Italy Mibtel Index (weekly),20 week exponential average ingreen, 5 week exponential average inred, 52 week ROC (rate of change) inyellow,MACD (moving average convergence divergence) in green.
Italy Mibtel Index monthly chart, the red line is a 24 month exaverage, the yellow line is a 6 month exaverage.
Italy Notes & Links:
3/2/14 Italy's economy grew by 0.1% in Q4
Italy's unemployment rate rose to 12.9%
1/17/14 Italian joblessness has hit a fresh high of 12.7% in November, up from October’s 12.5% and the highest on record. Youth unemployment, at 41.6%, is also at an all-time high.
7/6/13 According to the Italian central bank, national public debt reached 127% of gross domestic product (GDP) last year, up from 120.8% in 2011, placing the country second in the European Union (EU) after Greece.
11/4/12 Six Italian scientists have been jailed for failing to predict the L'Aquila earthquake which killed 309 people in 2009. The scientists were found guilty of multiple counts of manslaughter and sentenced to six years in prison.
A new ordinance outlaws eating and drinking at historic sites in Rome, punishable by fines of up to $650. China is likely to import 57.5 million MT of soybeans in 2012.
6/3/12 Southern Europe's debtor states must pledge their gold reserves and national treasure as collateral under a 2.3 trillion stabilization plan gaining momentum in Germany.
Italy's unemployment rate hit 10.2% in April, its highest level since January 2004.
4/15/12 Italy's industrial output fell 0.7% MoM, and 6.8% YoY.
2/10/2012 In the US, since 1900, the longest anyone has had to wait for a positive return from a position in stocks (Index) is 17 years. In Italy its 74 years --so says the FT
9/18/11 Magistrates investigating an alleged prostitution ring in Italy have published wiretaps in which Silvio Berlusconi boasts of spending the night with eight women.
6/18/11 Moody’s place the government debt of Italy on alert for a possible downgrade.
9/10/10 QoQ Italy's gross domestic product grew by 0.5% in Q2 and by 1.3% % YoY
8/6/10 Italia’s GDP grew 0.4% QoQ
10/14/08 Germany, France, Italy, Spain, Holland and Austria have joined forces to launch the greatest bank bail-out in history, offering over 1.5 trillion in guarantees and fresh capital in a "shock and awe" blitz to halt the credit panic.
8/8/08 GDP in Italy fell 0.3%.
12/12/06 Italian Industrial Production MoM at 0.6% vs. 0.5% expected.
10/13/05 Italian industrial production in August rose 1.3% -- three times more than forecast by economists.
09/20/05 Italy's unemployment rate dropped from 7.8% to 7.7% in the second quarter, the lowest in over a decade.
07/22/05 The Italian economy will shrink marginally this year for the first time since 1993 and expand by slightly more than 1 percent in 2006, Bank of Italy Governor Antonio Fazio said on Friday.
05/12/05 Italy's GDP contracted 0.5% in the first quarter of 2005, weaker than expected.
12/28/04 An index of business confidence in Italy dropped from 90.1 to 88.9 in December, weaker than expected and the lowest in nine months.