As happened to many other central banks in the euro zone, in 2023 the Bank of Italy recorded a gross loss of 7 billion, but the risk fund absorbed the red and the year ended with a profit...
The Bank of Japan lowered its key interest rate to zero percent from minus 0,1 percent previously. Also stop the yield control program
In 2024, will the forces of economic growth or those of recession prevail and will the danger of inflation be definitively averted? Tomorrow on FIRSTonline the answers from the Lancette dell'economia by Fabrizio Galimberti and Luca Paolazzi
THE CLOCKS OF THE ECONOMY OF DECEMBER 2023 – What are the markets' reasons and the central banks' reasons for the decline in rates? Is the US economy headed for a soft landing? What weapons does China have to support the economy? Why the…
Almost all European and American indices are around parity - Piazza Affari recovers: Inwit flies, Diasorin slips again
European stock markets are weak awaiting any news from central bankers - Nagel sends a message to Italy: "Governments should help reach the inflation target - Oil and utilities down in Milan
Even Piazza Affari ends up in decline - Banks and utilities are equally challenged
All the spotlights on the financial markets are focused today on the Jackson Hole summit where Powell and Lagarde will say what the state of health of the economy is and above all what the monetary policy they intend to implement in the coming months will be. Eyes…
What monetary policy will be that of the Fed and that of the ECB which will emerge from the world summit of central bankers in Jackson Hole scheduled for tomorrow - This is what all the stock exchanges are asking, today down, with the exception…
With the appointment of Michele Bullock to head the Reserve Bank of Australia, there are 24 women at the head of an international central bank
The rate hike seems to be drawing to a close but the markets are waiting to understand the moves of Powell and Lagarde. Vivendi against raises for the Tim network. Cattaneo books Armani for the new Enel team
Uncertainty about the moves of the central banks and the fall in oil prices accentuate the volatility and declines of the markets - In Piazza Affari, heavy oil losses (-7,3% for Saipem), reverse of the banks and spreads over 190 basis points…
Bank of Japan Select Committee meets. And the markets are sniffing the air of a change of direction on rates. Warren Buffet's lunge is not isolated: here's what can happen
THE HANDS OF THE ECONOMY OF APRIL 2023 - Why did the Monetary Fund leave the 2023 estimates unchanged despite the stumbles of the banks? Headline inflation falls and core inflation rises: why the ups and downs? What are the risk factors for…
Wall Street's optimism is not enough to appease the concern of the European stock exchanges - The BoE joins the Fed and raises rates by 0,35% - Utilities in Milan are doing well, banks in the red
Recovery, inflation, rates, central banks, stock exchanges, exchange rates: on Saturday Galimberti and Paolazzi's hands on the economy will explain on FIRSTonline where the economy is going
According to Alessandro Fugnoli, after the exploits of the first few months of the year, the stock market seems to be oriented towards a lateral phase "until inflation and growth send clearer signals". Here's what to do
Tesla's accounts give new impetus to American high tech after yesterday's stock market crash - The Stock Exchanges, however, do not trust the moves of the Fed and the ECB - In Piazza Affari, the spotlights are on Eni and Stm
Mixed stock markets awaiting the moves of the central banks and the results of Google and Microsoft - Piazza Affari rises - the pound rises
For now, the general agreement on energy reached yesterday in Brussels does not seem to inflame the stock markets - Snap collapses on Wall Street (-15%)
The three US economists distinguished themselves for their research on banks, financial crises and the regulation of financial markets. Their research “reduces the risk of financial crises turning into long-term depressions with severe…
THE HANDS OF THE ECONOMY OF OCTOBER 2022 - What is behind the high volatility of the markets? The recession is coming, but how long will it last? Are there any signs that monetary policy will ease up? What spaces do budgetary policies have for…
The financial markets are experiencing a real earthquake after the tightening of monetary policy by the central banks, but what effect will the sharp rise in rates have on the real economy? Saturday 8 October, the hands of Galimberti's economy will answer on FIRSTonline…
With a 100 basis point increase, the most aggressive move in the last 30 years, the Swedish Central Bank paves the way for rate hikes, which tomorrow will be followed by the Fed
Cost of money also on the rise in Europe - Euros and Spreads are also under pressure - July brings recovery for Piazza Affari but the autumn clouds evoked by Draghi loom
Despite the many unknowns, the markets are becoming convinced that, especially in America, the highest peak of inflation has been reached and that prices can now slow down
Another day of passion for the stock exchanges due to a set of factors that conspire negatively - It's the worst semester on the stock market since 1970
Exchanges always with high volatility waiting for the next moves of the central banks - Recession or not? Economists are divided - Difficult to find an agreement in Generali
INTERVIEW WITH PIERPAOLO BENIGNO, economist and professor at the University of Bern - "The USA and Europe have underestimated the impact of policies to support the economy during the pandemic and econometric models are unable to capture such large-scale impromptu shocks"
On the day of the technical deadlines (the 4 witches) the markets reduce the initial losses in the final but volatility remains high - Piazza Affari loses 0,6% and rejects the new Diasorin plan which leaves almost 11% in the field
INTERVIEW WITH GIUSEPPE MOSCARINI, professor of economics at Yale University - "The expectations of workers and businesses on inflation have changed. Central bankers have the dogma of the desired inflation at 2% but one can also live with inflation at 2,5-3%.If inflation…
Rates down before the ECB meeting and the data on US inflation: it is a sign that the markets do not think that the central banks will change the expansionary monetary policy for now - The BTP 10 is snapped up in…
The markets want to understand if there are changes, even if not immediate ones, in monetary policy - Piazza Affari remains on parity but continues to keep 26 in its sights: Mediolanum, Nexi and Cnh are the most popular stocks
In 107 years of history, the Federal Reserve has gone through several epochal changes: from the crisis of 29 at Bretton Woods, from the end of the gold standard to the revolution announced last summer by Powell
Bitcoin is now close to 24 thousand dollars, i.e. four times its value in March - But its history is full of ups and downs: how will it go this time? Here are all the keys
Signs of rising prices in the USA. Frost in the Eurozone, discounts in Asia. Commodity prices on the rise, except the oil king. Costs of labor advance slowly, almost at a standstill
There are many doomsayers around who still believe in the monetarist theory but now that money is totally dematerialized, its value depends on other variables, starting with trust. It is no coincidence that inflation expectations…
Rates are said to be low. Am I enough? Is monetizing public debt economically and morally unseemly? Exchange rates are moving in obedience to economic events. Stocks look to when the worst is over, but are they right?
Central banks are willing to support the markets in any way, even after the new fall in crude oil - The EU loosens the rules for banks - Sparks on the stock market - Bot auction today
Great maneuvers between PSA and FCA in view of the wedding of the car - Berlusconi and Bolloré cannot agree - Financial week with the spotlight on central banks
Here is the opinion of the author of the book "Libra, the gold of Facebook. How currencies will change our lives" published by Guerini and goWare
Trump shoots zero on the Fed but in Europe the sides are reversed: after Draghi, it is Lagarde who presses governments on budgetary policy and for the first time mentions the names of Germany and the Netherlands - It is…
The American President sends signals of relaxation to China on tariffs and promises a new tax cut - ECB ready to intervene against recessionary risks - Spotlight on Mediaset
Since 1994 the average annual real growth has been equal to 2,6% due to low investments and low productivity – Mexico's dependence on oil remains significant with 7% of exports, 8% of GDP and …
The good performance of the negotiations between the US and China on tariffs and the possible new monetary stimuli from the central banks against the slowdown of the economy instill optimism on the markets: Shanghai gains 3%, Wall Street is closed today, the European stock exchanges are…
While central banks around the world, led by the Fed and the ECB, prepare to raise interest rates, the excess of global inflationary dynamics represents a strong risk for a 2019 that promises to be very insidious…
From "THE RED AND THE BLACK" by ALESSANDRO FUGNOLI, Kairos strategist - The scenario for the last months of 2018 forecasts a weaker dollar and a stronger euro, US stocks rising until the elections and European stocks…
FROM MORNINGSTAR.IT - The first tightening of the ECB could arrive towards the end of the year, but the markets generally move in advance. Replicant funds can help shelter: here's how
Central banks agree that cryptocurrencies are high-risk speculative assets but none has the power to stop them because to put Bitcoin and its like out of the game, an international agreement would be needed which does not…
On 9 August 2007, the first signs of the crisis came from the subprime mortgages which the following year, with the collapse of Lehman, became systemic and infected the real economy - Central banks, by injecting liquidity, narcotized it but from the dangers of …
FROM THE BLOG THE RED AND THE BLACK OF KAIROS - In January China, oil, Isis and the banks themselves made us fear the worst but some favorable astral alignments, primarily the fact that the American economy has started to grow again, have…
