others.
The big falls of the Spanish banks it dragged to the market even below 9.000 points, and the fact is that Banco Santander, whom they follow penalizing for his recent increase in capital, lowered 7,1 % (and it already takes a few falls of 12 % in this November), the BBVA fell down 9 % and the Popular one 7,3 %. In addition, JP Morgan joins the houses of analysis that cuts away to our two principal banks his estimation to them from sobreponderar to neutral.
Today we will be dependent again on all the European financial institutions, and the fact is that last night there were known the results of the third trimester of ING, of Hypo Real State and of Unicredit, and the three reflected in his accounts the results of the financial crisis.
Most struck it was the German Hypo Real State who has given a few results perceptibly worse to the waited ones by the analysts, in a crisis that is the worst of the bank from the Second World war. And and that this bank already received an injection for 50 million euros of the German Government, and yesterday he said again that they keep on waiting for more negative impacts in his accounts in the next results and probably in those of 2009. ING for his part, announced his first losses of his history, although at least it shelters in that the losses were minor than the awaited ones. Equal it happened with Unicredit, that it gave better results of for what they were waiting, although with a sensitive descent with regard to the results of last year.
Nevertheless, the strong yesterday descents, it has provoked that today the European Stock Exchanges open with rises of the environment of 2 %, although once again, the Ibex 35 is the one that less rises by little force that BBVA and Santander demonstrate, that although they rise concerning a 1 % they do not do it in accordance with as they should after the yesterday long pole.
Once again a meeting waits for us of being very dependent on the screens and especially, to the future North Americans. The opening of the Ibex was with an increase of 1,79 %, but only 20 minutes later it was already quoting with an increase of 1,03 %, while the futures of the Dow point at an increase of 1 %.
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