Sunday, December 16, 2012

Investors retain faith in Italy despite turmoil | Synopsis

Investors retain faith in Italy despite turmoil

Ammazzate Silvio Berlusconi non solo su Facebook
Ammazzate Silvio Berlusconi non solo su Facebook by paz.ca
License (according to Flickr): Attribution License
Excerpt:

MILAN Silvio Berlusconi's vacillations over whether or not to run for Prime Minister of Italy failed to dent investor demand for the country's debt, leaving borrowing costs steadfastly low in a bond auction on Thursday. Italy easily raised euro3. 5 billion ($4. 5 billion) in the sale of 3-year bonds Thursday that saw interest rates, or yields, drop to the lowest level in two years. Italy paid an interest rate of 2. 5 percent, compared with 2. 64 percent last month. The country has been back in the spotlight for the last week after Berlusconi's party pulled its support for Premier Mario Monti's technocrat government and Berlusconi said he would take another shot at re-election. All this prompted Monti to announce he would step down as soon as the budget is passed.

People:

Silvio Berlusconi

Overall Sentiment: 0.0296871

Relevance: 0.90666

Disambiguation: Politician | BoardMember | Celebrity | ChivalricOrderMember | CompanyFounder | FilmProducerReferences:

Mario Monti

Overall Sentiment: 0.102626

Relevance: 0.582906

Foreign Minister Franco Frattini

Overall Sentiment: 0.365816

Relevance: 0.229141

Nicholas Spiro

Overall Sentiment: 0.0483695

Relevance: 0.202463

Berlusoni

Overall Sentiment: 0.0768658

Relevance: 0.182552

Chiara Corsa

Overall Sentiment: 0.237459

Relevance: 0.176194

Loredana Federico

Overall Sentiment: 0.174459

Relevance: 0.168733

SentimentQuote
-0.0501451"This suggests that Berlusconi's announcement, while stopping the loss of support experienced over the last few months, failed to provide a meaningful boost," Unicredit analysts Chiara Corsa and Loredana Federico said ...
Sentiment Stats:
  • Number of Quotes: 1
  • Aggregate Sentiment: -0.0501451
  • Mean: -0.0501451
  • Standard Deviation: 1.4142135623731

Michael Hewson

Overall Sentiment: 0

Relevance: 0.160627

SentimentQuote
0"No one really cares about Berlusconi," said Michael Hewson, ...
0.0624622"No one really cares about Berlusconi," said Michael Hewson, a senior analyst at CMC Markets in London. "I would suggest he is white noise. ... The markets are fairly comfortable with the political situation in Italy, now that they have had time to assess after Monday."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0.0624622
  • Mean: 0.0312311
  • Standard Deviation: 0

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

Country: Italy

Overall Sentiment: -0.0476804

Relevance: 0.47111

Disambiguation: Location | HumanLanguage | PoliticalDistrict | Region | AdministrativeDivision | GovernmentalJurisdictionReferences:

Company: CMC Markets

Overall Sentiment: 0.449754

Relevance: 0.305603

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