Italy - Factors to watch on Oct. 10

illimity Bank SpA

10/10/2023 05:00

The following factors could affect Italian markets on Tuesday.
    Reuters has not verified the newspaper reports, and cannot
vouch for their accuracy. New items are marked with (*).
    
    For a complete list of diary events in Italy please click on
 IT/DIA .

    
    ECONOMY
    ISTAT releases August industrial output data (0800 GMT) and
monthly bulletin on the state of the economy in September (0900
GMT).
    Bank of Italy releases August data on Italian residents
deposits with domestic banks, banks lending to non-financial
companies and gross bad loans at Italian banks.
    Italian economic weakness is likely to continue in coming
months amid tighter credit conditions and the erosion of family
finances due to inflation and stagnant salaries, national
statistics bureau ISTAT said on Monday.
    
    DEBT
    Italy's Treasury said on Monday it would sell up to 8
billion euros in 4 Btp bonds at an auction on October 12.
    Italy's rising bond yields are a "wake-up call", the
country's central bank said on Monday, urging the government to
be prudent in its budgetary policy.
    
    COMPANIES
    EXPRIVIA  XPR.MI 
    The company said on Monday it would buy back up to 9.9% of
its share capital for an amount of up to 8.7 million euros. 
    
    LU-VE  LUVE.MI 
    Board meeting on Q3 preliminary results.
    
    DIARY
    "Made in Italy summit 2023, Boosting Global Competitiveness"
event online starts (1230 GMT); ends on Oct. 12. On Tuesday
expected attendees include UniCredit  CRDI.MI  CEO Andrea Orcel,
illimity  ILTY.MI  CEO Corrado Passera (1310 GMT); Transport
Minister Matteo Salvini (1340 GMT); Borsa Italiana Chairwoman
Claudia Parzani (1400 GMT); Environment Minister Gilberto
Pichetto Fratin, Mundys Chairman Giampiero Massolo, Justice
Minister Carlo Nordio (1525 GMT); business lobby Confindustria
President Carlo Bonomi, Industry Minister Adolfo Urso via
videoconference.
    Rome, Parliamentary Budget Office (UPB) President Lilia
Cavallari (0715 GMT); Economy Minister Giancarlo Giorgetti (0900
GMT) due to speak before Senate and Chamber of Deputies Budget
committees on preliminary examination of the government's new
economic and public finance targets that will underpin its 2023
budget.
    Rome, Foreign Minister Antonio Tajani speaks before Chamber
of Deputies and Senate Foreign Affairs committees on the main
topics on which Italian action in the U.N. and EU spheres is
focused (1100 GMT).
    Rome, Interior Minister Matteo Piantedosi speaks before
Anti-Mafia Parliamentary Committee (1030 GMT).
    Rome, Eni  ENI.MI  celebrates 70th anniversary at the
presence of Prime Minister Giorgia Meloni, Eni Chairman Giuseppe
Zafarana, Eni CEO Claudio Descalzi (0945 GMT).
    Milan, event "Transition to Net Zero - energy Innovation" in
presence and online; expected attendees include Prysmian Group
 PRY.MI  CEO Massimo Battaini, Eni  ENI.MI  CEO Claudio
Descalzi, Italgas  IG.MI  CEO Paolo Gallo, Edison  EDNn.MI  CEO
Nicola Monti, Acea  ACE.MI  CEO Fabrizio Palermo, Snam  SRG.MI 
CEO Stefano Venier.

    
    ((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))
    
    For Italian market data and news, click on codes in 
brackets:

    20 biggest gainers (in percentage)............ .PG.MI 
    20 biggest losers (in percentage)............. .PL.MI 
    FTSE IT allshare index  .FTITLMS 
    FTSE Mib index........  .FTMIB 
    FTSE Allstars index...  .FTSTAR 
    FTSE Mid Cap index....  .FTITMC 
    Block trades..........  .BLK.MI 
    Stories on Italy......  IT-LEN 
    
    For pan-European market data and news, click on codes in 
 brackets:
  European Equities speed guide................... EUR/EQUITY 
  FTSEurofirst 300 index.............................. .FTEU3 
  DJ STOXX index...................................... .STOXX 
  Top 10 STOXX sectors........................... .PGL.STOXXS 
  Top 10 EUROSTOXX sectors...................... .PGL.STOXXES 
  Top 10 Eurofirst 300 sectors................... .PGL.FTEU3S 
  Top 25 European pct gainers....................... .PG.PEUR 
  Top 25 European pct losers........................ .PL.PEUR 
 
  Main stock markets:
  Dow Jones............... .DJI   Wall Street report ..... .N 
  Nikkei 225............. .N225   Tokyo report............ .T 
  FTSE 100............... .FTSE   London report........... .L 
  Xetra DAX............. .GDAXI   Frankfurt market stories .F 
  CAC-40................. .FCHI   Paris market stories... .PA 
  World Indices..................................... 0#.INDEX 
  Reuters survey of world bourse outlook......... EQUITYPOLL1 
  Western European IPO diary.......................... WEUIPO 
  European Asset Allocation........................ EUR/ASSET 
  Reuters News at a Glance: Equities............... TOP/EQE 
  Main currency report:............................... FRX/