After four days of bearishness, it reappears on the Mercati the silhouette of Toro. Merit of the accounts of NVIDIA +8%, the manufacturer of the most sophisticated chips, essential for Artificial Intelligence which, while halving its profits compared to a year ago, beat estimates. But, above all, it announced a strong recovery in sales, starting from the current quarter.
Nvidia boosts Taiwan, Blackrock boosts China
Nvidia's announcement was the spark that got i Asian markets, the most sensitive to the trend of technology.
Taiwanese giants rise (+4% Tsmc), the Korean Samsung earns 2,2%.
Il Kospi of Seoul earn 1% as well as Taiwan, + 1%.
Japan Stock Exchange closed for holidays, but Chinese stock lists showed little movement BlackRock raised its positioning on Drago shares to Overweight.
Fed minutes do not warm up Wall Street
The recovery of the Asian stock markets has already spread to the other markets: futures on the American stock markets have risen during the night, starting with the Nasdaq.
Le stock exchanges of Europe they should open in rise, the future ofEuroStoxx50 index earn 0,5%. Few news emerged yesterday from the publication of the minutes of the last Fed meeting, "Almost all" the members of the monetary committee expressed themselves in early February for a slowdown in the rises to just 25 points, after four consecutive squeezes by three quarters of a point . But the minutes also mention the fact that the risks of more persistent inflation remain "a key factor" for future decisions. Modest variations of US markets: Dow Jones -0,26%, S&P 500 -0,16%. The Nasdaq salt of 0,13%.
Italy, inflation down but not too much
La stalled Europe has also invested, encouraging profit-taking, starting with credit. It is no coincidence that the worst markets are bank-centric ones: Milan – 1,12%, Madrid -0,81%. The rise in prices slows down but not too much. Istat certified that in January theinflation in Italy it recorded a +0,1% on a monthly basis and a + 10 % compared to last year. In December, before the drop in energy prices, it stood at +0,3% on a monthly basis and +11,6% on an annual basis.
I prices to consumption in Germany have reached a + 9,2 % on the year and +0,5% on a monthly basis. The German Ifo business confidence index rises to 91,1.
G20 summit strengthens the Korean won
The bond market has metabolised the new developments in order FED minutes. XNUMX-year Treasury Notes to 3,91%. German bund 2,52%. He ten-year BTP reopens at 4,45%.
The situation geopolitics explosive will be from today to Sunday at the center of the G20 Bangalore meetings preceded by a G7 summit. The agenda presented by the host country India is very broad. Among the most controversial points, apart from those of Ukraine and the sanctions on Russia, there is also that of the debt of poor countries: China e United States they are discussing how to shoulder the costs of the amnesty. On the currency front, yes strengthens the Korean Won after the confirmation of rates at 3,5% by the central bank. The Bank of Korea reports that South Korea's 2023 GDP is expected to rise by 1,6%, slightly below the November forecast.
Weak energy, the cold helps European gas
Il Brent oil floating just above 80 dollars, the WTI at 74 dollars marks the seventh consecutive decline. Prices are about $4-5 above their 15-month lows. Tensions on interest rates lead to fears of a sharp slowdown in global demand in the near future.
Il US Natural Gas opens the day down 1% to $2,15. European Natural Gas rebounded by +4% to 50,50 euro/mWh on expectations that colder temperatures arriving in Northern Europe could reduce EU inventories, which in any case are well above alert levels.
Bitcoin, the turbulence also affects the Rolexes
Bitcoin at $24.360. The increase in interest rates and the Bitcoin crisis are also reflected in safe-haven assets, among which watches stand out. Watchfinder, the site for the sale of precious second-hand Rolex, Patek Philippe and Audemars Piguet yesterday decided a 15% price cut.
A tranche of dividend for Eni, the accounts of Bicocca are doing well
Test in Piazza Affari today on the accounts of Eni.
The oil group closes the fourth quarter with an adjusted Ebit of 3,58 billion euros, the consensus was 3,74 billion. Production came in at 1,617 million barrels per day, just below expectations. At 12.45 the company presents the new industrial plan to 2026. The BoD approved the distribution of the third tranche of the dividend on 2022 equal to 0,22 euro per share.
Pirelli closed 2022 with results higher than expected. The company estimates revenues for 2023 between 6,6 and 6,8 billion euros with expected volumes between stable and approximately +1%. The adjusted Ebit margin is expected between greater than 14% and approximately 14,5%. Adjusted Ebit is up by 19,9% to 977,8 million (approximately 960 million the implicit November target), with an adjusted Ebit margin of 14,8% (15,3% in 2021) compared to the target by about 15% in November.
Buzzi: the German rival HeidelbergCement presented budget data higher than expected.
