August 26, 2019 / 4:02 AM / 21 days ago

Italy - Factors to watch on Aug. 26

The following factors could affect Italian markets on Monday.

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 .

POLITICS

Italy’s anti-establishment 5-Star party and the main centre-left opposition PD are struggling to break a logjam over who could lead a new government as a deadline to avoid early elections draws near.

ECONOMICS

Italy’s deficit for next year is on track to be well below target with public finances going much better than expected, outgoing Economy Minister Giovanni Tria said on Sunday.

DEBT

The 10-year Italian bond yield dipped to around 1.30% IT10YT=RR on Friday, close to its lowest level in almost three years. The gap over German bond yields was at 195 bps, having narrowed to 190 bps earlier in the session, its tightest in four week.

GENERALI

Generali and Allianz are the two insurers left in the race to win a bancassurance deal with Spain’s BBVA worth 1.5-2.0 billion euros, Corriere della Sera said on Sunday.

ESSILORLUXOTTICA

Third Point LLC, the U.S. hedge fund that has pushed for changes at companies ranging from Nestle SA to Campbell Soup Co, has amassed a stake in Ray-Ban maker EssilorLuxottica, people familiar with the matter said on Sunday.

ALITALIA, ATLANTIA

The Italian railways, infrastructure group Atlantia and US carrier Delta are due to meet in Atlanta, USA on August 31 to try to wrap up a rescue deal for troubled carrier Alitalia but Italy’s political uncertainty and problems over routes in North America, Asia and Latin America are weighing on the talks, Il Messaggero said on Sunday.

(*) JUVENTUS - Captain Giorgio Chiellini gave the titleholders a 1-0 win at Parma in the opening Serie A match of the new season on Saturday.

(*) AS ROMA - AS Roma were held to a 3-3 draw at home to Genoa on Sunday after giving away their lead three times .

(*) SS LAZIO - Lazio kicked off with a 3-0 win at Sampdoria..

TREVI FINANZIARIA INDUSTRIALE

Shares in Italy’s Trevi Finanziaria Industriale were automatically halted from trading on Friday after rising 9.86%.

Bourse After Hours market closed.

For Italian market data and news, click on codes in brackets:

20 biggest gainers (in percentage)............

20 biggest losers (in percentage).............

FTSE IT allshare index

FTSE Mib index........

FTSE Allstars index...

FTSE Mid Cap index....

Block trades..........

Stories on Italy...... IT-LEN

For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:...............................

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