New black day European Stock.

Keywords: Scholarship, Crisis, PARIS, CAC40.

In the footsteps of Asian markets, financial markets fell sharply Tuesday, troubled by the financial health of the eurozone. Paris lost 3.90%, 3% in London and Berlin, Milan wins by 5% as Madrid.

After opening down 3%, the CAC 40 has accelerated its fall. Around noon, it still yields 3.69% at 3304.26 points, before slipping in 3296, down from 3.95% ten minutes later ... The star Dax index of the Frankfurt Stock Exchange fell 2.90% and the London FTSE drops 2.79%. The Madrid Stock Exchange, in the heart of concerns after Greece, continued to tumble to -4.42% while Milan decline of 4.10%.
Asia all seats finished in the redThe Nikkei, Tokyo Stock Exchange closed on having even a drop of more than 3%. Asian markets are worried about the financial health of the eurozone as U.S. markets. Wall Street finished Monday on a sharp fall of 1.24%.
On Monday, financial markets had already testified togreat excitement, oscillating between higher and lower net free for fences in a fragmented. The bank had pulled around the indices down, hit by the announcement of the public trust of the Spanish savings bank Cajasur.
Plans rigor announced from Madrid to Berlin via London and Rome, today, are not sufficient to erase the doubts of the markets. The euro is attacked again, falling below $ 1.24. Around 11:00, one euro is trading against 1.2204 dollars (-1.12%).

Eurozone industrial orders the leap:
In terms of macroeconomic indicators, UK GDP the first quarter was revised upward to its second estimate to +0.3% and -0.2% a year.
Moreover, controls for industry in the euro area recorded in March, their biggest rise in annual pace in 10 years, according to Eurostat. They rose 5.2% from February and 19.8% YoY. This is their largest increase in one month on since June 2007. The new pass unnoticed on the market yet ...
Overseas, markets will keep a close eye on indices of investor confidence and consumer the month of May Property price index is also planned. These indices should be encouraging, but the markets will give the importance they saw the excitement of Tuesday?

The bank attacked:
The banking will be discussed throughout the meeting. On Tuesday, all these values suffer: Societe Generale (-7.38%), Axa (% -5.95), Credit Agricole (% -7.22), BNP Paribas (-4.15%) take the Paris stock exchange down.
In addition to European fears, securities react to changes in recommendation. Deutsche Bank has increased the purchase on BNP Paribas, but lowered its recommendation for the purchase of "keep" on Credit Agricole. Societe Generale is its preferred value among the French bank.
Elsewhere in Europe, the bank is also in pain. In Germany, Deutsche Bank lost 3.88% in London, Barclays and RBS unleash respectively 6.68% and 7.19%.
In Spain, Banco Santander Popular stabilizes but leaves 6.24%. For the markets, the merger of the Caja Mediterráneo (CAM), the Asturiana Cajastur, Caja Cantabria Caja Extremadura and gives the image of a weakening of the banking sector.
In Milan, Mediolanum fall of 4.68%, 6.18% of UniCredit and Banco Popolare 3.99%. Contracts awarded on the bank, anticipating today's passage in late afternoon of an austerity plan of 24 billion euros for the next two years.

Renault fall:
Natixis (-6.60% To 3.268 euros) should be the main role in the process of strengthening BPCE internationally in asset management, in the words of Chief Executive of the banking group on Tuesday in mutual Echoes.
Peugeot (-3.11% To 18.220 euros) should strengthen its Vigo plant in north-west Spain with a lot of investment, Voices by Tuesday. The plant should be assigned two new entry-level models, for Peugeot and Citroen, the newspaper said.
Carlos Ghosn, president of the Japanese Nissan Motor, was pessimistic about the future of Europe's automotive market by the end of the year. L Renault tumbles 6.31% to 26.940 euros.
EADS (-2.93% To 15.220 euros) Airbus CEO Tom Enders told the Wall Street Journal reported that Airbus would seek to avoid accelerating too quickly its production.
Citigroup has raised its opinion of "hold" from "buy" Suez environment that benefits (-0.40% to 13.645 euros).
RBS fell to "sell" to "hold" on Crossroads (-3.14% To 32.205 Euro).
Nexans hold a general meeting on Tuesday, as Societe Generale, Iliad and CNP.