Attention remains high for the Middle East, but also for any clue that could suggest the next moves of the central banks. European stock markets are seen opening in decline, but keep an eye on Tim and Mediobanca
Markets are generally positive although risk appetite is crushed by renewed tensions in the Middle East. European stocks are seen rising with attention to inflation data expected to decline
Interview with Marcello Messori, economist and president of Allianz Bank: "Few governments are willing to give up sovereignty, as Draghi hopes, to strengthen Europe's role. The ESM "is a tool that could be counted on in the event of a…
European stock markets toast after Powell's words. Paris is the best square driven by luxury. Milan holds the 34 point threshold. Gold and oil shine. Spread down
Optimism reigns among European stock markets after the 50 basis point cut decided by the Fed, while the BoE decides to leave rates unchanged at 5%. In Milan Campari stands out, Leonardo and Stellantis are on the shields, utilities are down. Soaring…
It takes time to digest the decision and the words of Jerome Powell. Wall Street closed down, but Asian stock markets are up and European ones are seen opening positively
In order to react to the slowdown in the labor market, the Fed raises the Fed Funds target to 4,75-5,0%. Another half-point cut by the end of the year. Powell: "Progress on inflation, the presidential elections have nothing to do with the decision"
Having resolved the doubts of the day before, the Fed opts for the maxi cut of 50 basis points, 11 out of 12 governors voted yes
Uncertainty over the Fed's decisions on rates dominates the markets. But in Milan, the collapse of Campari due to the sudden resignation of the CEO and, on the contrary, the rise of the first telephone company but also of the banks and Saipem are causing a stir
At 20pm tonight the Fed will announce its decision on the rate cut: whether by 25 or 50 bps. The US currency that had recovered after yesterday afternoon's data, in Asia has fallen again…
It's Fed Day. Today, the U.S. central bank will announce its first rate cut in four years, but uncertainty is rising about the amount. Eyes on Powell, how will the markets react?
European stock markets close mixed ahead of central bank decisions. Apple falls on Nasdaq and drags down Stm. Unipol and Saipem on the shields
The next moves by central banks are the main topic of discussion for investors today. With the ECB's cut yesterday out of the way, the focus is now on the Fed: new bets on a 50bp cut are sending the dollar lower and…
The CEO of artificial intelligence giant Nvidia spoke of overwhelming demand for chips. The struggling Nasdaq bounced back on his words and closed up 2,1%, also influencing Asian stock markets. European stock markets are…
The slightly rising trend of US inflation rules out a 0,50% cut in Fed rates in September while tomorrow a new small cut is expected from the ECB
After the decline on Wall Street and the bad mood on Asian stock markets, European stock markets should have the strength to bounce back today. This week the ECB will pronounce itself on rates, next week it will be the Fed's turn
Key US labor market data day has arrived, which could determine the size and speed of the Fed's next rate cuts. Markets are waiting, trending lower. In Europe, eyes are on the very weak manufacturing data…
The softening of rates hinted at by Powell at Jackson Hole is liked by the market and especially by Big Tech which gives particular shine back to the Nasdaq. The European stock markets are also all up, including Milan which is among the best in the Old...
From the Jackson Hole symposium Jerome Powers confirms: "the upside risks to inflation have decreased, while the downside risks to employment have increased. The time has come to cut rates." Stocks rising sharply
Kamala Harris' acceptance speech as President of the United States at the Democratic Convention in Chicago, French President Macron's meeting with parliamentary groups to create a government and the speech of the President of the Fed...
The disappointing growth in US jobs is weighing on American stock markets which, however, are waiting for a signal from Powell at Jackson Hole for an initial rate reduction. In Milan, Saipem shares lead the rise
After eight consecutive sessions of increases, Wall Street returns to decline, while anticipation grows for the Fed's minutes this evening but above all for the Jackson Hole symposium on Friday to get indications on the Fed's next moves. To follow…
European stock markets are seen in a positive tone in the wake of Wall Street and Asia where tech stocks are shining again. The Brazilian stock market soars. The dollar weakens
The Nobel Prize winner for Economics warns that the Fed must urgently cut rates. While it might seem like an attempt to influence US elections, Krugman stresses that the cut is necessary for economic, not political, reasons
The war in the Middle East sends the price of oil skyrocketing while inflation rises in Europe. Tonight Powell will decide what to do about US rates. Milan is in the red but in Europe the Spanish stock market is doing worse... But the Nasdaq...
Based on the economic premises expressed by Trump, the next actions will be aimed at greater government spending, greater paper issuance and greater inflation. Investors are selling bonds and buying stocks
The first three banks to show data for the second quarter confirmed the good resilience, already demonstrated by the Fed's stress tests. However, traces of an uncertain climate generated by the combination of high interest rates and slowdown…
The Nasdaq and Tokyo are the best in the world, surpassing never-seen thresholds supported by technology. Key US data on inflation today, expected to slow down, which could lead the Fed to cut rates expected in September
According to sources heard by Reuters, the Fed is finally, after years of waiting and pressure, considering changing the capital ratios for systemically important banks (the GSIBs) introduced in 2015. Jp Morgan, Bofa, Goldman Sachs, Morgan Stanley among…
Powell won't cut Fed rates until inflation is fully under control. Uncertainty over the future French government sends the Paris stock market into a tailspin. Only the Nasdaq is saved in the wake of Nvidia's new leap
The president of the ECB and the president of the Fed, at the Sintra Forum, remain cautious on interest rate cuts, preferring to wait for more solid economic data before proceeding with the cut
The Fed's forecast of a single rate cut in 2024 and the EU duties on cars send the stock markets into the red, with Piazza Affari falling below 34 thousand points ballasted by the automotive sector. But Tesla flies to the USA. The…
Stock markets begin uncertainly after the Fed confirmed market expectations yesterday, extinguishing any hope of immediate rate cuts. Wall Street, however, has once again shown its muscles and is breaking new records. Apple still on the rise.…
A day of recovery for the stock markets both in Europe and in the USA after the storm of the first two days of the week and awaiting the Fed's moves. Piazza Affari is the best in Europe. Apple on Wall Street…
While waiting for the Fed and US inflation data, European stock markets are trying to put the results of the EU vote behind them. Banks are pushing Milan up, the spread is cooling, yields are falling
Banking sector stocks remain in the spotlight, after the strong correction suffered in the previous session. The European Union should postpone the start of the so-called Basel III rules for a year, so as not to penalize financial institutions…
The political earthquake that has hit France is alarming the European financial markets and the Milan stock exchange is the one that bears the brunt of it due to the size of the public debt. The Ftse Mib loses 34 thousand…
Political negotiations for the formation of the new commission begin in Brussels. The main fears are for the next elections in France. Overseas the focus is on the FOMC Fed which begins work today and will announce the decision on…
The week opens with a political earthquake and a strong disappointment in terms of monetary policies. The Fed's decision on rates is on the agenda on Wednesday
Stock markets in the red in the aftermath of the ECB, with the markets waiting for US data to understand the Fed's moves. Euro area GDP rises, DoValue takes off in Milan
The banks push Piazza Affari which becomes the best stock exchange in Europe on the day of the ECB's mini-cut in rates. Wall Street, on the other hand, is in trouble as it senses the Fed's reluctance to cut rates
The week of ECB rate cuts begins, even if the reduction will not go beyond 0,25%. Milan remains the best stock exchange in Europe after Amsterdam and disproves the old saying "Sell in May and go away". But the…
Stock markets uncertain which direction to take after the hawkish Fed and Nvidia's brilliant accounts. In Milan, utilities are in the red, outside the Ftse Mib WeBuild collapses
Fourth consecutive session in decline for Piazza Affari with European stock markets losing ground while awaiting the Fed minutes and the Nvidia quarterly. Lagarde to Esma: "We need a capital market union". Oil prices continue to fall
In Piazza Affari (+0,6%) boom for Interpump and strong progress for Tim, Terna and MPS
European stock markets fear that the ECB will slow down like the Fed in cutting rates but on Piazza Affari Mps gains over 5% in the wake of the resurgent banking risk starting from Spain
The Fed not only left rates unchanged at 23-year highs, but hinted that there will only be one rate cut this year
The Fed's interest rates remain unchanged. President Jerome Powell explained that American inflation is still too high and that the path to reducing it "is uncertain" as rate cuts now become uncertain. We will see…
After a rising opening, the stock markets put the brakes on while waiting for strong indications from the Fed and quarterly reports. Inflation rises in Spain and Germany, Milan around parity
The Israeli counterattack on Iran weighs down Asian stock markets and pushes European ones lower. Oil shoots above 90 dollars but then retreats. In Piazza Affari, eyes on Tim and Unicredit
If inflation continues to approach the objective, "it will be appropriate to reduce the current level of monetary policy restriction", the Governing Council puts it in black and white. Lagarde: "We don't commit in advance, but we decide meeting after meeting"
Data on US inflation yesterday worried the markets, dispelling expectations of a cut by the Fed. Today European stock markets are expected to show little movement. Bankers could benefit from the situation
European stock markets are seen moving positively today in anticipation of the ECB tomorrow. In Asia, Hong Kong shines thanks to the giant Alibaba. Fitch cuts China outlook
European stock markets are all down sharply awaiting US employment data. Minneapolis Fed hawk questions rate cut. Oil on the rise. There is only one investor question: it has begun...
European stock lists around parity while, in America, S&P and Nasdaq are more effervescent but once again gold is the hero of the day
Markets looking for direction after Powell's words at Stanford University. Gold hits a new record, then retraces. On Piazza Affari, Poste and Azimut stand out, Tim down despite the huge refund
Gold, oil and copper post new increases, confirming the market recovery despite logistical problems after the Taiwan earthquake - Jerome Powell is cautious about the Fed's next moves: "We're not done yet"
New record for gold, above $2.220 an ounce for the first time. Convincing increases in Amsterdam, Madrid and London, further behind Paris, Frankfurt and Milan weighed down by the negative session of the banking sector
For now, rates remain unchanged but the reduction is approaching. Will the Fed or the ECB cut first? Let's hope that the cuts do not come too late to avoid recessionary pressures
Stock markets are cautious awaiting Powell's words on rates but the time for cuts has not yet arrived either in America or in Europe even if it is getting closer. In France, luxury stocks are suffering due to the collapse of Kering...
The Fed will reveal its verdict on rates tonight. Lagarde: Data to decide on rates by June". Gucci sales estimates sink Kering (-14%), Poste in Milan in the red. Spread rising
Gold reached new all-time highs rising to $2.100 an ounce. Switzerland also buys the metal. What is behind the rally?
As expected, the US central bank left interest rates unchanged for the fourth consecutive time - Fed President Jerome Powell curbs optimism on the markets: "a cut in March is not the most likely hypothesis"
While waiting for the Fed's moves on rates, Big Tech's bad quarterly results send Nasdaq and Wall Street into the red while in Europe the Milan and Madrid stock exchanges stand out
The drop in rates will arrive sooner or later but it is not certain that the hour
Doubts about Apple's future and anxiety over the Fed's minutes on the next rate moves send the stock markets into the red while T-bond yields rise - In Milan the banks are holding up but not the securities...
The Fed is holding back the increases triggered by the expectation of an imminent rate cut. The US two-year bond slips to 3,9%. China bans iPhones for employees. Blackrock exits the Snam regasification terminal. Diasorin gives the numbers on Covid
Two-speed central banks - Sensational boom in Piazza Affari for Diasorin, which will present the new industrial plan tomorrow, and Telecom Italia after the rumors about Vivendi's moves - Banks in serious difficulty due to rating risk
During the press conference Powell did not go so far as to declare mission accomplished but implied that the increases are probably over. He also has rising openings in Asia and Europe. Today the ECB and Tim Board. Cucinelli on the shields
Today's Fed meeting is awaited but the markets' prudence indicates that no one expects any more short-term surprises on rates despite Yellen's optimism - Salvatore Rossi will not run for re-election as Tim's Presidency
At COP28, the Texan sheikhs and oilmen avoid the flop at the last minute - transition but not elimination of fossil fuels - The lack of clarity on the real trend of inflation offers the Fed a pretext not to touch rates (for now)
All the market spotlights are on the central banks' next moves - Weak stock markets today: two-speed banks on Piazza Affari
Waiting for the central banks' pronouncement on rates but in Piazza Affari the acquittal of Alessandro Profumo and Viola sends MPS into orbit while the excellent collection rewards Fineco
The bull runs on stock markets but also on bonds and gold. Milan still at the top thanks also to utilities. The approval in Washington of the temporary spending law that allows us to avoid the shutdown arrived overnight. The whole…
The Fed President does not rule out new rate increases until inflation reaches 2% but the markets are confident that he will not do so - Waiting for Fitch's verdict on Italy
Did the markets celebrate the Fed's victory over inflation in early November? But is it really like that? And what will the effects be on rates, on growth, on the stock markets? Fabrizio Galimberti and Luca Paolazzi will explain it tomorrow on FIRSTonline in the famous…
The slowdown in the US economy suggests that the turning point on interest rates is approaching. All the spotlight on Powell's speech tonight
Powell in dove version pleases the markets - The cost of money could fall in mid-2024
The stock markets are all up in view of the intervention of the President of the Fed who is expected to announce a stop in the rise in rates - Piazza Affari clearly progresses but Iveco collapses
European stock markets are flat awaiting Jerome Powell's words this evening. US employment grows in October but less than expected. Nexi goes up, new suitors arriving
The drop in inflation beyond forecasts in Europe calls monetary policy into question and now the stock markets are starting to think that the ECB could begin to reduce rates - Also watch out for the Fed
Yesterday Piazza Affari was the only European stock exchange in positive territory - Big Tech is flying but US GDP worries the Fed - High tension Mediobanca meeting tomorrow
The Fed president made it clear on Thursday in New York that there are no immediate US rate hikes in sight but he also said that inflation is still too high. China keeps lending rates unchanged. This evening…
In his podcast "On the 4th floor" the Kairos strategist, Alessandro Fugnoli, advises to "stay invested and wait for the course of monetary normalization to complete its course" but be ready to grasp the news
After the attack on the gas pipeline between Finland and Estonia, natural gas prices jumped by 13% yesterday - The Fed, however, is soft on rates - Yesterday Piazza Affari was at its highest level for 5 months but today...
The prospect of higher and longer rates in the US has sent European stock markets into the red. Cost of money unchanged also for England and Switzerland, rising in Sweden - Oil companies down in Milan, good...
Powell warns that the fight against inflation is not over and does not rule out the possibility of a Fed rate hike within the year - The dollar strengthens, the stock markets fall
In his podcast "Al 4° Piano" Kairos strategist Alessandro Fugnoli outlines a market context in which the stock correction will remain superficial and the stock markets will continue to receive positive news. What to do?
Markets waiting to understand the moves of the central banks - Exor denies the hypothesis of a sale of the Juve control package but the stock soars in Piazza Affari
After Jackson Hole and while waiting for the new meeting of the Fed and the ECB, Andrea Terzi (Cattolica) and Creel (Sciences Po) intervene on the next moves of the central banks
Traditional global weekend meeting of central bankers - It's not just China that worries them but the slow decline in inflation, the future of rates and the risk of recession
In Piazza Affari, the increase in the price of oil makes oil stocks race (Eni in the lead) but it is not enough to prevent the retreat of the Ftse Mib below the psychological threshold of 28 thousand basis points
As always, August proves to be a difficult month for the stock exchanges again this year - The Fed freezes Wall Street's optimism and a shadow bank in China ends up in the eye of the storm
The Chinese real estate giant Country Garden has suspended payments and its title is worth zero - It is much more than a default - Spotlights of the Stock Exchange on banks and Telecom
Stock exchanges open higher after the Fed verdict. The Ftse Mib exceeds 29.000. Stm over 1 billion in profits but down in Milan. Well Enel after the half-yearly
The tightening on interest rates will continue but the Stock Exchanges are not worrying too much about it: the Eurostoxx index is now one step away from the maximum and Apple's capitalization is close to 3 trillion dollars
At the center of attention is the great Sintra event, the Portuguese cartel where the major central bankers meet. Most of them still see rate hikes in July and September
Stock exchanges pass the central bank test. After the Fed, the ECB, the Bank of Japan and China, stock markets are up. The real surprise: Türkiye and Brazil, that's why
Powell warns that in 2023 the Fed will raise rates twice more and today the moves of the ECB are expected - The battle in Telecom heats up
The markets take the Fed's hike stop for granted. Piazza Affari pink jersey - Mfe stocks down on the day of Berlusconi's funeral. In London Vodafone-Hutchison agreement for the merger of the mobile telephony business
