It could have been better. THE US consumer prices slow growth, but less than expected: in December, on an annual basis, the increase was 6,4% against the previous 6,5% against the expected 6,2%, "We still need to push rates all 'up because inflation is proving to be more resistant than expected” he said hotly John Williams, chairman of the most powerful Fed, the one in New York.
Eurostoxx down, Milan at the top for 13 months
The message is destined to weigh on the stock market race. A slightly lower opening is looming: the future of the index EuroStoxx50 marks -0,2%. Scenario still tonic in Europe, where yesterday the Eurostoxx50 index and our FTSEMIB +0,22% reached new highs for 13 months before retreating in the wake of Wall Street. The index 100 FTSE of London has hit an all-time high with the push of its TLC giants. BT and Vodafone jumped 4% after the acquisitions of Liberty Media.
In the last quarter of 2022, the eurozone's GDP grew by 0,1% and employment by 0,4%. The latter figure is likely to favor one grip of the ECB. Waist German ten-year closed at 2,43%, on the highest since the beginning of January. BTP 4,21% with the spread at 177 basis points. All states in the euro area should go back to having public finances considered "healthy," said the French economy minister Bruno Le Maire. To follow today i car titles after the definitive go-ahead from the European Parliament to ban the sale of diesel and petrol-powered cars from 2035.
The Fed will hike rates through June
Uncertain US markets, up and down yesterday: the data on consumer prices did not clarify what the path is of inflation: there are arguments for those who see a rapid deflation, but the strong pressure on rents suggests a long and complicated path. Thus the hypothesis rises that the Fed “can go as high as 5,25%. If that were the case, the Fed could make thelast rise not in the meeting of May 3, but in that of 16 June. Ultimately the Dow finished down 0,5%, the Nasdaq was up 0,5%. The S&P 500-0.04% is almost flat: the stock recovered about one point of loss going to close at the opening levels.
Back to flying Airbnb +9%
Post-exchange, Airbnb released better-than-expected quarterly figures and 2023 forecasts well above consensus expectations. The stock has come to gain 9%.
Wall Street futures are down slightly. The 3,74-year Treasury Note traded at 3,70%, from XNUMX% yesterday.
The Asian price lists are weak
Asian stock markets are also down: Tokyo–0,3%. Hong Kong -1%, CSI 300 of price lists Shanghai e Shenzen -0,4%. Most of all the index goes down Taiex of Taipei, down 1,7%, offset by the giant's more than 4% decline Taiwan Semiconductor Manufacturing Co. (TSMC). The news of the reduction of the stake held by the Berkshire Hathaway fund came out overnight: the presence of the capital had been revealed around the end of the year. Initially, Warren Buffett's fund had come to hold a share worth five billion dollars, in the latest communications to the regulator, the stake has fallen by 86% compared to the previous one.
La braking of the chip sales also weighs on Kospi of Seoul -1,5%. On parity the stock exchange of India.
Oil is down. Gas at 14-month low
Petroleum down for the second consecutive day to 78,3 dollars a barrel. The Natural gas European rebounded by 1% remaining on the lows of the last 14 months. From the beginning of the year -31%.
Fsi blitz on soul. Rudder reduces the altitude in Azimuth
Soul Holding. Mediobanca announced last night that it has launched an operation to acquire a share between 7 and 9% of the savings management company with what in technical terms is called reverse Abb. The buyer is theFsi, company controlled by the partners, led by Maurizio Tamagnini. There are those who go so far as to hypothesize that the premium on stock market values would be under 10%.
Azimuth: Shareholder Timone sells 0,9% of the capital at 22,35 euros, 3% below yesterday's closing (23,17 euros), expected down.
Tim: market test after the accounts presented yesterday. For Intermonte solid 2022 results and reasonable outlook, BUY. The February 24 Board of Directors will decide on the non-binding offer received from Kkr for a stake in the network, but remains open to “evaluate any possible alternative that should materialize in the meantime.
Enel. The sale of Enel's assets in Romania is proceeding "in the right direction" and an agreement is expected before the end of June. Group CEO Francesco Starace told Reuters on the sidelines of a conference on energy.
Prysmian. French rival Nexans this morning announced targets for 2023 that exceeded expectations.
Acea, the president Michaela Castelli has resigned.
Pirelli. Non-executive director Bai Xinping has announced his resignation in response to the assumption of new professional responsibilities in the Sinochem group.
