We are pricing in a total lack of confidence in the outlook for Italian public finances, the 10-year spread itself is not so much a worry as short term yields which have exploded. Giuseppe Sersale More Quotes by Giuseppe Sersale More Quotes From Giuseppe Sersale Draghi faces the hard task of avoiding that satisfaction for this welcome development (higher inflation target) does not translate into a signal that the governing council has lowered the guard against the risk of deflation. Giuseppe Sersale industrials Investors are starting to think that banks are not as solid as previously thought. Giuseppe Sersale company-news Stress is high enough to trigger a reaction of monetary authorities to calm down nerves. And (ECB President Mario) Draghi tomorrow can do something. Giuseppe Sersale company-news Stress is high enough to trigger a reaction of monetary authorities to calm down nerves. And (ECB chief Mario) Draghi tomorrow can do something. Giuseppe Sersale company-news We are in a very volatile phase and it's not that surprising that any gains trigger profit-taking. Giuseppe Sersale company-news We are in a very volatile phase and it's not that surprising that any gains trigger profit taking. Europe is weighed down by a weak start at Wall Street. Giuseppe Sersale company-news Markets continue to discount disappointment over the ECB. You add oil prices making new lows, worries over U.S. high yield, China deflation and a mini credit crisis in Italy, then you have the cocktail that is weighing on markets. Giuseppe Sersale company-news Markets continue to discount dissappointmentr over the ECB. You add oil prices making new lows, worries over U.S. high yield, China deflation and a mini credit crisis in Italy, then you have the cocktail that is weighing on markets. Giuseppe Sersale company-news The focus of the market is on how much Draghi will be able to surprise. Giuseppe Sersale energy I doubt (Fed chair Janet) Yellen would want to sound particularly aggressive. The latest data have been mediocre ... and more time is needed to evaluate how far China and emerging markets have stabilised. And commodities prices have fallen. Giuseppe Sersale company-news
