· Pas de miracle : DJ -4.1%, S&P500 -4.3%, NASDAQ -4.0%, NIKKEI -3.5% et EUROSTOXX -4.7% et en baisse de 0.1% en ce moment.
· TAUX DIRECTEURS : la BCE devrait a réduit son taux à 1,5% et a tenu un discours peu encourageant sur l’économie. Trichet a exclu la possibilité d’une déflation prolongée et a évoqué plutôt une inflation très basse. Le message n’a pas du tout rassuré les marchés mais qui s’en inquiète réellement à la BCE. La Bank of England a abaissé son taux central à 0,5%
.
· SECTEUR FINANCIER : l’hémorragie continue dans tout le secteur, en particulier au Benelux. Les assureurs emboîtent le pas aux bancaires qui, elles-mêmes, ne ralentissent pas la cadence. L’Allemagne a l’intention de prendre des dispositions visant à autoriser la nationalisation d’institutions bancaires, dans le but de sauver HYPOVEREINSBANK.
· Le VIX (indice de volatilité des actions américaines) en hausse à 50.2. L’or remonte à 939.1 USD l’once et le pétrole (BRENT CRUDE SPOT) est stable à 44.01 USD. Le USD en léger retrait face à l’EUR à 1.27. Le spread CMS 10-2 ans à 1.38. Les CMS 5 ans est à 2.646 et le 3 ans à 2.215.
_____________________________DISCLAIMER____________________________ This e-mail and any attachments are private and confidential. They are intended only for the use of the named recipient. If you are not the intended recipient, please delete this e-mail immediately and notify the sender. Any form of reproduction, copying, modification, distribution and/or publication of this e-mail is prohibited. Please note that the integrity and security of e-mails cannot be guaranteed on the Internet. E-mails can involve substantial risks, e.g. lack of confidentiality, potential manipulation of content and/or senders address, incorrect recipient, viruses, late treatment, etc. ING Bank (Switzerland) Ltd bears no responsibility for any loss or damage resulting from the use of e-mails. Please be aware of the fact that a single employee of ING Bank (Switzerland) Ltd is not able to commit ING Bank (Switzerland) Ltd by his/her sole signature, unless expressly authorised to do so by a specific power of attorney, and is therefore not able to commit ING Bank (Switzerland) Ltd by way of an email sent under his/her sole name. As a matter of principle, ING Bank (Switzerland) Ltd does not accept any orders, revocations of orders or authorizations, blocking of credit card, etc. sent by e-mail. Should ING Bank (Switzerland) Ltd nevertheless receive such an e-mail, it is not obliged to act on or respond to it. The present e-mail should not be considered as an invitation to enter into business relations. Based on an agreement reached with you or on your specific or general request, ING Bank (Switzerland) Ltd considers itself authorized to contact you via e-mail. Please notify ING Bank (Switzerland) Ltd immediately if you do not wish to receive any further e-mail correspondence. Any opinion or advice contained in this e-mail is subject to the terms and conditions expressed in any applicable ING Bank (Switzerland) Ltd terms of business or client engagement letter. _____________________________________________________________________
