National statistic bureau Istat releases industrial production report for August.
(All times CET. Click here for Italy Daybook news alert.)
WHAT TO WATCH: * Moody’s Investor Services expected to review Italy sovereign debt rating, outlook
ECONOMY * 11am: Industrial production for Aug.; M/m est. -0.3%, Y/y est. +1.4%
EQUITIES: * Ferrari said to push for $12.4b valuation in IPO * Intesa (ISP IM) starts buyback program for free assignment to employees * Italcementi (IT IM) outlook positive by S&P, off watch developing * Telecom Italia Said to Eye 40% Stake in Carrier Metroweb
* Valentino’s Qatari owner said to explore IPO of fashion designer
CONFERENCES: * Telecom Italia (TIT IM) CEO Marco Patuano, Wind CEO Maximo Ibarra among speakers at Ernst & Young media and technology conference in Capri
MARKETS: * Benchmark FTSE MIB index rose 0.7% to 22,156.74 * Italian 10-year yield spread with German bunds narrowed 1 bp to 110 bps