The German DAX 30 and the French CAC 40 are down by -0.20% and -0.25%, and the Italian FTSE MIB sheds -0.25%. On the 'green' are the Greek ATHEX and the Spanish IBEX 35, 'defended' by IMF's Lagarde, up by +4.07% and +0.53% on Friday.
The Eurozone industrial production s.a. (MoM) rose +0.6% in August like it did in July, surprising market analysts that were expecting a -0.4% contraction. The annualized w.d.a. figure contracted further from -2.8% (revised down from 2.3%) to -2.9%, but much better than the -4.2% consensus.
The Italian CPI inflation report for September came in line with consensus estimates. The month change of the headline figure was quite different from the EU normalized data, 0.0% vs +2.1%. The annualized data was relatively similar, rising to +3.2% (from +3.0%) and to +3.4% (from +3.3%), respectively. The French current account deficit widened from €-2.5B to €-4B in August.
Futures for the American S&P 500, Nasdaq 100 and Dow Jones 30 are signaling a higher opening between +0.12% and +0.27% ahead of US September PPI and the preliminary Reuters/Michigan Consumer Sentiment for October. WTI crude oil is up by +0.02%, at $92.06, and Gold rises by +0.04%, at $1768.