Le international stock exchanges are in sharp decline, while the oil rose above $100 the barrel after an attack on oil tankers forced theIraq to halt operations at its oil ports, while theOman evacuated all vessels from a major export terminal as a precautionary measure. Furthermore, the Bahrain announced that Iran had targeted its fuel tanks.
The climate is one of high tension for the fears of a prolonged war which also erased the relief offered yesterday by the largest emergency release of crude oil reserves never done. As a further sign of tension, the Chinese refineries They have begun canceling agreed export cargoes of refined fuel, including gasoline and diesel. Trump, who reiterated his hypothesis that the war will end soon, is also preparing to invoke powers that would allow the resumption of oil production off the coast of Southern California.
In the meantime, the'Iran He told regional intermediaries that for a ceasefire to occur, the United States must guarantee that neither it nor Israel will strike the country in the future, according to officials familiar with the matter.
Adding to the concerns are the growing tensions in the private credit market with Morgan Stanley and Cliffwater who imposed a cap on withdrawals from their multibillion-dollar private credit funds. The sector was hit by a wave of repayment requests, amid growing concerns about the quality of loans.
Sul commercial front, the administration of US President Donald Trump has launched new investigations against China, the EU and other economies with the aim of replace the duties mutual agreements introduced by Trump himself and recently annulled by the Supreme Court of the United States.
Contracts for the S&P 500 Index and the Nasdaq 100 fell by about 1%. European stocks are seen opening lower, with futures at -0,58%.
There is no peace for Brent, seen to continue to rise
With crude oil prices soaring, fears are growing over the repercussions on inflation and for the global economic slowdownThe surge in oil prices will lead to an increase in the cost of various inputs, from fertilizers to polyester to helium. As a result, they will be under pressure sectors ranging from agriculture to semiconductors, analysts say.
The forecasts are not encouraging. According to the Commonwealth Bank of Australia, Brent could rise to $150 a barrel or even more, as the Middle East crisis could last for months, causing physical shortages. According to the International Monetary Fund, a 10% increase in energy prices that persists for a year would increase theglobal inflation of 40 basis points and would slow economic growth by 0,1-0,2%. Iran He warned that the world should prepare for the possibility of oil reaching $200 a barrel if the conflict were to escalate further.
The United States announced plans to release 172 million barrels of oil from its emergency reserves, as nations around the world scramble to ease soaring crude oil and fuel prices. Member countries of the'International Energy Agency They announced that they wanted to release 400 million barrels from global reserves. However, observers have calculated that 400 million barrels correspond to only 20 days of lost supplies, so it is clear that investors are more concerned about the perspective.
Wall Street was little changed yesterday, but Treasuries fell across the entire curve.
IERI (Yesterday) Wall Street The US Treasury yield closed little changed, while US government bonds fell across the curve, despite data showing inflation slowing in February compared to the previous month. This reflects concerns that the war in Iran, which has driven up energy costs, is complicating the Federal Reserve's interest rate path. Market participants now expect the Fed to cut rates only once this year.
Netflix Inc. will pay up to $600 million for InterPositive, the AI-powered film production company founded by Ben Affleck, making the purchase one of the streaming leader's largest ever. Nvidia will invest $2 billion in Nebius Group NV as part of a strategic partnership to develop and build AI-powered data centers.
Asia declines. The dollar rises slightly.
Asian stock markets fell after two days of gains. The MSCI Asia-Pacific stock index fell 1,5%. The Japanese index Nikkei 225 drops by 1,5%
Il Kospi of South Korea drops by 1%, while theAustralian index The S&P/ASX 200 fell 1,3%.
The Shanghai Composite Index China lost 0,2%, while the Shanghai Shenzhen CSI 300 dropped 0,3%. Hong Kong's Hang Seng Index fell 1,2%.
Futures on Brent crude oil They jumped 9,2% to $100,37 a barrel, extending a gain of more than 4% seen overnight. U.S. crude oil futures jumped 8,1% to $94,26 a barrel.
Il dollar rose by 0,2%, while the cryptocurrency they have weakened. It yen settled near its lowest level this year, briefly falling to 159,24 per dollar, approaching the 159,45 level that prompted the Federal Reserve to conduct a so-called rate check in January. Analysts say the Bank of Japan It will likely raise its benchmark interest rate in April, after leaving its monetary policy settings unchanged next week.
European stock markets opened lower. At the Milan Stock Exchange, Generali and Leonardo are all eyes on the stock market.
European stock markets are expected to open lower: Eurostoxx 50 futures are down 0,58%.
Ferragamo, an Italian luxury group, reported an adjusted EBIT of 24,3 million euros in 2025, down approximately 30% from the previous year.
Tim recorded a net profit of 297 million euros in 2025, the first positive result since 2020.
Geox closed 2025 with a net loss of 16,2 million euros.
Leonardo: financial results released, conference call to follow.
Generali, record 2025 profit of €4,3 billion, coupon rises to €1,64, here's the yield. Buyback of €500 million.
B for Bank, extraordinary meeting on the merger by incorporation of Popolare di Sondrio (9.30 am) in Milan.
Banca Mediolanum, board of directors' financial statements (financial statement results published on February 3).
Getting very publishes results and updates plan to 2027.
Webuild, conference call on 2025 results.
Avio, board of directors on 2025 results
That, board of directors on 2025 results.
sapphire, board of directors on 2025 results.
believe, board of directors on 2025 results.
