August 30, 2019 / 4:03 AM / 16 days ago

Italy - Factors to watch on Aug. 30

The following factors could affect Italian markets on Friday.

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 president asked Giuseppe Conte on Thursday to head up a coalition of the 5-Star Movement and opposition Democratic Party (PD) on Thursday, a move that could improve Italy’s fractious relations with the European Union.

Conte will hold talks on Friday with the main parties in parliament: Fratelli d’Italia (0730 GMT); Lega (0830 GMT); Forza Italia (0930 GMT); Partito Democratico (1030 GMT); Movimento 5 Stelle (1130 GMT).

Italy appears to be moving closer to ending a three-week political crisis with the collapse of one government and the arrival of another, but an online vote could still puncture market euphoria and plunge the country back into chaos.

ECONOMY

ISTAT releases July employment rate data (0800 GMT), flash August CPI and HICP data (0900 GMT), final Q2 GDP data (1000 GMT).

COMPANIES

Bourse After Hours market closed.

CNH INDUSTRIAL

The Italian-American industrial vehicles maker is considering a possible spin-off of its truck unit Iveco as part of a wider reorganisation plan, a source with knowledge of the matter said on Thursday.

(*) FIAT CHRYSLER

There are no new talks about an alliance between the Italian-American car maker and French peer Renault, Renault board member Martin Vial told French radio on Friday.

(*) ATLANTIA

The 5-Star Movement and PD, the two parties seeking to form a new government, have agreed on the need to review motorway concessions to reward investments, daily Il Sole 24 said on Friday. It will be Prime Minister Giuseppe Conte who will decide on any possible revocation of Atlantia’s motorway concession, it said.

(*) ENEL

China Three Gorges, the French company Engie, Grupo Energia de Bogota and the US fund I Squared Capital are among possible rival bidders of Enel to buy assets U.S.-based Sempra Energy is selling in Chile and Peru, il Sole 24 said.

(*) SAFILO

The Italian eyewear maker and German fashion house Hugo Boss renewed the license agreement for the BOSS and HUGO optical and sunglass collections to 31 December 2025, Safilo said on Friday.

JUVENTUS

The Italian soccer team will face Atletico Madrid, Bayer Leverkusen and Lokomotiv Moscow in 2019-20 Champions League group stage after Thursday’s draw.

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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