Close of the markets: Bags back to earnings and oil keeps falling – Jornal de Negócios – Portugal

Markets in numbers

PSI-20 fell 0.94% to 4972.32 points

Stoxx 600 gained 0.41% to 344 20 points

S & P 500 advancing 0.43% to 2089.71 points

“Yield” to 10 years in Portugal fell 3.7 basis points to 3.131%

Euro rises 0.33% to $ 1.1321

Oil depreciates 2.4% to $ 39.39 per barrel in New York

scholarships return to earnings

the Old Continent bags were to value this session, after having stopped the gains on Friday. The Stoxx 600 European advanced 0.41%, driven by increases in automotive companies and producers of raw materials. At a time when the expectations point to a breakdown of results in the first quarter, investors remain alert to the disclosure of accounts by companies with US banks to get positively surprised the market.

Since the PSI-20 index failed to keep optimism in Europe and closed with a fall of 0.94%. Although the shares of BPI remain suspended trading was marked by the announcement of a takeover bid for the bank’s capital after the end of negotiations between CaixaBank and Santoro, news that had a negative impact on BCP shares. The bank fell 5.61% to 0.0353 euros and was largely responsible for the fall of the national stock exchange.

falling risk premium

After they have led to correction in the last session, the Portuguese interest rates were to fall again in virtually all deadlines. The ten-year reference rate fell 3.7 basis points to 3.131%, on a day when the “bunds” German rose 3.4 points to 0.161%, with Portugal to reduce their risk premium against Germany for 296, 95 points. This decline occurs in a week when the Treasury prepares for an operation with short-term debt, which seek to raise up to one billion euros.

Euribor three months unchanged

the Euribor three months remained this Monday, April 18, unchanged. The reference rate remained stable at 0.249%, up from current historical lows in -0.251%. Already the Euribor six months for the first time negotiated with minus sign last November, rose today to -0.139%. In the longer term, to 12 months, the reference rate dropped to -0.012%, after declining to -0.028% in March, the current minimum.

Brazil falls with removal of Dilma in sight

the Brazilian real is this session losing ground at a time that is awaiting the Senate’s decision on the dismissal of Dilma Rousseff as president of the country. the currency down 1.4% as investors anticipate that there is no room for sharp increases this year, given the economic difficulties facing Brazil, regardless of who is in power. Dilma’s removal process took another step this Sunday, April 17, to be voted on – and approved – the House of Representatives, chaired by Eduardo Cunha (representative for Rio de Janeiro the Brazilian Democratic Movement Party). It now remains only the Senate.

Oil sinks after Doha meeting

Oil prices follow to fall more than 2% on the New York market, after already having been to fall more than 5% in the morning, to respond to the absence of an agreement between the major oil producers in meeting this weekend week. WTI, traded in the US fell 2.4% to $ 39.39 per barrel, while Brent in London, down 1.9% to $ 42.28. underperformance, a day after the Organization of Petroleum Exporting Countries have failed to reach an agreement to limit oil production. On the table was the possible fixed freeze on production in order to limit the supply of oil in the market and thus boost the price of raw materials.

Fall reserves supports zinc

zinc is the value for the second consecutive day, to be benefited by the fall in reserves, which fell to the lowest since 2009. the metal gained 1.4% to $ 1,898 per tonne metric on the London market, with the raw material to record the sixth rise in seven sessions. The sustain valuations are falling reserves, to the lowest level since August 2009, after the production cuts made by the sector.

Day Highlights

CaixaBank needs CMVM green light to announce takeover bid . The CaixaBank needs CMVM authorization to formally announce the new takeover bid for BPI. This is because has not passed 12 months after the end of the offer launched last year. The supervisor is already evaluating the request of the Catalan group.

With Isabel dos Santos attached to BPI, just speculation BCP . BPI announced the failure of negotiations between CaixaBank and Isabel dos Santos and who is reacting is BCP. It is that the purpose of the agreement also falls speculation around the bank led by Nuno Amado.

Want to invest in obligations of Benfica? Know the details . The SAD Sport Lisboa e Benfica will return to the market with a new issue of debt. Are obligations to retail investors offering a rate of 4.25%. The Business tells you what you need to know before you decide whether to invest or not.

Marcelo already enacted legislation that allows to solve the impasse BPI . The President has just given the green light to the government resolution which allows desblindar BPI’s statutes and thus resolve the impasse between shareholders.

Morgan Stanley profit down 53% and exceed analysts’ estimates . Morgan Stanley closed the first quarter with profits of 1.13 billion dollars, or 55 cents per share, a value that exceeds the estimates of 47 cents analysts.

What will happen tomorrow

Presidential uS . Stem from the primary New York in the Democratic and Republican parties.

first quarter results . Goldman Sachs announces its first quarter 2016 results.

Portugal Bank data . The regulator publishes a survey of banks on the credit market.

INE numbers . .. The institute presents the Economic Survey, on March

German Economy Germany discloses the Zew index that measures investor expectations on February [Previous: 4 3 points; estimate: 8.0 points]

.