After the sales widespread both on the market stock, both on bonds Today a show is being staged timid recovery. The concern generated by the increase in oil prices in view of the important central bank meetings of the United States, Japan and the United Kingdom. Both Wall Street yesterday, both in Asia today continues to be penalized artificial intelligence sector after leaders of Anthropic, OpenAI, and xAI raised security concerns and called for a slowdown in its development. Trump downplayed concerns about the misuse of the technology, stating that current US security measures are adequate and that China would take advantage of doubts about the development of artificial intelligence. The bitcoinAsian and European stock markets are attempting a rebound.
Another warning light goes off: US 10-year yield surpasses 5%
The yield of 10-year US Treasury bonds surpassed for the first time since mid-2007 the 5,0210% a level that, according to analysts, could have impact on the U.S. economy and threaten the stock market. The rally is driven by high inflation, massive corporate and government debt, and concerns about the United States' long-term fiscal path.
The focus is on the Fed decision at the end of the monetary policy meeting futureAccording to CME's FedWatch, market participants estimate a 90% probability that the Federal Reserve will raise interest rates by 25 basis points to counter inflation linked to high oil prices. This would represent the Fed's first rate hike since mid-2023.
Oil prices rise above $107. Saudi Arabia's east-west pipeline is affected.
The alert for oil supplies from the Middle East remains high. Yesterday the Yemeni Houthis, aligned with Iran, have launched a new wave of attacks against theSaudi Arabia, after Riyadh accused Iranian-backed Iraqi fighters of an attack on'east-west oil pipeline The kingdom, which it said could disrupt up to 4% of global oil supplies, said the Gulf Arab states had also postponed planned talks with Iran. U.S. crude oil rose 1,82% to $103,24 a barrel, while Brent crude gained 1,6% to $107,37.
Yesterday, Wall Street closed sharply lower, dragged down by megacaps. The 10-year yield exceeded 5%.
IERI (Yesterday) Wall Street closed down, weighed down by losses Nvidia and others chip manufacturers after leaders of Anthropic, OpenAI, and xAI raised security concerns and called for a slowdown in AI development. S & P 500 closed at -0,48%, Nasdaq at -0,56%, Dow at -0,29%. Nvidia decreased by 3,4%, micron Technology by over 5%. Broadcom e Advanced Micro Devices The Phlx chip index fell 5,9%, reducing its projected gain for 2026 to 57%. Bank of America fell 5,1% after Chief Executive Brian Moynihan said he expected investment banking fees to decline by at least 10% in the third quarter.
On the other hand, the recovery is software sectorServiceNow, Adobe, and Workday rose between 4% and 7,4% after selling off in recent sessions on concerns that competition from artificial intelligence companies could hurt their margins.
The recent S&P 500 decline led the benchmark index to trade at 19 times expected earnings. This is the lowest level since April 2025, when Trump's "Liberation Day" tariff announcements sent global markets into a tailspin. Nervousness increased as the yield on the benchmark 10-year Treasury bond briefly surpassed the key threshold of 5% for the first time since 2023.
Tech still weighs heavily in Asia, but a rebound is being attempted
Asian stock markets extended the previous session's losses in the early part of the session after warnings were issued about the threat posed by AI development. They then attempted a rebound toward the close of trading. The MSCI Asia-Pacific stock index fell 0,8%, led by Kospi South Korea which reduced the decline to 0,8%. Taiwan lost 0,43%. The Hang Seng Hong Kong lost 0,2%, settling at 24.879,69. The Shanghai Composite gained 0,1%, closing at 3.889,95.
Il Nikkei Japanese travels around parity, oscillating between gains and losses. Softbank Group, the Japanese giant that is a major investor in OpenAI, rose more than 8% in Tokyo, recovering previous losses. Similar to the movement seen on the US 10-year bond, the yield on the US Treasury 10 year old Japanese rose above 3%, hitting a new 30-year high of 3,025%. The Bank of Japan The central bank will raise its interest rate by 25 basis points to 1,25% at the end of its two-day meeting on Friday, signaling further monetary policy tightening. Policymakers are seeking to support the yen after their interventions helped prevent the currency from hitting a 40-year low.
On the currency markets, the index of the dollar, which measures the value of the greenback against a basket of currencies, rose 0,11% to 99,60. single European currency lost 0,1% on the day, settling at $1,1537, while the dollar rose 0,21% against the yen, reaching an altitude of 154,68.
L'gold recorded a slight increase. Spot gold traded at $4307,32 an ounce. In the cryptocurrency market, bitcoin lost 2,19%, settling at $77.360,58. Ether dropped 3,48%, falling to $2.480,77.
European stock markets are expected to attempt a tentative recovery. At Piazza Affari, eyes are on Banco BPM, Unicredit, and Prysmian.
European stock markets are expected to open slightly higher this morning, based on Eurostoxx 50 futures trading at +0,05%.
Bpm bank announced the launch of a share buyback program, from September 15 to 25, 2026, for a maximum total amount of €7 million for incentive plans. The Board of Directors meets
UniCredit-CommerzbankOrcel and Klingbeil described the meeting as constructive. German Finance Minister Lars Klingbeil explained Berlin's demands regarding a possible acquisition of Commerzbank to CEO Andrea Orcel. RBC initiated coverage of UniCredit shares with a "Sector Perform" recommendation and a target price of 90 euros.
RailwaysThe new strategic plan for rail mobility 2027-2031 has been published.
PostCEO Matteo Del Fante said he expects to reach a "largely controlling" stake in TIM with the reopening of the tender offer period, after having reached 66,6% in the first phase thanks to the increase in the cash component of the offer.
PrysmianThe U.S. antitrust authority has given the green light to the acquisition of Atkore. The Italian cable group announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expired on September 14, allowing it to pass one of the key regulatory steps in the transaction.
Saipem has completed the sale of its entire stake in Saudi Arabian Saipem Limited to Ades Saudi Limited Company, an indirect subsidiary of Ades Holding Company, an international operator active globally in offshore and onshore drilling services.
Avio which successfully launched the Sentinel-3C satellite under a contract signed with the European Space Agency and the Flex satellite for ESA from Europe's Spaceport in French Guiana using a Vega C rocket.
The Italian Sea GroupThe Florence court has granted a 60-day extension for the filing of the final plan and subsequent proposal as part of the crisis management procedure initiated by the luxury yachting company.
