European stock exchanges still negative, waiting for the next verdicts of the central banks. At the end of the morning Milan loses 0,25%. They do worse Paris e Frankfurt (both -0,4%), while Madrid travels positively (+0,4%). Outside the Eurozone, London -0,7%. The increasingly concrete prospect of the next 21 September weighs on the price lists the Fed vary a new interest rate hike by 75 basis points, similar to the one expected tomorrow by the ECB. Indeed, in recent days, the good news on the US economy's ability to respond has been received rather badly by the markets, as it could encourage the Fed to be even more aggressive in monetary tightening.
Btp-Bund Spread
Lo spread between 231-year Bunds and BTPs with the same maturity it stands at 234 basis points, slightly down on the XNUMX at the last closing.
Bad macro news from Germany
On the macro front, signs of an economic slowdown came again from Germany, where in July industrial production fell by 0,3% per month due to high energy prices.
The best and worst stocks on the Ftse Mib
As for individual stocks on the Ftse Mib, the best performances are those of A2A (+ 3,55%), Hera (+ 2,9%), Saipem (+2,46%) ed Enel (+ 2,45%).
To mark the worst declines, however, are Unicredit (-1,87%), Bpm bank (-1,41%), Cnh Industrial (-1,39%) And Amplifon (-1,39%).
Euro
On the currency market, the euro fluctuates around 0,99 dollars: the single currency is indicated at 0,9901 from 0,9908 at yesterday's close. The yen is weak: the euro is worth 142,68 yen (from 141,60), while the dollar/yen ratio is at 144,12 (from 142,90).
Petroleum
Oil prices continue to decline: Brent for November delivery loses 0,93% to 91,97 dollars a barrel, while October WTI slips by 1,17% to 85,86 dollars.
Natural gas
Natural gas on the Amsterdam TTF platform fell by 2,4% to 234 euros per megawatt hour.
Asian markets
Closing down also for the Tokyo Stock Exchange, with the Nikkei index dropping 0,7%, at 27.430,30 points. Despite the continued decline in the yen, which is a positive factor for Japanese export bonds, and despite the positive data on services from the US, fears about the future moves of the Federal Reserve also persist on the Japanese market.
Index MSCI Asia-Pacific down 1,7%, to its lowest since May 2020, with most sectors in the red starting with technology. It does better Shezhen (+0,22%): Chipmakers stepped forward after President Xi Jinping called for stepping up efforts to advance key technologies. In sharp decline instead Hong Kong (-1,72%) And Alone (-1,55%).
