The massive intervention of approximately $90 billion in the yen coordinated by the United States and Japan reignites the conflict between central banks and markets: Tokyo can buy time and adjust expectations, but it can't overturn economic fundamentals. The carry…
Trump wanted to create a $250 bill and put his face on it. An 1866 law prevented him from doing so.
European stock markets closed weakly in the first session of July after a six-month rally. Milan fell 0,15% to 51.604 points, with Nexi and defense firms performing well, while energy and tech fell. Follow the LIVE coverage.
It's time for profit-taking after stock markets closed out a memorable quarter and half-year. The central theme today will be the trajectory of interest rates, inflation, and economic growth after the devastation wrought by the war...
The precious metal is particularly affected by the strength of the U.S. dollar and growing expectations that the Federal Reserve will maintain its restrictive stance. Silver is also down, falling below $60 an ounce yesterday.
Oil prices below $100 and the dollar-euro exchange rate are the real stars of the day, with mixed effects on the stock markets. In Milan, Campari's plunge and the decline in energy stocks are notable, while TIM is shining…
After leading gold's sharp rise until January, when it reached an all-time high of $5.600, central banks had begun to reap the benefits. But China's purchases, taking advantage of the decline in...
The greenback lost nearly 10% last year due to Trump's broadsides against his trading partners by imposing tariffs and against Jerome Powell by threatening the independence of the Fed. Beware of central bank reserves
Even with Wednesday's rebound, gold has lost a quarter of its value, and the environment remains intact. For the metal to regain its role as a safe haven, now replaced by the dollar, it would require a significant impact on...
The heightened rhetoric between Washington and Tehran triggers sell-offs on stock markets and government bonds, with yields rising sharply. In Asia, electronics, banks, and semiconductors are doing well. European stocks opened in deep red. At the Milan Stock Exchange, attention is on Poste Italiane,…
The coincidence of so many monetary policy meetings concentrated this week has left a unanimous message: we must combat impending inflation with interest rates, while focusing on economic growth. The Fed ultimately emerged as…
This week's agenda includes monetary policy meetings by the Federal Reserve, the Bank of Japan, the European Central Bank, and the Bank of England, as well as the Reserve Bank of Australia, the only bank likely to raise rates. Asia, which was mixed this morning, is seeking stabilization.
ECONOMIC HANDS FOR MARCH 2026 – What will be the effects of the war on economies? And on oil and gas prices? Will an inflationary spiral begin? Will the ECB and the Fed keep rates on hold? Why have Italian government bond spreads widened?
After an initial rebound attempt, all markets are now in the red, with Brent rising to around $100. Gold and silver are losing ground, while the dollar continues to strengthen, pushing the euro exchange rate to 1,14. Cryptocurrency...
US GDP fell short of expectations in the fourth quarter, inflation in line with expectations. Gas prices also fell - Follow the LIVE broadcast.
Everything is being sold off, from stocks to government bonds. Only the dollar and a few energy stocks are surviving, while concerns about the credit sector are confirmed. The outlook for interest rates is changing. European stock markets saw a…
Having abandoned the illusion that the Middle East conflict can be resolved quickly, investors are selling everything: stocks, precious metals, and government bonds. Only the dollar is safe. European stock markets are expected to open lower. At the Milan Stock Exchange...
This week, with US-Iran tensions, assets considered safe havens during recent crises have lost their role. Why? And what should we invest in?
Europe widened its losses during the last session of the week with Milan moving into negative territory on fears of military escalation in the Middle East: oil and gas accelerated the rally despite Trump's exemption to India on Russian black gold.
While Wall Street rallied at the end yesterday, the sell-off spread across all stock markets. Asia is in the red. The worst performer is the Korean Kospi index (-6%). The exception is Singapore. European stocks saw another sharp decline at the open. At Piazza...
In Milan, the spotlight is on Enel, which presents its $53 billion plan for 2028. Bitcoin slips below $65.000, while gold soars above $5.200 - Follow the LIVE broadcast.
Trump's countermoves on tariffs, after the Supreme Court struck down his measure nearly a year ago, are causing turmoil among trading partners. India and China could benefit. European stock markets are seen opening lower. A…
Strong US employment data dampened expectations of Fed rate cuts in the near term. The dollar strengthens, holding gold back. European stocks are expected to open with a rebound. At the Milan Stock Exchange, Ferrari and Iveco are all eyes.
The dollar is languishing near four-year lows, and its renewed weakness is drawing the attention of central banks, investors and even the White House.
European stock markets closed in the green after Trump's decision to nominate Kevin Warsh to lead the Federal Reserve. Who's rising and who's falling on the Milan Stock Exchange? Follow the LIVE coverage.
Double record for the S&P and gold: the US stock index, boosted by high-tech, hits $7 while the precious metal nearly hits $5.300 an ounce. The US dollar plummets. All eyes are on the Fed. Deutsche Bank is reeling from the storm...
Trump's words fueled speculation that the dollar was beginning a long-term decline, with implications for U.S. debt. ECB officials are monitoring the single currency.
Yesterday, Trump appeared completely indifferent to the dollar's lows of more than four years, which prompted further sell-offs that stabilized this morning. Asian stocks rose, boosted by artificial intelligence-related stocks, with…
Confindustria's flash economic report focuses on the surge in gold: the effects of the "mistrust" in the US have triggered sell-offs in US government bonds, causing Treasuries to rise. Meanwhile, on global markets, the surge in raw materials is driving...
The Tokyo stock market is weighed down by the yen's surge, while traders see the possibility of a joint U.S.-Japan intervention in the currency market, the first in 15 years. After Greenland, Trump's axe now points to Canada. Stock markets...
European stock markets (except Frankfurt) are selling off again, with questions still being raised about the damage President Trump's aggressive and volatile stance has inflicted on transatlantic ties and corporate confidence. Follow the LIVE feed.
The surge in major precious metals dwarfs the gains in stock indices. Central banks fear the existence of a bubble, but many analysts believe otherwise. Copper, widely used in the energy, construction, and manufacturing sectors, rose 40%,…
Wall Street is betting on better corporate profits after the GDP data beat expectations. Meanwhile, the passion for technology stocks is returning. But the real boom is in commodities. European stock markets are closed for the holidays...
In anticipation of the ECB meeting, the Milan Stock Exchange is proving to be the best-performing in Europe, surpassing the psychological threshold of 44 points. Italian banks are galloping. Wall Street starts strong but then retraces. Gold and silver...
ECONOMIC TIMETABLES FOR DECEMBER 2025 – What explains the continued rise in long-term rates? Are yield curves normalizing? Have key interest rates stopped decreasing? Will the signs of recovery in the European economy be confirmed? After the "statistical gloom"...
Wall Street closed at par yesterday, driven by the opposing performances of Amazon and Meta. But the bulls appear to be in control, ready to pounce if the Christmas rally kicks off: attention is on the Russell 2000 and others...
Wall Street's S&P 500 index is headed for a monthly decline of 0,4%, and the Asia Pacific ex-Japan index is ending November with a negative balance of 3,3%. Meanwhile, European stocks are poised for a fifth consecutive month...
Trading was subdued today due to the continuation of the Thanksgiving holiday, albeit only for half a session, and due to technical issues on the CME Group platform. Asian stocks are poised for weekly gains, but are falling sharply...
While we await a Fed rate cut, other central banks around the world seem to have exhausted their accommodative policy ammo and are masquerading as hawks. Market participants are looking further ahead and see no chance of…
Wall Street will be closed today for Thanksgiving, kicking off the holiday shopping season: consumer spending accounts for about three-quarters of US GDP. Airlines are reporting significant travel. The stock markets are experiencing a renewed appetite for technology. In…
The ECB also flagged the risks posed by overvaluations or high public debt. All European banks immediately responded with declines, only to later return to positive territory. These included, on the Milan Stock Exchange, Intesa Sanpaolo and UniCredit.
For now, fears of a tech bubble are easing, and European markets are closing in the green. Wall Street is also rising, and the dollar is strengthening. Follow the LIVE broadcast.
On Sunday, October 26, the Argentine president, in the midst of a crisis of consensus, is risking everything in the legislative elections, looming over him with the peso's devaluation and a new financial disaster. The agreement with Washington has brought relief, but the White House warns:…
Interview with Luca Garavoglia, Chairman of Campari, who plans to move his headquarters to Milan and who will present his updated strategy during his Capital Market Day on November 6th and 7th following the…
ECONOMIC HANDS FOR OCTOBER 2025 – France is too big to fail, but how much will it hurt the Eurozone? Will the ECB factor the French crisis into its late-October decisions? What's happening to the US economy after the shutdown?
The strengthening of the dollar, reaching a two-month high, is the most notable development on financial markets following the Gaza peace agreement. Oil, however, is falling, and gold is taking a break. Silver, however, continues to rally...
Hedge funds expect the euro and yen to weaken against the dollar due to political turmoil in France and Japan. Wall Street marks three years of gains on Sunday, a milestone that historically paves the way for further gains.
Gold saw a staggering 50% gain in 2025, its strongest annual rise since 1979, adding to a 27% surge in 2024 and a 13% increase in 2023. Silver and platinum are also rising.…
There are several reasons behind the new rise in bitcoin and gold, including the US shutdown, strong institutional demand and the weakness of the US dollar.
Gold hit a new record on Tuesday, but some expect further gains, not just in the short term. However, analysts aren't ruling out a strong correction along the way before the rally resumes. But what are the reasons for all this momentum? And…
A fiery autumn for the economy amid shaky US employment, the French crisis, inflation, tariffs, and moves by the ECB and the Fed. Tomorrow on FIRSTonline, Galimberti and Paolazzi's economics columns analyze these scenarios and structural trends, from AI to European rearmament.
Gold's renewed rally isn't just driven by the expectation of a rate cut that would reduce the dollar's price. It's also driven by concerns eroding confidence in US assets, pushing investors toward more…
The stablecoin market is growing and attracting increasing attention, driven by innovation and regulation. But their strength depends on a delicate balance: trust, real reserves, and the role of the dollar in the world. And it's no coincidence that the EU is...
Record sales for Ray-Ban Meta. Milleri: "Eyewear will be the new technology platform." The EMEA and Asia-Pacific regions proved crucial, with double-digit growth in some European markets.
Congress's approval of the federal law regulating the issuance of stablecoins has been described by Trump as "a revolution," but according to many analysts the dangers that lie behind this law are innumerable.
Since 1913, no one has fired a Fed chairman. Now Trump is taking a chance on Powell, using what many see as a pretext. But the market reaction could be very harsh, says JP Morgan's chairman.
ECONOMIC HANDS FOR JULY 2025 – Is the dollar's weakness cyclical or structural? Will Trump's latest "penultimatums" on tariffs really bite? And what disruptions will tariffs bring to supply chains? The American labor market is…
According to Alessandro Fugnoli, strategist at Kairos Partners, the dollar smile theory explains how the currency is strong during crises or when the US economy is growing faster than the rest of the world, and tends to weaken during periods of slowdown.
Stocks and bonds, dollar and duties, growth and inflation: these are the questions on the table and on Saturday 12 July, Fabrizio Galimberti and Luca Paolazzi's Lancette dell'economia will answer the main questions.
Europe rises, Wall Street falls in a two-faced stock market day. Frankfurt and Piazza Affari lead the rise in the Old Continent's stock markets while America ends up in the red, weighed down above all by Tesla and Trump's new moves...
Interview with Professor Giovanni Tria, former Minister of Economy, on the dollar crisis and the flight of international investors who for years have considered it a safe haven: "Trump's moves have sown serious doubts on the markets about the solvency of the debt…
The dollar is feeling the effects of rising expectations for a US rate cut as early as September. Some analysts say the greenback is on track for its biggest first-half decline since the early 70s. The president of the…
On the trade front, the US has reached an agreement with China on how to speed up shipments of rare earths to the US. Today, eyes on the key US inflation data that could shape the Fed's rate decision.…
NATO's 5% military spending increase boosts European defense stocks - Rheinmetall and Leonardo lead the way - while the American S&P index hits new records and Nvidia confirms its position as the most valuable company in…
The euro rises to 4-year highs. Nvidia shines again on Wall Street. European stock markets seen opening slightly higher. At Piazza Affari, eyes on Leonardo and Banca Mediolanum on Mediobanca
ECONOMIC HANDS FOR JUNE 2025 – Will the Italian economy stumble over tariffs? What structural factors are working in Italy’s favor? Will the PNRR push continue? Will the U.S. economy be damaged by anti-deportation riots? Will tariff negotiations lead to…
Markets nervous due to uncertainties over duties, the weakness of the dollar, the fall in airline stocks after the tragedy in India and tensions over oil. Defense stocks recover instead. Piazza Affari slips below 40…
Trump's policy swings only weaken the greenback against other major currencies, benefiting the euro. European stock markets expected to move little. Spotlight on cars and banking risk. Btp Italia offers begin
In a session with the United States absent for holidays, European stock markets are the best, according to futures. Btp Italia returns
The dollar has lost about 8% against the euro in the first months of 2025, hit by a sell-off in US stocks and political uncertainty related to Trump. What is really going on?
Investors are worried that Trump's fiscal package being discussed in Congress could push US debt to unsustainable levels. European stock markets expected to open lower. At Piazza Affari, eyes on Generali and Unicredit
Oil prices jumped more than 1% after reports that Israel was preparing to attack Iran's nuclear facilities. Dollar and U.S. Treasury yields rose to near-zero levels.
The dollar has lost ground against several Asian currencies over the past week, starting with the Taiwan dollar, then the Hong Kong dollar and the Malaysian dollar. Observers are speculating on currency revaluations to obtain trade concessions from the United States.…
Piazza Affari is the queen of the European stock exchange thanks to the bank-insurance risk that is pushing up the sector's stocks. Wall Street is volatile. The Euro is increasingly strong against the dollar
Duties, inflation, growth, rates, currencies, gold, stock exchanges and much more: the "Lancette dell'economia" by Fabrizio Galimberti and Luca Paolazzi will explain on Saturday 10 May on "FIRSTonline" how things are going
Europe rises and looks with optimism to possible clearings on the tariff front after the US-UK agreement. The Fed does not cut rates, the BoE does. In Milan a rain of quarterly reports – Follow the LIVE
Asian stock markets are buoyant after returning from Golden Week celebrations. Investors are hoping for a thaw between the US, China and India. European stock markets are seen opening little changed. At Piazza Affari, Intesa Sanpaolo and Banco…
With the closure of most of the Asian markets, the decline of the dollar and oil stands out. The European stock markets are seen opening at parity. At Piazza Affari, eyes on the banking risk, Leonardo, Saipem
Between the chaos of internal politics and the trade challenge with China and the EU, Trump faces the first quarter with little popular consensus and an economy still in the balance
Despite the uncertainties on duties and the Trump-Powell clash, the American stock markets bounce back and help the recovery of the European lists. The dividend effect weighs on Piazza Affari but the Ftse Mib is close to parity. Gold soars, the dollar slides again
Gold and euro in great shape as stock markets experience another swing session on both Wall Street and Europe at the end of a heart-stopping week for financial markets around the world
Supporting the euro are prospects of a recovery driven by new spending projects in Germany, while a weak currency would have eased export costs. Instead, recession fears are weighing on the greenback. So the forecast is for…
The effect of tariffs on the markets is disastrous. The Nasdaq loses more than 5% while the euro recovers 2,5% against the dollar. The European stock markets are also doing badly, including Piazza Affari, which leaves more than 3% on the ground. Apple loses 200 million dollars for…
Gold is the real winner in the trade war unleashed by Trump and has dragged silver, platinum and palladium with it. Supporting the rally, in addition to the refuge from gloomy economic horizons, are also bets on a cut in…
ECONOMIC HANDS FOR MARCH 2025 – Fear and uncertainty undermine the American economy: will it lead to recession? Is the trade war similar to the one in the XNUMXs? Are the risks for the European economy to the downside or upside? Deflation…
European stocks are set to open lower as investors await enlightenment from political leaders who are trying to hammer out a peace plan for Ukraine
Trump's new Treasury Secretary, Scott Bessent, said: "We will monetize the asset side of the U.S. balance sheet over the next 12 months." That could mean putting U.S. gold reserves that still have gold in them into money.
Gold has always been considered a safe haven. And it could be if Trump's tariffs spark inflation. But the real news is the hunt for physical gold and the subsequent construction of dedicated vaults. Here's why
As Trump's tariffs on steel and aluminum, exempting Australia, are defined, markets remain cautious and take refuge in gold and the dollar. European stock markets seen opening little moved. Eyes on Unicredit and Kering
International stock markets show relief rallies: tariffs are less scary and companies are looking at profits. Today on the agenda Amazon. China sets a stronger-than-expected average yuan exchange rate Yields of…
Futures are all in the red this morning, both on the Nasdaq and on European stock exchanges. Alphabet's accounts were not liked and the stock collapsed in the afterhours. Keep an eye on Fincantieri's mega-order
This weekend Trump promised to start imposing tariffs, starting with Mexico and Canada. But then there would be the BRICS, China and Europe. But the decision could backfire on the tycoon. Tensions are high…
The tech sector is shaken: the Chinese rival of DeepSeet's artificial intelligence has arrived. Cold shower also on Bitcoin after Musk's announcement of blockchain technology. Uproar on the currency markets after Trump's move on Columbia. The European stock markets…
Monday will see the inauguration of the new US president, which will be a holiday on Wall Street: there is enough time to sit back and wait for events. European stock markets seen little movement
Expectations of a still accommodating Fed and strong data from the big US banks were the main stimuli for the great upward movement on the stock markets: from the US to Asia and probably also in Europe this morning.
The combination of US inflation in line with expectations and the boom in profits of American banks gives a boost to the stock markets on both sides of the ocean while the dollar weakens. At Piazza Affari Iveco soars and Saipem falls
Friday's strong U.S. labor market data dampened expectations of further Fed rate cuts, sparking a surge in U.S. Treasury yields and overshadowing stock markets from the U.S. to Asia to Europe. Now…
European stock markets close the first session of the week with a strong increase, supported by solid PMI data for services in the eurozone and a rally in tech stocks. In Milan, Stm and Amplifon stand out – FOLLOW THE LIVE RELEASE
The group of former emerging countries, which now represents 37% of global GDP, will use a new currency, the BRICS, to avoid Western sanctions. In 2025, the rotating presidency will be held by Lula's Brazil, which has just hosted the…
Euro increasingly down and dollar increasingly up and the stock markets are going at two speeds: America is doing well and Europe is doing badly, especially France due to the luxury market downturn. At Piazza Affari Stellantis, Campari and Moncler are collapsing while…
