Breaking news
SOURCE: MF - DJ NEWS
22:3425-09-2020
Natuzzi: Order Flow Has Been Better Than Expected Since June
22:3325-09-2020
Natuzzi 2Q Loss EUR8.9M>NTZ
22:0025-09-2020
G7 Political, Economic Calendar - Week Ahead -2-
22:0025-09-2020
G7 Political, Economic Calendar - Week Ahead
07:5528-09-2020
G7 Political, Economic Calendar - Week Ahead
07:5528-09-2020
G7 Political, Economic Calendar - Week Ahead -2-
06:2128-09-2020
Italy Calendar of Corporate Events - Month Ahead
10:0528-09-2020
Currency Rates Of Pulp and Paper Producing Countries
22:0125-09-2020
G7 Political, Economic Calendar - Week Ahead -2-
22:3125-09-2020
Natuzzi 2Q Sales EUR61.6M
03:3026-09-2020
Foreign Investment---European Trader: London Stock Exchange Is Selling Its Italian Unit. That Should Boost LSE's Stock. -- Barron's
22:0125-09-2020
G7 Political, Economic Calendar - Week Ahead
22:3225-09-2020
Natuzzi to Outsource Some Production to Vietnam Due to U.S. Tariffs on China>NTZ
15:2125-09-2020
Italian Competition Authority Probes European Low-Cost Airlines Over Coronavirus Cancellations
07:5528-09-2020
G7 Political, Economic Calendar - Week Ahead -3-
08:3226-09-2020
Welcome to Naples -- WSJ
19:2725-09-2020
Pompeo to Travel to Mediterranean Countries and Vatican to Bolster Ties, Promote Religious Freedom
22:0025-09-2020
G7 Political, Economic Calendar - Week Ahead -3-
22:3425-09-2020
Natuzzi: Order Flow Has Been Better Than Expected Since June
 

(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)

September 25, 2020 16:34 ET (20:34 GMT)

22:3325-09-2020
Natuzzi 2Q Loss EUR8.9M>NTZ
 

(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)

September 25, 2020 16:33 ET (20:33 GMT)

22:0025-09-2020
G7 Political, Economic Calendar - Week Ahead -2-
0600  UK   Sep      Nationwide House Price Index 
                       Price Idx, M/M%                                    +2.0% 
                       Price Idx, Y/Y%                                    +3.7% 
0600  UK   Q2       Balance of Payments 
                       Current Account (GBP)                              -21.1B 
0645  FRA  Aug      Household consumption expenditure in manufactured goods 
                       Consumer Spending M/M%                  +0.4%      +0.5% 
                       Consumer Spending Y/Y%                  +0.2%      +0.6% 
0645  FRA  Sep      Provisional CPI 
                       CPI, M/M%                               -0.3%      -0.1% 
                       CPI, Y/Y%                               +0.2%      +0.2% 
                       Harmonized CPI, Y/Y%                    +0.5%      +0.2% 
0645  FRA  Aug      Housing starts 
0645  FRA  Aug      PPI 
0730  EU   Sep      EuroCOIN indicator of euro area economic activity 
0755  GER  Sep      Labour market statistics (incl unemployment) 
                       Claims-SA, M/M Chg                      -6000      -9000 
                       Claims-Unadj, Total                                2.955M 
                       Jobless Rate-Adj                        6.4        6.4 
                       Jobless Rate-Unadj                                 6.4 
0830  UK   Q2       Business investment revised results 
                       Bus Invest - 1st est, Q/Q%                         +0.5% 
                       Bus Invest - 1st est, Y/Y%                         -1.4% 
                       Bus Invest - 2nd est, Q/Q%                         +0.4% 
                       Bus Invest - 2nd est, Y/Y%                         -1.5% 
0900  ITA  Sep      Provisional CPI 
                       CPI, M/M%                               -0.5%      +0.3% 
                       CPI, Y/Y%                               -0.4%      -0.5% 
0900  ITA  Sep      Cities CPI 
1100  US   09/25    MBA Weekly Mortgage Applications Survey 
                       Composite Idx                                      776.7 
                       Composite Idx, W/W%                                +6.8% 
                       Purchase Idx-SA                                    317.7 
                       Purchase Idx-SA, W/W%                              +3.4% 
                       Refinance Idx                                      3579.8 
                       Refinance Idx, W/W%                                -3.7% 
1215  US   Sep      ADP National Employment Report 
                       Private Sector Jobs, Net Chg            +600000    +428000 
1230  CAN  Jul      GDP 
                       GDP, M/M%                                          +6.5% 
                       Qtrly Annualized % Chg 
                       Imports, Q/Q% 
                       Exports, Q/Q% 
                       Business Inventories (CAD) 
                       Domestic Demand, Q/Q% 
1230  US   Q2       3rd estimate GDP 
                       Annual Rate, Q/Q%                       -31.7%     -31.7% 
                       Chain-Weighted Price Idx, Q/Q%          -2.0%      -2% 
                       Corporate Profits, Q/Q%                            -11.7% 
                       PCE Price Idx, Q/Q%                                -1.8% 
                       Purchase Price Idx, Q/Q%                           -1.5% 
                       Real Final Sales, Q/Q%                             -28.5% 
                       Core PCE Price Idx, Ex Food/Energy,                -1% 
                       Q/Q% 
                       Personal Consumption, Q/Q%                         -34.1% 
1230  US   Q2       Revised Corporate Profits 
1345  US   Sep      ISM-Chicago Business Survey - Chicago PMI 
                       PMI-Adj                                 51.5       51.2 
1400  US   Aug      Pending Home Sales Index 
                       Pending Home Sales                                 122.1 
                       Pending Home Sales Idx, M/M%            +3.2%      +5.9% 
                       Pending Home Sales Idx , Y/Y%                      +15.5% 
1400  US   Aug      Metropolitan Area Employment & Unemployment 
1400  US            SEC Open Meeting 
1430  US   09/25    EIA Weekly Petroleum Status Report 
                       Crude Oil Stocks (Bbl)                             494.406M 
                       Crude Oil Stocks, Net Chg (Bbl)                    -1.639M 
                       Gasoline Stocks (Bbl)                              227.499M 
                       Gasoline Stocks, Net Chg (Bbl)                     -4.025M 
                       Distillate Stocks (Bbl)                            175.942M 
                       Distillate Stocks, Net Chg (Bbl)                   -3.364M 
                       Refinery Usage                                     74.8% 
                       Total Prod Supplied (Bbl/day)                      18.439M 
                       Total Prod Supplied, Net Chg (Bbl/day)             +1.412M 
1500  US            Federal Reserve Bank of Minneapolis President Neel Kashkari 
                    speaks at Wisconsin Manufacturers & Commerce online event 
1900  US   Aug      Agricultural Prices 
                       Farm Prices, M/M%                                  -4.9% 
2200  US            Federal Reserve Bank of Dallas President Robert Kaplan 
                    discussion with James Milliken 
2350  JPN  Q3       Tankan Survey of Enterprises in Japan 
                       Big Mfrs Diffusion Idx                             -34 
                       Big Mfrs Forecast                                  -27 
                       Big Non-Mfrs Idx                                   -17 
                       Small Mfrs Idx                                     -45 
                       Big Mfrs Exp Pretax Pft, Y/Y%                      -17.6% 
                       Big Mfrs Exp USD/JPY                               107.48 
                       Small Non-Mfrs Idx                                 -26 
                       Big Cos FY Exp Capex, Y/Y%                         +3.2% 
N/A   UK            Financial Policy Committee meeting, attended by Bank of 
                    England Governor 
N/A   US            U.S. fiscal year ends 
N/A   FRA           OECD Forum Series: A Green COVID Recovery: the role of 
                    finance webinar 
N/A   US            Deadline for new funding deal to avert U.S. Govt shutdown, as 
                    the fiscal year ends 
 
Thursday, October 1, 2020                                      Exp        Prev 
 GMT 
0030  JPN  Sep      Japan Manufacturing PMI 
                       PMI, Mfg                                           47.2 
0500  JPN  Sep      Auto sales 
                       Domestic Sales, Y/Y%                               -18.5% 
0745  ITA  Sep      Italy Manufacturing PMI 
                       PMI, Mfg                                           53.1 
0750  FRA  Sep      France Manufacturing PMI 
                       PMI, Mfg                                           49.8 
0755  GER  Sep      Germany Manufacturing PMI 
                       PMI, Mfg                                           52.2 
0800  ITA  Aug      Unemployment 
                       Unemployment Rate                                  9.7% 
0800  EU   Sep      Eurozone Manufacturing PMI 
                       PMI, Mfg                                           51.7 
0830  UK   Sep      Bank of England Decision Maker Panel data 
0830  UK   Sep      CIPS / Markit Manufacturing PMI 
                       PMI, Mfg                                           55.2 
0830  UK   Q1       Postcode Lending statistics 
0900  EU   Aug      Unemployment 
                       Jobless Rate                                       7.9% 
0900  EU   Aug      PPI 
                       PPI, M/M%                                          +0.6% 
                       PPI, Y/Y%                                          -3.3% 
                       Ex-Energy PPI, M/M%                                +0.0% 
                       Ex-Energy PPI, Y/Y%                                -0.4% 
1130  US   Sep      Challenger Job-Cut Report 
                       Job Cuts, M/M%                                     -56% 
1230  CAN  Aug      Building permits 
                       Building Permits, M/M%                             -3.0% 
1230  US   Aug      Personal Income & Outlays 
                       Personal Income, M/M%                   -2.5%      +0.4% 
                       Consumer Spending, M/M%                 +1.0%      +1.9% 
                       PCE Price Idx, M/M%                                +0.3% 
                       PCE Price Idx, Y/Y%                                +1% 
                       PCE Core Price Idx, M/M%                +0.3%      +0.3% 
                       PCE Core Price Idx, Y/Y%                +1.4%      +1.3% 
1230  US   09/26    Unemployment Insurance Weekly Claims Report - Initial Claims 
                       Jobless Claims                          850K       870K 
                       Jobless Claims, Net Chg                            +4K 
                       Continuing Claims                                  12580000 
                       Continuing Claims, Net Chg                         -167K 
1230  US            U.S. Weekly Export Sales 
                       Corn (Metric Tons)                                 2139K 
                       Soybeans (Metric Tons)                             3194.7K 
                       Wheat (Metric Tons)                                351.2K 
1330  CAN  Sep      Canada Manufacturing PMI 
1345  US            Bloomberg Consumer Comfort Index 
1345  US   Sep      US Manufacturing PMI 
                       PMI, Mfg                                           53.1 
1400  US   Aug      Construction Spending - Construction Put in Place 
                       New Construction                        +0.6%      +0.1% 
                       Residential Construction 

(MORE TO FOLLOW) Dow Jones Newswires

September 25, 2020 16:00 ET (20:00 GMT)

22:0025-09-2020
G7 Political, Economic Calendar - Week Ahead
All dates are in GMT. 
 
Saturday, September 26, 2020                                   Exp        Prev 
 GMT 
2301  UK   Sep      CBI Growth Indicator Survey 
 
Sunday, September 27, 2020                                     Exp        Prev 
 GMT 
N/A   FRA           France senate elections 
N/A   GER           North Rhine-Westphalia municipal elections runoff in Germany 
 
Monday, September 28, 2020                                     Exp        Prev 
 GMT 
0500  JPN  Jul      Indexes of Business Conditions - Revision 
0945  EU            ECB Executive Board Member Isabel Schnabel speaks at German 
                    Economic Association online annual meeting 
1300  FRA           OECD / UNDP Tax Inspectors Without Borders annual report 
1300  US            Federal Reserve Board closed meeting 
1345  EU            ECB President Christine Lagarde appears at Committee on 
                    Economic and Monetary Affairs 
1430  US   Sep      Texas Manufacturing Outlook Survey 
                       Business Activity                       8.0        8.0 
                       Mfg Production Idx                                 13.1 
1800  US            Federal Reserve Bank of Cleveland President Loretta Mester 
                    speaks at African American Chamber of Commerce of Western 
                    Pennsylvania Economic Equality Webinar 
2330  JPN  Sep      CPI (Tokyo), CPI ex-Food (Tokyo) 
                       Tokyo Core CPI, Y/Y%                    -0.3%      -0.3% 
                       Tokyo Overall CPI, Y/Y%                            +0.3% 
                       Tokyo Overall CPI, M/M%                            -0.4% 
2350  JPN           Bank of Japan's Summary of Opinions 
2350  JPN  Sep      Provisional Trade Statistics for 1st 10 days of Month 
N/A   UK   Aug      Zoopla House Price Index 
N/A   UK            Bank of England Deputy Governor David Ramsden pre-recorded 
                    webinar 
N/A   US            IMF Managing Director Kristalina Georgieva speaks on Atlantic 
                    Council event on the Three Seas Initiative 
 
Tuesday, September 29, 2020                                    Exp        Prev 
 GMT 
0030  JPN  Aug      Detailed Import & Export Statistics 
0645  FRA  Sep      Consumer confidence survey 
                       Consumer Conf Idx                       92         94 
0700  GER  Sep      Saxony CPI 
                       CPI, M/M%                                          -0.3% 
                       CPI, Y/Y%                                          +0.1% 
0800  GER  Sep      Brandenburg CPI 
                       CPI, M/M%                                          -0.5% 
                       CPI, Y/Y%                                          -0.4% 
0800  ITA  Aug      PPI 
0800  GER  Sep      Hesse CPI 
                       CPI, M/M%                                          -0.3% 
                       CPI, Y/Y%                                          -0.3% 
0800  GER  Sep      Bavaria CPI 
                       CPI, M/M%                                          +0.0% 
                       CPI, Y/Y%                                          +0.1% 
0800  EU            Eurozone Economic Outlook 
0830  UK   Aug      Money and Credit - Lending to Individuals, Lending to 
                    Businesses, Broad Money and Credit 
                       Consumer Credit (GBP)                              +1.2B 
                       Consumer Lending (GBP)                             +3.9B 
                       Mtge Approvals                                     66281 
                       Mtge Lending (GBP)                                 +2.7B 
0830  UK   Aug      Monetary & Financial Statistics 
0830  UK   Aug      Bank of England effective interest rates 
0830  GER  Sep      North Rhine Westphalia CPI 
                       CPI, M/M%                                          +0.0% 
                       CPI, Y/Y%                                          -0.2% 
0900  FRA           OECD PISA Volume V: Effective Policies, Successful Schools 
                    report launch 
0900  EU   Sep      Business & Consumer Surveys - Business Climate Indicator & 
                    Economic Sentiment Indicator 
                       Business Climate Idx 
                       Consumer Conf Idx                       -13.9      -14.7 
                       Econ Sent Idx                           89.0       87.7 
                       Indus Conf Idx                          -9.9       -12.7 
                       Services Conf Idx                                  -17.2 
0900  FRA           OECD Business and Finance Outlook report launch 
1145  US            Weekly Chain Store Sales Index 
1200  GER  Sep      Provisional CPI 
                       CPI, M/M%                               +0.0%      -0.1% 
                       Overall Index, Y/Y%                     +0.0%      +0.0% 
                       EU-Harmonized, M/M%                     -0.2%      -0.2% 
                       EU-Harmonized CPI, Y/Y%                 -0.2%      -0.1% 
1230  CAN  Aug      Industrial product & raw materials price indexes 
                       Indus Prices, M/M%                                 +0.7% 
                       Raw Material Prices, M/M%                          +3.0% 
1230  US   Q2       U.S. International Investment Position 
1230  US   Aug      Advance Economic Indicators Report 
1255  US   09/26    Johnson Redbook Retail Sales Index 
                       Ret Sales Mo-to-Date, M/M%                         -0.9% 
                       Ret Sales Mo-to-Date, Y/Y%                         +0.1% 
                       Latest Wk, Y/Y%                                    +1.5% 
1300  US   Jul      S&P CoreLogic Case-Shiller Indices 
                       10-City Idx, M/M%                                  +0.1% 
                       10-City Idx, Y/Y%                                  +2.8% 
                       20-City Idx, M/M%                                  +0.2% 
                       20-City Idx, Y/Y%                                  +3.5% 
                       National Idx, M/M%                                 +0.6% 
                       National Idx, Y/Y%                                 +4.3% 
1400  UK            Bank of England Governor Andrew Bailey speaks at Queen's 
                    University Belfast Chief Executives Club virtual event 
1400  US   Sep      Consumer Confidence Index 
                       Cons Conf Idx                           89.9       84.8 
                       Expectation Idx                                    85.2 
                       Present Situation Idx                              84.2 
1700  US            Federal Reserve Vice Chair Randal Quarles speaks remotely at 
                    Harvard Law School and Program on International Financial 
                    Systems: Conversation on Financial Regulation event 
1700  US            World Bank President David Malpass participates in food loss 
                    and waste event 
1700  US            Federal Reserve Bank of New York President John Williams 
                    speaks at FCREUE September Meeting Series webinar 
1900  US            Federal Reserve Vice Chair Randal Quarles speaks on financial 
                    stability webinar held by the Center for Financial Policy, 
                    University of Maryland 
1915  US            SEC Closed Meeting 
2030  US   09/25    API Weekly Statistical Bulletin 
                       Crude Stocks, Net Chg (Bbls)                       +0.7M 
                       Gasoline Stocks, Net Chg (Bbls)                    -7.7M 
                       Distillate Stocks, Net Chg (Bbls)                  -2.1M 
2301  UK   Sep      Shop Price Index 
2301  UK   Sep      REC JobsOutlook survey 
2350  JPN  Aug      Preliminary Retail Sales 
                       Retail Sales, Y/Y%                                 -2.8% 
                       Large-Scale Retail Sales, Y/Y%                     -4.2% 
2350  JPN  Aug      Preliminary Industrial Production 
                       Indus Output, M/M%                      +1.5%      +8.0% 
                       Inventory/Shipment Ratio, M/M%                     -8.8% 
                       Shipments, M/M%                                    +6.0% 
                       Inventories, M/M%                                  -1.6% 
                       Indus Output Mo-Ahead Forecast                     +4.0% 
                       Indus Output 2-Mo Forecast                         +1.9% 
                       Indus Output 3-Mo Forecast 
N/A   GER  Sep      Baden-Wuerttemberg CPI 
                       CPI, M/M%                                          -0.2% 
                       CPI, Y/Y%                                          +0.3% 
N/A   FRA           OECD New Approaches to Economic Challenges (NAEC): The 
                    Financial System webinar 
N/A   US            Community Banking in the 21st Century research and policy 
                    conference 
N/A   US            IMF Managing Director Kristalina Georgieva participates in 
                    Barron's event on inequality 
N/A   CAN           Northwest Territories elections in Canada 
 
Wednesday, September 30, 2020                                  Exp        Prev 
 GMT 
0400  JPN  Jul      Auto production 
                       Production, Y/Y%                                   -36.61% 
0400  JPN  Jul      Auto exports 
                       Exports, Y/Y%                                      -51.84% 
0430  JPN  Aug      Preliminary Report on Petroleum Statistics 
0500  JPN  Aug      Steel Imports & Exports Statistics 
0500  JPN  Aug      Housing Starts 
0500  JPN  Aug      Construction Orders 
0600  UK   Q2       UK quarterly national accounts 
                       GDP, Q/Q%                                          -2.2% 
                       GDP, Y/Y%                                          -1.7% 
0600  GER  Aug      Retail Trade 
0600  GER  Aug      Foreign trade price indices 
0600  JPN  Aug      Revised Machine Tool Orders 

(MORE TO FOLLOW) Dow Jones Newswires

September 25, 2020 16:00 ET (20:00 GMT)

07:5528-09-2020
G7 Political, Economic Calendar - Week Ahead
All dates are in Eastern Time. 
 
Monday, September 28, 2020                                     Exp        Prev 
 ET 
0545  EU            ECB Executive Board Member Isabel Schnabel speaks at German 
                    Economic Association online annual meeting 
0900  US            Federal Reserve Board closed meeting 
0900  FRA           OECD / UNDP Tax Inspectors Without Borders annual report 
0945  EU            ECB President Christine Lagarde appears at Committee on 
                    Economic and Monetary Affairs 
1030  US   Sep      Texas Manufacturing Outlook Survey 
                       Business Activity                       8.0        8.0 
                       Mfg Production Idx                                 13.1 
1400  US            Federal Reserve Bank of Cleveland President Loretta Mester 
                    speaks at African American Chamber of Commerce of Western 
                    Pennsylvania Economic Equality Webinar 
1930  JPN  Sep      CPI (Tokyo), CPI ex-Food (Tokyo) 
                       Tokyo Core CPI, Y/Y%                    -0.3%      -0.3% 
                       Tokyo Overall CPI, Y/Y%                            +0.3% 
                       Tokyo Overall CPI, M/M%                            -0.4% 
1950  JPN           Bank of Japan's Summary of Opinions 
1950  JPN  Sep      Provisional Trade Statistics for 1st 10 days of Month 
2030  JPN  Aug      Detailed Import & Export Statistics 
N/A   US            IMF Managing Director Kristalina Georgieva speaks on Atlantic 
                    Council event on the Three Seas Initiative 
N/A   UK            Bank of England Deputy Governor David Ramsden pre-recorded 
                    webinar 
N/A   UK   Aug      Zoopla House Price Index 
 
Tuesday, September 29, 2020                                    Exp        Prev 
 ET 
0245  FRA  Sep      Consumer confidence survey 
                       Consumer Conf Idx                       92         94 
0300  GER  Sep      Saxony CPI 
                       CPI, M/M%                                          -0.3% 
                       CPI, Y/Y%                                          +0.1% 
0400  GER  Sep      Brandenburg CPI 
                       CPI, M/M%                                          -0.5% 
                       CPI, Y/Y%                                          -0.4% 
0400  ITA  Aug      PPI 
0400  GER  Sep      Hesse CPI 
                       CPI, M/M%                                          -0.3% 
                       CPI, Y/Y%                                          -0.3% 
0400  GER  Sep      Bavaria CPI 
                       CPI, M/M%                                          +0.0% 
                       CPI, Y/Y%                                          +0.1% 
0400  EU            Eurozone Economic Outlook 
0430  UK   Aug      Money and Credit - Lending to Individuals, Lending to 
                    Businesses, Broad Money and Credit 
                       Consumer Credit (GBP)                              +1.2B 
                       Consumer Lending (GBP)                             +3.9B 
                       Mtge Approvals                                     66281 
                       Mtge Lending (GBP)                                 +2.7B 
0430  UK   Aug      Monetary & Financial Statistics 
0430  UK   Aug      Bank of England effective interest rates 
0430  GER  Sep      North Rhine Westphalia CPI 
                       CPI, M/M%                                          +0.0% 
                       CPI, Y/Y%                                          -0.2% 
0500  FRA           OECD PISA Volume V: Effective Policies, Successful Schools 
                    report launch 
0500  EU   Sep      Business & Consumer Surveys - Business Climate Indicator & 
                    Economic Sentiment Indicator 
                       Business Climate Idx 
                       Consumer Conf Idx                       -13.9      -14.7 
                       Econ Sent Idx                           89.0       87.7 
                       Indus Conf Idx                          -9.9       -12.7 
                       Services Conf Idx                                  -17.2 
0500  FRA           OECD Business and Finance Outlook report launch 
0745  US            Weekly Chain Store Sales Index 
0800  GER  Sep      Provisional CPI 
                       CPI, M/M%                               +0.0%      -0.1% 
                       Overall Index, Y/Y%                     +0.0%      +0.0% 
                       EU-Harmonized, M/M%                     -0.2%      -0.2% 
                       EU-Harmonized CPI, Y/Y%                 -0.2%      -0.1% 
0830  CAN  Aug      Industrial product & raw materials price indexes 
                       Indus Prices, M/M%                                 +0.7% 
                       Raw Material Prices, M/M%                          +3.0% 
0830  US   Q2       U.S. International Investment Position 
0830  US   Aug      Advance Economic Indicators Report 
0855  US   09/26    Johnson Redbook Retail Sales Index 
                       Ret Sales Mo-to-Date, M/M%                         -0.9% 
                       Ret Sales Mo-to-Date, Y/Y%                         +0.1% 
                       Latest Wk, Y/Y%                                    +1.5% 
0900  US   Jul      S&P CoreLogic Case-Shiller Indices 
                       10-City Idx, M/M%                                  +0.1% 
                       10-City Idx, Y/Y%                                  +2.8% 
                       20-City Idx, M/M%                                  +0.2% 
                       20-City Idx, Y/Y%                                  +3.5% 
                       National Idx, M/M%                                 +0.6% 
                       National Idx, Y/Y%                                 +4.3% 
1000  UK            Bank of England Governor Andrew Bailey speaks at Queen's 
                    University Belfast Chief Executives Club virtual event 
1000  US   Sep      Consumer Confidence Index 
                       Cons Conf Idx                           89.9       84.8 
                       Expectation Idx                                    85.2 
                       Present Situation Idx                              84.2 
1300  US            World Bank President David Malpass participates in food loss 
                    and waste event 
1300  US            Federal Reserve Bank of New York President John Williams 
                    speaks at FCREUE September Meeting Series webinar 
1300  US            Federal Reserve Vice Chair Randal Quarles speaks remotely at 
                    Harvard Law School and Program on International Financial 
                    Systems: Conversation on Financial Regulation event 
1500  US            Federal Reserve Vice Chair Randal Quarles speaks on financial 
                    stability webinar held by the Center for Financial Policy, 
                    University of Maryland 
1515  US            SEC Closed Meeting 
1630  US   09/25    API Weekly Statistical Bulletin 
                       Crude Stocks, Net Chg (Bbls)                       +0.7M 
                       Gasoline Stocks, Net Chg (Bbls)                    -7.7M 
                       Distillate Stocks, Net Chg (Bbls)                  -2.1M 
1901  UK   Sep      Shop Price Index 
1901  UK   Sep      REC JobsOutlook survey 
1950  JPN  Aug      Preliminary Retail Sales 
                       Retail Sales, Y/Y%                                 -2.8% 
                       Large-Scale Retail Sales, Y/Y%                     -4.2% 
1950  JPN  Aug      Preliminary Industrial Production 
                       Indus Output, M/M%                      +1.5%      +8.0% 
                       Inventory/Shipment Ratio, M/M%                     -8.8% 
                       Shipments, M/M%                                    +6.0% 
                       Inventories, M/M%                                  -1.6% 
                       Indus Output Mo-Ahead Forecast                     +4.0% 
                       Indus Output 2-Mo Forecast                         +1.9% 
                       Indus Output 3-Mo Forecast 
N/A   CAN           Northwest Territories elections in Canada 
N/A   US            IMF Managing Director Kristalina Georgieva participates in 
                    Barron's event on inequality 
N/A   GER  Sep      Baden-Wuerttemberg CPI 
                       CPI, M/M%                                          -0.2% 
                       CPI, Y/Y%                                          +0.3% 
N/A   FRA           OECD New Approaches to Economic Challenges (NAEC): The 
                    Financial System webinar 
N/A   US            Community Banking in the 21st Century research and policy 
                    conference 
 
Wednesday, September 30, 2020                                  Exp        Prev 
 ET 
0000  JPN  Jul      Auto production 
                       Production, Y/Y%                                   -36.61% 
0000  JPN  Jul      Auto exports 
                       Exports, Y/Y%                                      -51.84% 
0030  JPN  Aug      Preliminary Report on Petroleum Statistics 
0100  JPN  Aug      Steel Imports & Exports Statistics 
0100  JPN  Aug      Housing Starts 
0100  JPN  Aug      Construction Orders 
0200  UK   Q2       Balance of Payments 
                       Current Account (GBP)                              -21.1B 
0200  UK   Q2       UK quarterly national accounts 
                       GDP, Q/Q%                                          -2.2% 
                       GDP, Y/Y%                                          -1.7% 
0200  GER  Aug      Retail Trade 
0200  GER  Aug      Foreign trade price indices 
0200  JPN  Aug      Revised Machine Tool Orders 
0200  UK   Sep      Nationwide House Price Index 
                       Price Idx, M/M%                                    +2.0% 
                       Price Idx, Y/Y%                                    +3.7% 
0245  FRA  Aug      Housing starts 
0245  FRA  Aug      PPI 

(MORE TO FOLLOW) Dow Jones Newswires

September 28, 2020 01:55 ET (05:55 GMT)

07:5528-09-2020
G7 Political, Economic Calendar - Week Ahead -2-
0645  FRA  Aug      Household consumption expenditure in manufactured goods 
                       Consumer Spending M/M%                  +0.4%      +0.5% 
                       Consumer Spending Y/Y%                  +0.2%      +0.6% 
0645  FRA  Sep      Provisional CPI 
                       CPI, M/M%                               -0.3%      -0.1% 
                       CPI, Y/Y%                               +0.2%      +0.2% 
                       Harmonized CPI, Y/Y%                    +0.5%      +0.2% 
0645  FRA  Aug      Housing starts 
0645  FRA  Aug      PPI 
0730  EU   Sep      EuroCOIN indicator of euro area economic activity 
0755  GER  Sep      Labour market statistics (incl unemployment) 
                       Claims-SA, M/M Chg                      -6000      -9000 
                       Claims-Unadj, Total                                2.955M 
                       Jobless Rate-Adj                        6.4        6.4 
                       Jobless Rate-Unadj                                 6.4 
0830  UK   Q2       Business investment revised results 
                       Bus Invest - 1st est, Q/Q%                         +0.5% 
                       Bus Invest - 1st est, Y/Y%                         -1.4% 
                       Bus Invest - 2nd est, Q/Q%                         +0.4% 
                       Bus Invest - 2nd est, Y/Y%                         -1.5% 
0900  ITA  Sep      Provisional CPI 
                       CPI, M/M%                               -0.5%      +0.3% 
                       CPI, Y/Y%                               -0.4%      -0.5% 
0900  ITA  Sep      Cities CPI 
1100  US   09/25    MBA Weekly Mortgage Applications Survey 
                       Composite Idx                                      776.7 
                       Composite Idx, W/W%                                +6.8% 
                       Purchase Idx-SA                                    317.7 
                       Purchase Idx-SA, W/W%                              +3.4% 
                       Refinance Idx                                      3579.8 
                       Refinance Idx, W/W%                                -3.7% 
1215  US   Sep      ADP National Employment Report 
                       Private Sector Jobs, Net Chg            +600000    +428000 
1230  CAN  Jul      GDP 
                       GDP, M/M%                                          +6.5% 
                       Qtrly Annualized % Chg 
                       Imports, Q/Q% 
                       Exports, Q/Q% 
                       Business Inventories (CAD) 
                       Domestic Demand, Q/Q% 
1230  US   Q2       3rd estimate GDP 
                       Annual Rate, Q/Q%                       -31.7%     -31.7% 
                       Chain-Weighted Price Idx, Q/Q%          -2.0%      -2% 
                       Corporate Profits, Q/Q%                            -11.7% 
                       PCE Price Idx, Q/Q%                                -1.8% 
                       Purchase Price Idx, Q/Q%                           -1.5% 
                       Real Final Sales, Q/Q%                             -28.5% 
                       Core PCE Price Idx, Ex Food/Energy,                -1% 
                       Q/Q% 
                       Personal Consumption, Q/Q%                         -34.1% 
1230  US   Q2       Revised Corporate Profits 
1345  US   Sep      ISM-Chicago Business Survey - Chicago PMI 
                       PMI-Adj                                 51.5       51.2 
1400  US   Aug      Pending Home Sales Index 
                       Pending Home Sales                                 122.1 
                       Pending Home Sales Idx, M/M%            +3.2%      +5.9% 
                       Pending Home Sales Idx , Y/Y%                      +15.5% 
1400  US   Aug      Metropolitan Area Employment & Unemployment 
1400  US            SEC Open Meeting 
1430  US   09/25    EIA Weekly Petroleum Status Report 
                       Crude Oil Stocks (Bbl)                             494.406M 
                       Crude Oil Stocks, Net Chg (Bbl)                    -1.639M 
                       Gasoline Stocks (Bbl)                              227.499M 
                       Gasoline Stocks, Net Chg (Bbl)                     -4.025M 
                       Distillate Stocks (Bbl)                            175.942M 
                       Distillate Stocks, Net Chg (Bbl)                   -3.364M 
                       Refinery Usage                                     74.8% 
                       Total Prod Supplied (Bbl/day)                      18.439M 
                       Total Prod Supplied, Net Chg (Bbl/day)             +1.412M 
1500  US            Federal Reserve Bank of Minneapolis President Neel Kashkari 
                    speaks at Wisconsin Manufacturers & Commerce online event 
1900  US   Aug      Agricultural Prices 
                       Farm Prices, M/M%                                  -4.9% 
2200  US            Federal Reserve Bank of Dallas President Robert Kaplan 
                    discussion with James Milliken 
2350  JPN  Q3       Tankan Survey of Enterprises in Japan 
                       Big Mfrs Diffusion Idx                             -34 
                       Big Mfrs Forecast                                  -27 
                       Big Non-Mfrs Idx                                   -17 
                       Small Mfrs Idx                                     -45 
                       Big Mfrs Exp Pretax Pft, Y/Y%                      -17.6% 
                       Big Mfrs Exp USD/JPY                               107.48 
                       Small Non-Mfrs Idx                                 -26 
                       Big Cos FY Exp Capex, Y/Y%                         +3.2% 
N/A   UK            Financial Policy Committee meeting, attended by Bank of 
                    England Governor 
N/A   US            U.S. fiscal year ends 
N/A   FRA           OECD Forum Series: A Green COVID Recovery: the role of 
                    finance webinar 
N/A   US            Deadline for new funding deal to avert U.S. Govt shutdown, as 
                    the fiscal year ends 
 
Thursday, October 1, 2020                                      Exp        Prev 
 GMT 
0030  JPN  Sep      Japan Manufacturing PMI 
                       PMI, Mfg                                           47.2 
0500  JPN  Sep      Auto sales 
                       Domestic Sales, Y/Y%                               -18.5% 
0745  ITA  Sep      Italy Manufacturing PMI 
                       PMI, Mfg                                           53.1 
0750  FRA  Sep      France Manufacturing PMI 
                       PMI, Mfg                                           49.8 
0755  GER  Sep      Germany Manufacturing PMI 
                       PMI, Mfg                                           52.2 
0800  ITA  Aug      Unemployment 
                       Unemployment Rate                                  9.7% 
0800  EU   Sep      Eurozone Manufacturing PMI 
                       PMI, Mfg                                           51.7 
0830  UK   Sep      Bank of England Decision Maker Panel data 
0830  UK   Sep      CIPS / Markit Manufacturing PMI 
                       PMI, Mfg                                           55.2 
0830  UK   Q1       Postcode Lending statistics 
0900  EU   Aug      Unemployment 
                       Jobless Rate                                       7.9% 
0900  EU   Aug      PPI 
                       PPI, M/M%                                          +0.6% 
                       PPI, Y/Y%                                          -3.3% 
                       Ex-Energy PPI, M/M%                                +0.0% 
                       Ex-Energy PPI, Y/Y%                                -0.4% 
1130  US   Sep      Challenger Job-Cut Report 
                       Job Cuts, M/M%                                     -56% 
1230  CAN  Aug      Building permits 
                       Building Permits, M/M%                             -3.0% 
1230  US   Aug      Personal Income & Outlays 
                       Personal Income, M/M%                   -2.5%      +0.4% 
                       Consumer Spending, M/M%                 +1.0%      +1.9% 
                       PCE Price Idx, M/M%                                +0.3% 
                       PCE Price Idx, Y/Y%                                +1% 
                       PCE Core Price Idx, M/M%                +0.3%      +0.3% 
                       PCE Core Price Idx, Y/Y%                +1.4%      +1.3% 
1230  US   09/26    Unemployment Insurance Weekly Claims Report - Initial Claims 
                       Jobless Claims                          850K       870K 
                       Jobless Claims, Net Chg                            +4K 
                       Continuing Claims                                  12580000 
                       Continuing Claims, Net Chg                         -167K 
1230  US            U.S. Weekly Export Sales 
                       Corn (Metric Tons)                                 2139K 
                       Soybeans (Metric Tons)                             3194.7K 
                       Wheat (Metric Tons)                                351.2K 
1330  CAN  Sep      Canada Manufacturing PMI 
1345  US            Bloomberg Consumer Comfort Index 
1345  US   Sep      US Manufacturing PMI 
                       PMI, Mfg                                           53.1 
1400  US   Aug      Construction Spending - Construction Put in Place 
                       New Construction                        +0.6%      +0.1% 
                       Residential Construction 
1400  US   Sep      ISM Report on Business Manufacturing PMI 
                       Manufacturing PMI                       56.2       56.0 
                       Prices Idx                                         59.5 
                       Employment Idx                                     46.4 

(MORE TO FOLLOW) Dow Jones Newswires

September 28, 2020 01:55 ET (05:55 GMT)

06:2128-09-2020
Italy Calendar of Corporate Events - Month Ahead
Companies marked * display an estimated release date based on last year's report. An update is planned. 
 
Monday, September 28, 2020 
Company                        Event 
Intek Group (IKG.MI)           Interim 2020 Results 
Gequity Spa (GEQ.MI)           Interim 2020 Results 
TitanMet Spa (TTT.MI)          Interim 2020 Results 
SIT SpA (SIT.MI)               Interim 2020 Results 
Brioschi Sviluppo              Interim 2020 Results 
      Immobiliare (BRI.MI) 
Beghelli (BE.MI)               Interim 2020 Results 
Digitouch (DGT.MI)             Interim 2020 Earnings Conference Call 
Digitouch (DGT.MI)             Interim 2020 Results 
 
Tuesday, September 29, 2020 
Company                        Event 
Sabaf (SAB.MI)                 General Meeting re dividend payment of 
                               euro 0,35 
AS Roma (ASR.MI)               General Meeting re choice of managers - 
                               1st call [absentee voting] 
Piteco (PITE.MI)               Interim 2020 Results 
Tiscali SpA (TIS.MI)           Interim 2020 Results 
TREVI-Finanziaria Industriale* Q1 2020 Results 
Olidata (OLI.MI)*              Interim 2020 Results 
Acotel Group (ACO.MI)          Interim 2020 Results 
Bastogi SpA (B.MI)             Interim 2020 Results 
Borgosesia (BO.MI)             Interim 2020 Results 
 
Wednesday, September 30, 2020 
Company                        Event 
Iren Spa (IRE.MI)              Conference Call /  Webcast re Business 
                               Plan 2025 
AS Roma (ASR.MI)               General Meeting re choice of managers - 
                               2nd call [if required] [absentee voting] 
PLC SpA (PLC.MI)               Interim 2020 Results 
Netweek SpA (NTW.MI)           Interim 2020 Results 
Maire Tecnimont (MT.MI)*       Full Year 2019 Dividend Payment Date - 
                               Proposed (seen 0.0348) 
Sg Company (SGC.MI)            Interim 2020 Results 
Zucchi SpA (ZUC.MI)*           Interim 2020 Results 
Stefanel (STEF.MI)*            Full Year 2019 Results  - postponed 
Stefanel (STEF.MI)*            Interim 2020 Results  - postponed 
IT Way (ITW.MI)                Interim 2020 Results 
Bioera (BIE.MI)                Interim 2020 Results 
algoWatt (ALW.MI)*             Full Year 2019 Results  - postponed 
algoWatt (ALW.MI)*             Interim 2020 Results  - postponed 
Class Editori (CLE.MI)         Interim 2020 Results 
GPI SpA (GPI.MI)               Interim 2020 Results 
Generali SpA (G.MI)*           Full Year 2019 Dividend Payment Date - 
                               Proposed - 2nd Payment (seen 0.46) 
Compagnia Immobiliare          Interim 2020 Results 
      Azionaria (CIA.MI) 
 
Thursday, October 1, 2020 
Company                        Event 
JPMorgan Chase & Co (JPM)      Milan Investor Forum 
Fiera Milano (FM.MI)*          2020 - 2022 Business Plan / Webcast 
 
Friday, October 2, 2020 
Company                        Event 
Fiera Milano (FM.MI)           EGM re amendment of AoA 
JPMorgan Chase & Co (JPM)      Italian Conference 
 
Monday, October 5, 2020 
Company                        Event 
Bper Banca (BPE.MI)*           Full Year 2019 Ex-Dividend Date - 
                               Proposed (seen 0.14) 
Exprivia SpA (XPR.MI)*         Full Year 2019 AGM - 1st call - postponed 
                               (COVID-19) 
Piquadro (PQ.MI)*              Full Year 2019 Ex-Dividend Date - Proposed 
AS Roma (ASR.MI)*              Full Year 2020 Results 
Banca Sistema SpA (BST.MI)*    Full Year 2019 Ex-Dividend Date - 
                               Proposed (seen 0.093) 
Banco di Desio e della         Full Year 2019 Ex-Dividend Date - 
      Brianza (BDB.MI)*        Proposed (seen 0.1036) 
 
Tuesday, October 6, 2020 
Company                        Event 
Exprivia SpA (XPR.MI)*         Full Year 2019 AGM - 2nd call [if 
                               required] - postponed (COVID-19) 
CHL (CHL.MI)*                  Full Year 2019 AGM & EGM - postponed 
                               (COVID-19) 
CHL (CHL.MI)*                  Full Year 2019 Results  - postponed 
 
Wednesday, October 7, 2020 
Company                        Event 
Bper Banca (BPE.MI)*           Full Year 2019 Dividend Payment Date - 
                               Proposed (seen 0.14) 
Piquadro (PQ.MI)*              Full Year 2019 Dividend Payment Date - 
                               Proposed 
SS Lazio (SSL.MI)*             Full Year 2020 Results 
Banca Sistema SpA (BST.MI)*    Full Year 2019 Dividend Payment Date - 
                               Proposed (seen 0.093) 
Banco di Desio e della         Full Year 2019 Dividend Payment Date - 
      Brianza (BDB.MI)*        Proposed (seen 0.1036) 
Bialetti Industrie (BIA.MI)*   Full Year 2019 AGM - 1st call - postponed 
                               (COVID-19) 
 
Thursday, October 8, 2020 
Company                        Event 
Biancamano (BCM.MI)*           Interim 2020 Results  - postponed 
Bialetti Industrie (BIA.MI)*   Full Year 2019 AGM - 2nd call [if 
                               required] - postponed (COVID-19) 
 
Monday, October 12, 2020 
Company                        Event 
Banca Generali (BGN.MI)*       Full Year 2019 Ex-Dividend Date - 
                               Proposed (seen 1.55) 
 
Tuesday, October 13, 2020 
Company                        Event 
Mondo TV (MTV.MI)              EGM re issue of convertible bond 
Piovan (PVN.MI)                General meeting re payment of dividends 
 
Wednesday, October 14, 2020 
Company                        Event 
Pierrel (PRL.MI)*              Q3 2020 Results 
Banca Generali (BGN.MI)*       Full Year 2019 Dividend Payment Date - 
                               Proposed (seen 1.55) 
 
Thursday, October 15, 2020 
Company                        Event 
TXT e-solutions (TXT.MI)       EGM re amendments of AoA 
Juventus Football (JUVE.MI)    Full Year 2020 AGM & EGM 
Olidata (OLI.MI)*              Full Year 2019 AGM & EGM - 1st call 
 
Monday, October 19, 2020 
Company                        Event 
Piovan (PVN.MI)*               Interim 2020 Ex-Dividend Date - Proposed 
                               (seen 0.11) 
Banca Mediolanum (BMED.MI)*    Full Year 2019 Ex-Dividend Date - 
                               Proposed (seen 0.34) 
 
Wednesday, October 21, 2020 
Company                        Event 
Piovan (PVN.MI)*               Interim 2020 Dividend Payment Date - 
                               Proposed (seen 0.11) 
Banca Mediolanum (BMED.MI)*    Full Year 2019 Dividend Payment Date - 
                               Proposed (seen 0.34) 
 
Thursday, October 22, 2020 
Company                        Event 
Moncler (MONC.MI)              Q3 2020 Interim Management Statement 
                               Conference Call / Webcast 
Olidata (OLI.MI)*              Full Year 2019 AGM & EGM - 2nd call [if 
                               required] 
Moncler (MONC.MI)              Q3 2020 Interim Management Statement 
algoWatt (ALW.MI)*             Full Year 2019 AGM & EGM - 1st call - 
                               postponed (COVID-19) 
Luve SpA (LUVE.MI)             Q3 2020 Sales 
 
Friday, October 23, 2020 
Company                        Event 
Sogefi (SO.MI)                 Q3 2020 Results 
algoWatt (ALW.MI)*             Full Year 2019 AGM & EGM - 2nd call [if 
                               required] - postponed (COVID-19) 
 
Monday, October 26, 2020 
Company                        Event 
AS Roma (ASR.MI)*              Full Year 2020 AGM & EGM - 1st call 
 
 
 

(END) Dow Jones Newswires

September 28, 2020 00:21 ET (04:21 GMT)

10:0528-09-2020
Currency Rates Of Pulp and Paper Producing Countries
 
                                           Current        Prior 
  Argentina (Peso)                ARS     75.77441     75.78327 
  Australia (Dollar)              AUD      1.41985      1.41303 
  Brazil (Real)                   BRL      5.56260      5.51100 
  Canada (Dollar)                 CAD      1.34005      1.33595 
  China (Yuan)                    CNY      6.82440      6.81660 
  European Union (Euro)           EUR      0.85973      0.85664 
  India (Rupee)                   INR     73.85500     73.57500 
  Indonesia (Rupiah)              IDR  14900.00000  14870.00000 
  Japan (Yen)                     JPY    105.34800    105.38700 
  Korea, South (Won)              KRW   1174.46000   1170.99000 
  Mexico (Peso)                   MXN     22.44130     22.06370 
  New Zealand (Dollar)            NZD      1.52765      1.52022 
  Norway (Krone)                  NOK      9.57440      9.51010 
  Poland (Zloty)                  PLN      3.91405      3.90045 
  Russia (Ruble)                  RUB     78.71970     76.82170 
  South Africa (Rand)             ZAR     17.20950     16.82970 
  Sweden (Krona)                  SEK      9.11340      9.09390 
  Switzerland (Franc)             CHF      0.92800      0.92570 
  Taiwan (Dollar)                 TWD     29.13170     29.21220 
  Thailand (Baht)                 THB     31.71000     31.53000 
  Turkey (New Lira)               TRY      7.76460      7.54570 
  United Kingdom (Pound Sterling) GBP      0.78149      0.78229 
 
 
 
All currencies are quoted in units of currency per U.S. dollar. 
 
Source: Tullett Prebon. 
 

(END) Dow Jones Newswires

September 28, 2020 04:05 ET (08:05 GMT)

22:0125-09-2020
G7 Political, Economic Calendar - Week Ahead -2-
0200  GER  Aug      Foreign trade price indices 
0200  JPN  Aug      Revised Machine Tool Orders 
0200  UK   Sep      Nationwide House Price Index 
                       Price Idx, M/M%                                    +2.0% 
                       Price Idx, Y/Y%                                    +3.7% 
0245  FRA  Aug      Housing starts 
0245  FRA  Aug      PPI 
0245  FRA  Aug      Household consumption expenditure in manufactured goods 
                       Consumer Spending M/M%                  +0.4%      +0.5% 
                       Consumer Spending Y/Y%                  +0.2%      +0.6% 
0245  FRA  Sep      Provisional CPI 
                       CPI, M/M%                               -0.3%      -0.1% 
                       CPI, Y/Y%                               +0.2%      +0.2% 
                       Harmonized CPI, Y/Y%                    +0.5%      +0.2% 
0330  EU   Sep      EuroCOIN indicator of euro area economic activity 
0355  GER  Sep      Labour market statistics (incl unemployment) 
                       Claims-SA, M/M Chg                      -6000      -9000 
                       Claims-Unadj, Total                                2.955M 
                       Jobless Rate-Adj                        6.4        6.4 
                       Jobless Rate-Unadj                                 6.4 
0430  UK   Q2       Business investment revised results 
                       Bus Invest - 1st est, Q/Q%                         +0.5% 
                       Bus Invest - 1st est, Y/Y%                         -1.4% 
                       Bus Invest - 2nd est, Q/Q%                         +0.4% 
                       Bus Invest - 2nd est, Y/Y%                         -1.5% 
0500  ITA  Sep      Provisional CPI 
                       CPI, M/M%                               -0.5%      +0.3% 
                       CPI, Y/Y%                               -0.4%      -0.5% 
0500  ITA  Sep      Cities CPI 
0700  US   09/25    MBA Weekly Mortgage Applications Survey 
                       Composite Idx                                      776.7 
                       Composite Idx, W/W%                                +6.8% 
                       Purchase Idx-SA                                    317.7 
                       Purchase Idx-SA, W/W%                              +3.4% 
                       Refinance Idx                                      3579.8 
                       Refinance Idx, W/W%                                -3.7% 
0815  US   Sep      ADP National Employment Report 
                       Private Sector Jobs, Net Chg            +600000    +428000 
0830  CAN  Jul      GDP 
                       GDP, M/M%                                          +6.5% 
                       Qtrly Annualized % Chg 
                       Imports, Q/Q% 
                       Exports, Q/Q% 
                       Business Inventories (CAD) 
                       Domestic Demand, Q/Q% 
0830  US   Q2       3rd estimate GDP 
                       Annual Rate, Q/Q%                       -31.7%     -31.7% 
                       Chain-Weighted Price Idx, Q/Q%          -2.0%      -2% 
                       Corporate Profits, Q/Q%                            -11.7% 
                       PCE Price Idx, Q/Q%                                -1.8% 
                       Purchase Price Idx, Q/Q%                           -1.5% 
                       Real Final Sales, Q/Q%                             -28.5% 
                       Core PCE Price Idx, Ex Food/Energy,                -1% 
                       Q/Q% 
                       Personal Consumption, Q/Q%                         -34.1% 
0830  US   Q2       Revised Corporate Profits 
0945  US   Sep      ISM-Chicago Business Survey - Chicago PMI 
                       PMI-Adj                                 51.5       51.2 
1000  US   Aug      Pending Home Sales Index 
                       Pending Home Sales                                 122.1 
                       Pending Home Sales Idx, M/M%            +3.2%      +5.9% 
                       Pending Home Sales Idx , Y/Y%                      +15.5% 
1000  US   Aug      Metropolitan Area Employment & Unemployment 
1000  US            SEC Open Meeting 
1030  US   09/25    EIA Weekly Petroleum Status Report 
                       Crude Oil Stocks (Bbl)                             494.406M 
                       Crude Oil Stocks, Net Chg (Bbl)                    -1.639M 
                       Gasoline Stocks (Bbl)                              227.499M 
                       Gasoline Stocks, Net Chg (Bbl)                     -4.025M 
                       Distillate Stocks (Bbl)                            175.942M 
                       Distillate Stocks, Net Chg (Bbl)                   -3.364M 
                       Refinery Usage                                     74.8% 
                       Total Prod Supplied (Bbl/day)                      18.439M 
                       Total Prod Supplied, Net Chg (Bbl/day)             +1.412M 
1100  US            Federal Reserve Bank of Minneapolis President Neel Kashkari 
                    speaks at Wisconsin Manufacturers & Commerce online event 
1500  US   Aug      Agricultural Prices 
                       Farm Prices, M/M%                                  -4.9% 
1800  US            Federal Reserve Bank of Dallas President Robert Kaplan 
                    discussion with James Milliken 
1950  JPN  Q3       Tankan Survey of Enterprises in Japan 
                       Big Mfrs Diffusion Idx                             -34 
                       Big Mfrs Forecast                                  -27 
                       Big Non-Mfrs Idx                                   -17 
                       Small Mfrs Idx                                     -45 
                       Big Mfrs Exp Pretax Pft, Y/Y%                      -17.6% 
                       Big Mfrs Exp USD/JPY                               107.48 
                       Small Non-Mfrs Idx                                 -26 
                       Big Cos FY Exp Capex, Y/Y%                         +3.2% 
2030  JPN  Sep      Japan Manufacturing PMI 
                       PMI, Mfg                                           47.2 
N/A   UK            Financial Policy Committee meeting, attended by Bank of 
                    England Governor 
N/A   US            U.S. fiscal year ends 
N/A   FRA           OECD Forum Series: A Green COVID Recovery: the role of 
                    finance webinar 
N/A   US            Deadline for new funding deal to avert U.S. Govt shutdown, as 
                    the fiscal year ends 
 
Thursday, October 1, 2020                                      Exp        Prev 
 ET 
0100  JPN  Sep      Auto sales 
                       Domestic Sales, Y/Y%                               -18.5% 
0345  ITA  Sep      Italy Manufacturing PMI 
                       PMI, Mfg                                           53.1 
0350  FRA  Sep      France Manufacturing PMI 
                       PMI, Mfg                                           49.8 
0355  GER  Sep      Germany Manufacturing PMI 
                       PMI, Mfg                                           52.2 
0400  ITA  Aug      Unemployment 
                       Unemployment Rate                                  9.7% 
0400  EU   Sep      Eurozone Manufacturing PMI 
                       PMI, Mfg                                           51.7 
0430  UK   Sep      Bank of England Decision Maker Panel data 
0430  UK   Sep      CIPS / Markit Manufacturing PMI 
                       PMI, Mfg                                           55.2 
0430  UK   Q1       Postcode Lending statistics 
0500  EU   Aug      Unemployment 
                       Jobless Rate                                       7.9% 
0500  EU   Aug      PPI 
                       PPI, M/M%                                          +0.6% 
                       PPI, Y/Y%                                          -3.3% 
                       Ex-Energy PPI, M/M%                                +0.0% 
                       Ex-Energy PPI, Y/Y%                                -0.4% 
0730  US   Sep      Challenger Job-Cut Report 
                       Job Cuts, M/M%                                     -56% 
0830  CAN  Aug      Building permits 
                       Building Permits, M/M%                             -3.0% 
0830  US   Aug      Personal Income & Outlays 
                       Personal Income, M/M%                   -2.5%      +0.4% 
                       Consumer Spending, M/M%                 +1.0%      +1.9% 
                       PCE Price Idx, M/M%                                +0.3% 
                       PCE Price Idx, Y/Y%                                +1% 
                       PCE Core Price Idx, M/M%                +0.3%      +0.3% 
                       PCE Core Price Idx, Y/Y%                +1.4%      +1.3% 
0830  US   09/26    Unemployment Insurance Weekly Claims Report - Initial Claims 
                       Jobless Claims                          850K       870K 
                       Jobless Claims, Net Chg                            +4K 
                       Continuing Claims                                  12580000 
                       Continuing Claims, Net Chg                         -167K 
0830  US            U.S. Weekly Export Sales 
                       Corn (Metric Tons)                                 2139K 
                       Soybeans (Metric Tons)                             3194.7K 
                       Wheat (Metric Tons)                                351.2K 
0930  CAN  Sep      Canada Manufacturing PMI 
0945  US            Bloomberg Consumer Comfort Index 
0945  US   Sep      US Manufacturing PMI 
                       PMI, Mfg                                           53.1 
1000  US   Sep      ISM Report on Business Manufacturing PMI 
                       Manufacturing PMI                       56.2       56.0 
                       Prices Idx                                         59.5 

(MORE TO FOLLOW) Dow Jones Newswires

September 25, 2020 16:01 ET (20:01 GMT)

22:3125-09-2020
Natuzzi 2Q Sales EUR61.6M
 

(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)

September 25, 2020 16:31 ET (20:31 GMT)

03:3026-09-2020
Foreign Investment---European Trader: London Stock Exchange Is Selling Its Italian Unit. That Should Boost LSE's Stock. -- Barron's
By Pierre Briançon 

What's a little government meddling, if that is the price to pay to secure a $27 billion deal? The London Stock Exchange Group has sacrificed a few hundred million dollars because it wants approval for its acquisition of financial-data giant Refinitiv.

The British bourse operator has entered into exclusive talks to sell its unit Borsa Italiana, Italy's markets operator, to its French rival Euronext (ticker: ENX.France). The LSE (LSE.UK) has rejected higher bidders to appease Rome's preference for that particular buyer. The upside for the British group is that the sale may unlock the Refinitiv deal.

According to media reports, Euronext had the lowest offer on the table, compared with those of German group Deutsche Boerse (DB1.Germany) and SIX, the Swiss Exchange operator.

The LSE will now have to explain to its shareholders that the Italian government favored Euronext as the next parent of the country's stock exchange. Euronext is ready to make some room, both on the shareholders' registry and on the board, for Cassa Depositi e Prestiti, the Italian state-owned investor.

It would be easy to cry foul and blame government meddling for the apparent loss inflicted on LSE shareholders. Borsa Italiana might be sold to the French group for some 3.5 billion euros ($4.1 billion), a few hundred million euros shy of rival offers. LSE bought the Italian stock exchange operator for EUR1.6 billion in 2007.

But look beyond the numbers, and Italy may have done the LSE and its shareholders a favor. LSE shares rose 1%, and Euronext's jumped 4%, the day they announced they had entered exclusive negotiations. LSE's stock is up about 12% this year, to 8,712 pence ($111.83), while Euronext's has gained 37% to EUR99.

The main reason is that the sale of Borsa Italiana, which includes the company's valuable MTS bond-trading platform, will help LSE win approval from the European Commission for its acquisition of Refinitiv from its current owners, investment-management firm Blackstone Group (BX) and Thomson Reuters (TRI).

The EU's competition watchdog said in June it was launching an investigation into the deal, on concerns that it might lead to too much market power in the trading of government securities if MTS merged with Tradeweb, Refintiv's bond-trading platform. The EU's probe is expected to be over by mid-December. The sale of Borsa Italiana would help the LSE's case.

The LSE was right to look beyond simple financial arithmetic for another reason. Exchanges have grown in size and power in the past 20 years. They are no longer branches of the state, and are listed companies on financial markets, where they prosper.

The LSE's market capitalization, at more than 30 billion pounds sterling ($38.2 billion), dwarfs that of Euronext's EUR7 billion. But both are highly valued, and both have seen their share prices double in the past two years. Euronext also operates exchanges in the Netherlands, Belgium, Portugal, Ireland, and Norway.

However independent and global they may be, those large bourse operators live in close proximity to regulatory authorities and, ultimately, governments. And governments' intentions or preferences, even when they take the form of hard-to-ignore pressure, are just other market signals that global players have to reconcile with their own strategies. Governments have a duty to articulate what they want for their domestic financial markets. And it would be a bad calculation for the exchanges to ignore, let alone confront, them.

So, even though it may look like it is selling a valuable asset at a discounted price, LSE can defend the operation by showing its investors that without it, it might have to give up the Refinitiv acquisition -- which is seen as crucial to its long-term strategy. As for Euronext, it can sell the deal to its shareholders by noting that it is paying a reasonable price, compared with what others were ready to pay.

 
Global Indexes: http://www.barrons.com/public/page/9_0210-djglobalidx.html 

To subscribe to Barron's, visit http://www.barrons.com/subscribe

(END) Dow Jones Newswires

September 25, 2020 21:30 ET (01:30 GMT)

22:0125-09-2020
G7 Political, Economic Calendar - Week Ahead
All dates are in Eastern Time. 
 
Saturday, September 26, 2020                                   Exp        Prev 
 ET 
1901  UK   Sep      CBI Growth Indicator Survey 
 
Sunday, September 27, 2020                                     Exp        Prev 
 ET 
N/A   FRA           France senate elections 
N/A   GER           North Rhine-Westphalia municipal elections runoff in Germany 
 
Monday, September 28, 2020                                     Exp        Prev 
 ET 
0100  JPN  Jul      Indexes of Business Conditions - Revision 
0545  EU            ECB Executive Board Member Isabel Schnabel speaks at German 
                    Economic Association online annual meeting 
0900  US            Federal Reserve Board closed meeting 
0900  FRA           OECD / UNDP Tax Inspectors Without Borders annual report 
0945  EU            ECB President Christine Lagarde appears at Committee on 
                    Economic and Monetary Affairs 
1030  US   Sep      Texas Manufacturing Outlook Survey 
                       Business Activity                       8.0        8.0 
                       Mfg Production Idx                                 13.1 
1400  US            Federal Reserve Bank of Cleveland President Loretta Mester 
                    speaks at African American Chamber of Commerce of Western 
                    Pennsylvania Economic Equality Webinar 
1930  JPN  Sep      CPI (Tokyo), CPI ex-Food (Tokyo) 
                       Tokyo Core CPI, Y/Y%                    -0.3%      -0.3% 
                       Tokyo Overall CPI, Y/Y%                            +0.3% 
                       Tokyo Overall CPI, M/M%                            -0.4% 
1950  JPN           Bank of Japan's Summary of Opinions 
1950  JPN  Sep      Provisional Trade Statistics for 1st 10 days of Month 
2030  JPN  Aug      Detailed Import & Export Statistics 
N/A   US            IMF Managing Director Kristalina Georgieva speaks on Atlantic 
                    Council event on the Three Seas Initiative 
N/A   UK            Bank of England Deputy Governor David Ramsden pre-recorded 
                    webinar 
N/A   UK   Aug      Zoopla House Price Index 
 
Tuesday, September 29, 2020                                    Exp        Prev 
 ET 
0245  FRA  Sep      Consumer confidence survey 
                       Consumer Conf Idx                       92         94 
0300  GER  Sep      Saxony CPI 
                       CPI, M/M%                                          -0.3% 
                       CPI, Y/Y%                                          +0.1% 
0400  GER  Sep      Brandenburg CPI 
                       CPI, M/M%                                          -0.5% 
                       CPI, Y/Y%                                          -0.4% 
0400  ITA  Aug      PPI 
0400  GER  Sep      Hesse CPI 
                       CPI, M/M%                                          -0.3% 
                       CPI, Y/Y%                                          -0.3% 
0400  GER  Sep      Bavaria CPI 
                       CPI, M/M%                                          +0.0% 
                       CPI, Y/Y%                                          +0.1% 
0400  EU            Eurozone Economic Outlook 
0430  UK   Aug      Money and Credit - Lending to Individuals, Lending to 
                    Businesses, Broad Money and Credit 
                       Consumer Credit (GBP)                              +1.2B 
                       Consumer Lending (GBP)                             +3.9B 
                       Mtge Approvals                                     66281 
                       Mtge Lending (GBP)                                 +2.7B 
0430  UK   Aug      Monetary & Financial Statistics 
0430  UK   Aug      Bank of England effective interest rates 
0430  GER  Sep      North Rhine Westphalia CPI 
                       CPI, M/M%                                          +0.0% 
                       CPI, Y/Y%                                          -0.2% 
0500  FRA           OECD PISA Volume V: Effective Policies, Successful Schools 
                    report launch 
0500  EU   Sep      Business & Consumer Surveys - Business Climate Indicator & 
                    Economic Sentiment Indicator 
                       Business Climate Idx 
                       Consumer Conf Idx                       -13.9      -14.7 
                       Econ Sent Idx                           89.0       87.7 
                       Indus Conf Idx                          -9.9       -12.7 
                       Services Conf Idx                                  -17.2 
0500  FRA           OECD Business and Finance Outlook report launch 
0745  US            Weekly Chain Store Sales Index 
0800  GER  Sep      Provisional CPI 
                       CPI, M/M%                               +0.0%      -0.1% 
                       Overall Index, Y/Y%                     +0.0%      +0.0% 
                       EU-Harmonized, M/M%                     -0.2%      -0.2% 
                       EU-Harmonized CPI, Y/Y%                 -0.2%      -0.1% 
0830  CAN  Aug      Industrial product & raw materials price indexes 
                       Indus Prices, M/M%                                 +0.7% 
                       Raw Material Prices, M/M%                          +3.0% 
0830  US   Q2       U.S. International Investment Position 
0830  US   Aug      Advance Economic Indicators Report 
0855  US   09/26    Johnson Redbook Retail Sales Index 
                       Ret Sales Mo-to-Date, M/M%                         -0.9% 
                       Ret Sales Mo-to-Date, Y/Y%                         +0.1% 
                       Latest Wk, Y/Y%                                    +1.5% 
0900  US   Jul      S&P CoreLogic Case-Shiller Indices 
                       10-City Idx, M/M%                                  +0.1% 
                       10-City Idx, Y/Y%                                  +2.8% 
                       20-City Idx, M/M%                                  +0.2% 
                       20-City Idx, Y/Y%                                  +3.5% 
                       National Idx, M/M%                                 +0.6% 
                       National Idx, Y/Y%                                 +4.3% 
1000  UK            Bank of England Governor Andrew Bailey speaks at Queen's 
                    University Belfast Chief Executives Club virtual event 
1000  US   Sep      Consumer Confidence Index 
                       Cons Conf Idx                           89.9       84.8 
                       Expectation Idx                                    85.2 
                       Present Situation Idx                              84.2 
1300  US            World Bank President David Malpass participates in food loss 
                    and waste event 
1300  US            Federal Reserve Bank of New York President John Williams 
                    speaks at FCREUE September Meeting Series webinar 
1300  US            Federal Reserve Vice Chair Randal Quarles speaks remotely at 
                    Harvard Law School and Program on International Financial 
                    Systems: Conversation on Financial Regulation event 
1500  US            Federal Reserve Vice Chair Randal Quarles speaks on financial 
                    stability webinar held by the Center for Financial Policy, 
                    University of Maryland 
1515  US            SEC Closed Meeting 
1630  US   09/25    API Weekly Statistical Bulletin 
                       Crude Stocks, Net Chg (Bbls)                       +0.7M 
                       Gasoline Stocks, Net Chg (Bbls)                    -7.7M 
                       Distillate Stocks, Net Chg (Bbls)                  -2.1M 
1901  UK   Sep      Shop Price Index 
1901  UK   Sep      REC JobsOutlook survey 
1950  JPN  Aug      Preliminary Retail Sales 
                       Retail Sales, Y/Y%                                 -2.8% 
                       Large-Scale Retail Sales, Y/Y%                     -4.2% 
1950  JPN  Aug      Preliminary Industrial Production 
                       Indus Output, M/M%                      +1.5%      +8.0% 
                       Inventory/Shipment Ratio, M/M%                     -8.8% 
                       Shipments, M/M%                                    +6.0% 
                       Inventories, M/M%                                  -1.6% 
                       Indus Output Mo-Ahead Forecast                     +4.0% 
                       Indus Output 2-Mo Forecast                         +1.9% 
                       Indus Output 3-Mo Forecast 
N/A   CAN           Northwest Territories elections in Canada 
N/A   US            IMF Managing Director Kristalina Georgieva participates in 
                    Barron's event on inequality 
N/A   GER  Sep      Baden-Wuerttemberg CPI 
                       CPI, M/M%                                          -0.2% 
                       CPI, Y/Y%                                          +0.3% 
N/A   FRA           OECD New Approaches to Economic Challenges (NAEC): The 
                    Financial System webinar 
N/A   US            Community Banking in the 21st Century research and policy 
                    conference 
 
Wednesday, September 30, 2020                                  Exp        Prev 
 ET 
0000  JPN  Jul      Auto production 
                       Production, Y/Y%                                   -36.61% 
0000  JPN  Jul      Auto exports 
                       Exports, Y/Y%                                      -51.84% 
0030  JPN  Aug      Preliminary Report on Petroleum Statistics 
0100  JPN  Aug      Steel Imports & Exports Statistics 
0100  JPN  Aug      Housing Starts 
0100  JPN  Aug      Construction Orders 
0200  UK   Q2       Balance of Payments 
                       Current Account (GBP)                              -21.1B 
0200  UK   Q2       UK quarterly national accounts 
                       GDP, Q/Q%                                          -2.2% 
                       GDP, Y/Y%                                          -1.7% 
0200  GER  Aug      Retail Trade 

(MORE TO FOLLOW) Dow Jones Newswires

September 25, 2020 16:01 ET (20:01 GMT)

22:3225-09-2020
Natuzzi to Outsource Some Production to Vietnam Due to U.S. Tariffs on China>NTZ
 

(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)

September 25, 2020 16:32 ET (20:32 GMT)

15:2125-09-2020
Italian Competition Authority Probes European Low-Cost Airlines Over Coronavirus Cancellations
 
   By Cecilia Butini 
 

The Italian Competition Authority AGCM said Friday that it has launched a probe into European low-cost airlines Blue Panorama, easyJet PLC, Ryanair Holdings PLC and Vueling over their handling of flight cancellations and reimbursements during the coronavirus pandemic.

The authority said the probe would focus on flight cancellations that were blamed on the coronavirus pandemic even when these happened outside of travel-restriction periods.

Contextually, AGCM is challenging the companies over their decision to issue vouchers to passengers instead of reimbursing the price of the canceled tickets.

According to the antitrust body, the four airlines didn't inform customers of their rights in case of cancellation, and offered them limited or expensive customer support.

AGCM said it started the investigation after receiving an increasing number of complaints from customers and in the wake of similar proceedings launched against Italian carrier Alitalia SpA and Spanish low-cost airline Volotea SA in July.

EasyJet said in an emailed statement: "We are aware of the proceedings started by the AGCM and will fully cooperate with the authority's investigation. EasyJet continues to offer all our customers whose flight is cancelled the choice between an alternative flight, a voucher or a cash refund, and in full compliance with applicable EU and Italian laws."

Representatives for Blue Panorama, Ryanair and Vueling weren't immediately reachable for comment.

 

Write to Cecilia Butini at cecilia.butini@wsj.com

 

(END) Dow Jones Newswires

September 25, 2020 09:21 ET (13:21 GMT)

07:5528-09-2020
G7 Political, Economic Calendar - Week Ahead -3-
                       Inventories                                        44.4 
                       New Orders Idx                                     67.6 
                       Production Idx                                     63.3 
1430  US   09/25    EIA Weekly Natural Gas Storage Report 
                       Working Gas In Storage (Cbf)                       3680B 
                       Working Gas In Storage, Net Chg (Cbf)              +66B 
1500  US   Sep      Global Manufacturing PMI 
                       PMI, Mfg                                           51.8 
1500  US            FRB New York President John Williams moderates Economic Club 
                    of New York event with Merck CEO Kenneth Frazier 
1900  US            Federal Reserve Board Governor Michelle Bowman speaks at 
                    'Opportunities and Challenges for Home Ownership' virtual 
                    roundtable discussion 
2000  US   Sep      Domestic Auto Industry Sales 
2030  US            Federal Discount Window Borrowings 
2030  US            Foreign Central Bank Holdings 
2030  US            Money Stock Measures 
2330  JPN  Aug      Labour Force Survey 
                       Jobless Rate                            3.0%       2.9% 
2350  JPN  Sep      Monetary Base 
N/A   EU            Special EU Summit 
N/A   US            U.S. fiscal year begins 
 
Friday, October 2, 2020                                        Exp        Prev 
 GMT 
0500  JPN  Sep      Consumer Confidence Survey 
                       Consumer Conf Idx                                  29.3 
0800  ITA  Q2       General Govt Quarterly Accounts 
0900  EU   Q2       Quarterly sectoral accounts 
0900  EU   Sep      Flash Estimate euro area inflation 
                       CPI, Y/Y%                                          -0.2% 
                       Core CPI, Y/Y%                                     0.4 
0900  ITA  Q2       GDP revised 
1000  EU            ECB Vice-President Luis de Guindos speaks at Foro La Toja - 
                    Vinculo Atlantico 'La respuesta de Europa' online event 
1230  US   Sep      U.S. Employment Report 
                       Non-Farm Payrolls                       +800K      +1371K 
                       Unemployment Rate                       8.2%       8.4% 
                       Avg Hourly Earnings (USD)                          29.47 
                       Avg Hourly Earnings-Net Chg (USD)                  +0.11 
                       Avg Hourly Earnings, M/M%               +0.2%      +0.37% 
                       Avg Hourly Earnings, Y/Y%               +4.8%      +4.65% 
                       Overall Workweek                                   34.6 
                       Overall Workweek Net Chg                           +0.1 
                       Government Payrolls                                +344K 
                       Private Payroll                                    +1027K 
                       Participation Rate                                 61.7% 
                       Non-Farm Payrolls Bench Net Chg 
1230  US   Q2       GDP by State 
1300  US            Federal Reserve Bank of Philadelphia President Patrick Harker 
                    speaks during 'A New Kind of Back to Work: Talent, Recovery, 
                    and the Future of Greater Philadelphia' webinar 
1345  US   Sep      ISM-NY Report on Business 
                       Business Index                                     42.9 
1400  US   Aug      Manufacturers' Shipments, Inventories & Orders (M3) 
                       Total Orders, M/M%                      +0.9%      +6.4% 
                       Orders, Ex-Defense, M/M%                           +5.6% 
                       Orders, Ex-Transport, M/M%                         +2.1% 
                       Durable Goods, M/M% 
                       Durable Goods, M/M% 
1400  US   Sep      University of Michigan Survey of Consumers - final 
                       End-Mo Sentiment Idx                    78.9       74.1 
                       End-Mo Expectations Idx                            68.5 
                       12-Month Inflation Forecast                        3.1% 
                       5-Year Inflation Forecast                          2.7% 
                       End-Mo Current Idx                                 82.9 
N/A   US            FRB Boston President Eric Rosengren speaks at Economic 
                    Conference 
N/A   UK   Q3       British Chambers of Commerce Economic Survey 
N/A   UK            Czech senate and regional elections 
N/A   EU            Special EU Summit concludes 
 
Saturday, October 3, 2020                                      Exp        Prev 
 GMT 
N/A   UK            Czech senate and regional elections continue 
 
 
 

(END) Dow Jones Newswires

September 28, 2020 01:55 ET (05:55 GMT)

08:3226-09-2020
Welcome to Naples -- WSJ

Even before Covid, this famously gritty corner of Italy seemed impenetrable. But the first book in Elena Ferrante's 'Neapolitan Novels' offers unfettered access -- to everyday life in extraordinary settings. Plus, there's pizza.

By Martha Cheng 

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (September 26, 2020).

BE FOREWARNED: Elena Ferrante's postwar Naples, as depicted in "My Brilliant Friend," is not the Italy of escapist fantasies, of villas under a Tuscan sun, of Roman holidays. It is savage and claustrophobic, where children throw sharp rocks to draw blood, where the power struggles of grocers, bakers and shoemakers ensnare the women around them. And yet, "My Brilliant Friend" is not dreary. What the narrator Elena Greco notes of her friend Lila Cerullo could apply to Ms. Ferrante: "She took the facts and in a natural way charged them with tension; she intensified reality as she reduced it to words, she injected it with energy." The author too draws you into the conflicts and joys of ordinary lives in tumultuous times -- thus illuminating our own.

"My Brilliant Friend," published in Italy in 2011 under the pseudonym Elena Ferrante (despite speculation, the author's identity remains unconfirmed) and translated into English a year later, centers on the friendship between feral Lila, a shoemaker's daughter, and eager-to-please Elena, the daughter of a porter at city hall. The most precocious children in the neighborhood, they forge a fraught friendship of rivalry and loyalty, the difference at times unknowable, and one that spurs each other's efforts to escape their circumstances. The book begins when Lila deliberately vanishes at age 66, without a word to anyone -- in anger, Elena pens the details of their lives, beginning with their childhood. The first of four books -- three of which have been adapted as an HBO series -- "My Brilliant Friend" feels even more relevant now, eerily reflecting the feeling of being trapped in our physical spaces as the country agitates.

In Elena and Lila's derelict corner of postwar Naples, "everything was quivering, arching upward as if to change its characteristics, not to be known by the accumulated hatreds, tensions, ugliness but, rather, to show a new face." "My Brilliant Friend" contemplates how to rise above our situation -- as individuals, as friends, as neighborhoods, as countries.

LOCALES

From the seedy to the sublime

The streets and buildings of Elena and Lila's unnamed neighborhood in Naples have a "sick pallor" and "the appearance of a poorly printed photograph," but in occasional escapes outside of its boundaries, Elena discovers Naples' vibrancy and beauty. Backed by the "delicate pastel-colored shape" of Mount Vesuvius, the city is full of grand piazzas and cascades into a sea that "broke in a thousand glittering splinters." Glimpses of this brilliance against the bleakness of Elena's everyday landscape charge Elena with hope. "Full of light and sound, I pretended I was alone in the newness of the city, new myself with all life ahead, exposed to the mutable fury of things but surely triumphant."

FOOD

Sinister prosciutto and pastries

Rare and perfunctory are the food descriptions in "My Brilliant Friend" -- the most memorable are those shadowed with darkness and excess. Elena associates the "coarse" body of Don Achille, rumored to have been a spy for the Nazi-Fascists, with "salami, provolone, mortadella, lard and prosciutto." At the party of Gigliola Spagnuolo, whose father works at the Solara bar and pastry shop, a base for the local mafia, sweets are supplied in abundance: pastries with cassata filling and sfogliatelle (shown), an iconic Neapolitan dessert of flaky pastry layered around cream.

But Ms. Ferrante leaves Naples' most iconic food -- pizza -- relatively untainted. While most restaurants are out of Elena's reach, pizzerias are not: She and friends gather there for rare nights out in the city, and a joyful day spent with her father yields "pizza melting with ricotta."

FASHION

Loafers with lofty goals

Clothes immediately differentiate the rich and poor. Elena, in "shabby old clothes," is fascinated by the wealthy women on Via Chiaia -- like a girl garbed in green, from her shoes to bowler hat -- who seem to "have dressed on some other planet." Lila adopts hairstyles, clothes and makeup from fashion magazines, as if to "tear off the old skin and put on a new one, suitable for what she was inventing." But she pours her greatest energies into designing a new shoe style for her father's business, thinking it will lift her family out of poverty. It takes the entirety of the book to execute the designs, and once done, they are "masterpieces of sturdy lightness, of dissonant harmony." However, their appearance in the last scene of the book reveals a devastating betrayal.

DESIGN

Irresistibly traditional

Naples' postwar construction boom manifests in a modern Piazza Garibaldi train station, so advanced that according to Elena's father, the Japanese were coming to study it, while new neighborhoods rise along the railroad tracks. Lila's fiancé, Stefano Carracci, insists on an apartment in the latter, drawn to clean white walls and "floors of polished majolica tile." But Naples seems to resist modernization, and this tension is captured in the ubiquity of old copper vessels (shown). They pop up in the most vivid scenes, conveying violence in some and durability in others. After the murder of the feared Don Achille, a hanging copper pot is sprayed with blood. Years later, as Elena washes Lila on the day of her wedding, she notes, "the copper of the tub had a consistency not different from Lila's flesh, which was smooth, solid, calm."

TECHNOLOGY

A fireworks feud

The Solara brothers prowl the neighborhood in their new Fiat 1100 (shown), harassing women and flaunting their wealth, acquired through ties with the Camorra, Naples' mafia. Around New Year's Eve, the Solaras use the car to stockpile fireworks for the largest display in the neighborhood. Then as now, fireworks launched from dusk to dawn besiege Naples on New Year's Eve, and the entire city flashes and fills with smoke. One year, another group of boys decides to pool their resources to surpass the Solaras. They start off with sparklers and pinwheels, "fine rains of silver and gold" and Bengal lights, a "jet of flame sprayed with a colorful crackle." But as the night progresses, the battle of explosions intensifies, until finally, the Solaras, ruthless in their refusal to lose, fire guns at the other boys.

 

(END) Dow Jones Newswires

September 26, 2020 02:32 ET (06:32 GMT)

19:2725-09-2020
Pompeo to Travel to Mediterranean Countries and Vatican to Bolster Ties, Promote Religious Freedom
By Courtney McBride 

WASHINGTON -- Secretary of State Mike Pompeo will travel next week to Greece, Italy, the Holy See and Croatia in a bid to shore up bilateral ties and promote religious freedom.

In Greece, Mr. Pompeo will undertake measures to improve economic ties and security cooperation between the nations. The secretary and Greek officials will sign a memorandum of understanding on science and technology.

While the top U.S. diplomat's visit to Greece last October was limited to Athens, Mr. Pompeo next week will visit both Thessaloniki, home to Foreign Minister Nikos Dendias, and Crete, home to Prime Minister Kyriakos Mitsotakis. On Crete, Mr. Pompeo will visit U.S. Naval Support Activity Souda Bay.

The trip will be the first by a U.S. secretary of state to Thessaloniki, which a senior department official described as a "gateway to the Balkans in terms of investment and trade."

Mr. Pompeo also will host a gathering of leaders in the energy sector -- part of a Trump administration bid to enhance Greece's energy independence.

The state department official didn't say whether Mr. Pompeo would play a mediating role in the continuing maritime dispute between Greece and Turkey, but said the U.S. urges de-escalation and is encouraged by a Sept. 22 announcement that the countries had resumed exploratory talks.

Asked whether the U.S. government would offer assistance to the victims of recent fires at refugee camps in Greece, or might accept some refugees, the official said the administration and its allies are "assessing the needs" in the aftermath.

The official didn't answer a question on whether the secretary's wife, Susan Pompeo, would accompany him on the tour. Mrs. Pompeo's inclusion on taxpayer-funded official trips has been criticized by Democrats in Congress who say Mrs. Pompeo's travel is an inappropriate use of public resources.

On Sept. 30, Mr. Pompeo will travel to Rome for meetings with Italian Prime Minister Giuseppe Conte and Foreign Minister Luigi Di Maio.

The official said Messrs. Pompeo, Conte and Di Maio are likely to discuss the situation in Libya, with the U.S. offering diplomatic support and stating that there is no military solution to the conflict between the United Nations-backed government in Tripoli and a rival faction headed by militia leader Khalifa Haftar.

In Vatican City, Mr. Pompeo will meet with the Vatican secretary of state, Cardinal Pietro Parolin, and its foreign minister, Archbishop Paul Gallagher.

The secretary will address the Holy See Symposium on Advancing and Defending Religious Freedom through Diplomacy. During a visit to Vatican City last October, Mr. Pompeo spoke at a symposium on work with religious organizations.

Mr. Pompeo isn't scheduled to have an audience with Pope Francis during this visit; he met with the pontiff last October.

On Oct. 2, Mr. Pompeo is slated to visit Croatia for meetings with Prime Minister Andrej Plenković, Foreign Minister Gordan Grlić-Radman and Defense Minister Mario Bano ić. The discussions are expected to focus on defense cooperation, increased U.S. investment in Croatia, and efforts to further integrate the Western Balkan states into the European Union.

The State Department official acknowledged progress Croatia has made toward meeting the requirements for inclusion in the U.S. visa-waiver program, but declined to predict an outcome.

Write to Courtney McBride at courtney.mcbride@wsj.com

 

(END) Dow Jones Newswires

September 25, 2020 13:27 ET (17:27 GMT)

22:0025-09-2020
G7 Political, Economic Calendar - Week Ahead -3-
1400  US   Sep      ISM Report on Business Manufacturing PMI 
                       Manufacturing PMI                       56.2       56.0 
                       Prices Idx                                         59.5 
                       Employment Idx                                     46.4 
                       Inventories                                        44.4 
                       New Orders Idx                                     67.6 
                       Production Idx                                     63.3 
1430  US   09/25    EIA Weekly Natural Gas Storage Report 
                       Working Gas In Storage (Cbf)                       3680B 
                       Working Gas In Storage, Net Chg (Cbf)              +66B 
1500  US   Sep      Global Manufacturing PMI 
                       PMI, Mfg                                           51.8 
1500  US            FRB New York President John Williams moderates Economic Club 
                    of New York event with Merck CEO Kenneth Frazier 
1900  US            Federal Reserve Board Governor Michelle Bowman speaks at 
                    'Opportunities and Challenges for Home Ownership' virtual 
                    roundtable discussion 
2000  US   Sep      Domestic Auto Industry Sales 
2030  US            Federal Discount Window Borrowings 
2030  US            Foreign Central Bank Holdings 
2030  US            Money Stock Measures 
2330  JPN  Aug      Labour Force Survey 
                       Jobless Rate                            3.0%       2.9% 
2350  JPN  Sep      Monetary Base 
N/A   EU            Special EU Summit 
N/A   US            U.S. fiscal year begins 
 
Friday, October 2, 2020                                        Exp        Prev 
 GMT 
0500  JPN  Sep      Consumer Confidence Survey 
                       Consumer Conf Idx                                  29.3 
0800  ITA  Q2       General Govt Quarterly Accounts 
0900  EU   Q2       Quarterly sectoral accounts 
0900  EU   Sep      Flash Estimate euro area inflation 
                       CPI, Y/Y%                                          -0.2% 
                       Core CPI, Y/Y%                                     0.4 
0900  ITA  Q2       GDP revised 
1000  EU            ECB Vice-President Luis de Guindos speaks at Foro La Toja - 
                    Vinculo Atlantico 'La respuesta de Europa' online event 
1230  US   Sep      U.S. Employment Report 
                       Non-Farm Payrolls                       +800K      +1371K 
                       Unemployment Rate                       8.2%       8.4% 
                       Avg Hourly Earnings (USD)                          29.47 
                       Avg Hourly Earnings-Net Chg (USD)                  +0.11 
                       Avg Hourly Earnings, M/M%               +0.2%      +0.37% 
                       Avg Hourly Earnings, Y/Y%               +4.8%      +4.65% 
                       Overall Workweek                                   34.6 
                       Overall Workweek Net Chg                           +0.1 
                       Government Payrolls                                +344K 
                       Private Payroll                                    +1027K 
                       Participation Rate                                 61.7% 
                       Non-Farm Payrolls Bench Net Chg 
1230  US   Q2       GDP by State 
1300  US            Federal Reserve Bank of Philadelphia President Patrick Harker 
                    speaks during 'A New Kind of Back to Work: Talent, Recovery, 
                    and the Future of Greater Philadelphia' webinar 
1345  US   Sep      ISM-NY Report on Business 
                       Business Index                                     42.9 
1400  US   Aug      Manufacturers' Shipments, Inventories & Orders (M3) 
                       Total Orders, M/M%                      +0.9%      +6.4% 
                       Orders, Ex-Defense, M/M%                           +5.6% 
                       Orders, Ex-Transport, M/M%                         +2.1% 
                       Durable Goods, M/M% 
                       Durable Goods, M/M% 
1400  US   Sep      University of Michigan Survey of Consumers - final 
                       End-Mo Sentiment Idx                    78.9       74.1 
                       End-Mo Expectations Idx                            68.5 
                       12-Month Inflation Forecast                        3.1% 
                       5-Year Inflation Forecast                          2.7% 
                       End-Mo Current Idx                                 82.9 
N/A   US            FRB Boston President Eric Rosengren speaks at Economic 
                    Conference 
N/A   UK   Q3       British Chambers of Commerce Economic Survey 
N/A   UK            Czech senate and regional elections 
N/A   EU            Special EU Summit concludes 
 
Saturday, October 3, 2020                                      Exp        Prev 
 GMT 
N/A   UK            Czech senate and regional elections continue 
 
 
 

(END) Dow Jones Newswires

September 25, 2020 16:00 ET (20:00 GMT)

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18 September 2020 - 8:30 AM
Credem Startup Breakfast: Fintech District
Conference

The Startup Breakfasts are a series of virtual meetings...


> Go to event

Il centro finanziario di Treviso diventa filiale leggera
23 September 2020

Proseguono gli investimenti per la crescita di Banca Euromobiliare...

Credem, risultati 1H20
07 August 2020

Il Direttore Generale di Credem...

Paolo Zavatti appointed new Deputy General Manager
11 June 2020

Paolo Zavatti has been appointed Deputy General Manager...

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