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
The European stock exchanges are preparing to open few moves. The rally of MediaForEurope shares continued: +13% in ordinary shares since the death of Silvio Berlusconi. Fed rate decision tonight.
The drop in American inflation invigorates the markets that bet on the Fed's stop to rate hikes and in Piazza Affari oil prices fly and the titles of the Berlusconi stable remain on the shields
The stock exchanges are looking at the next moves of the central banks and await the data on US inflation - Banks and utilities down in Milan, the titles of the Berlusconi galaxy run
At 14.30 today we will know the new data on American inflation on which US monetary policy depends but the markets are very confident - Berlusconi stable in Italy on the rise and Btp-Bund spread narrower
Sigh of Relief as House Approval of Government Debt Deal - Markets Now Betting on Fed Rates Staying
In America, the season of rate hikes seems over but the markets are not celebrating as yet another banking crisis opens: that of Pacwest Bancorp - Summit at the White House on artificial intelligence - Gold at the top
Waiting for the Fed's moves: the market expects a rise in interest rates, yes, but only by 0,25% - Unicredit and Mediobanca instead make Piazza Affari fly, the best stock exchange in Europe
The Fed discounts a new 0,25% rate hike but could announce that the game is changing and the stock exchanges are hoping for it - Two-sided inflation - Unicredit, Stellantis, Enel and Mediobanca in the spotlight on Piazza Affari
The Fed protects account holders but not the shareholders of First Republic Bank - Australia raises rates - Markets uncertain about the ECB - Tamburi buys Italian Design and launches a takeover bid to list it on the Stock Exchange
In Milan, only four active blue chips. On Wall Street, First Republic Bank drops 28%, causing fears of contagion to resurface in regional banks
The opening of the markets is cautious, the uncertainty between inflation and recession dominates after the US data and the minute Fed. An electric turn for the US car
Yellen's words on defending bank deposits give the market courage and the week closes after a thousand torments but also a clear recovery
The President of the Federal Reserve immediately cools the illusion that the crisis of Svb and other American banks could loosen the monetary tightening. Fed rates are now at 5%, the likes of which have not been seen in years
INTERVIEW WITH LORIANA PELIZZON, Ca' Foscari economist who deals with the stability of financial markets and systemic risks - "The financial system is fragile by definition and monetary policy is not an exact science" - So far "the…
Stocks moderately higher, except Milan, ahead of tonight's speech by Fed Chairman Jerome Powell - Pragmatica Lagarde
Positive stock markets awaiting the Fed's decision on rates - Credit Suisse and UBS still in the red, Italian banks on the rise - Lagarde speaks from Frankfurt
The US authorities will put the resolution of the banking crisis at the forefront as soon as possible. For rates, expectations are between a stalemate and a rise of a quarter of a point
Markets tonic in view of tomorrow's Fed summit - Piazza Affari cancels all losses due to the Credit Suisse case and becomes queen of Europe - Enria (EBA) reassures: "No zeroing of bonds in the Eurozone"
US Fed and Treasury announce that only shareholders and bondholders will pay for the crack of the Silicon Valley Bank and Goldman Sachs plans to suspend the rate hike - Bond in turmoil
The Silicon Valley Bank is the first illustrious victim of the increase in interest rates - Where did its bankruptcy come from - The danger of contagion to other banks, but the replica of the Lehman Brother case that generated the crisis…
Btp Italia beyond forecasts - Green Bond for Stellantis - It's a clash over taxes in Washington
A new tightening on US rates from 0,50% is expected. Europe's stock market is expected to open sharply lower this morning. While the dollar climbs to the highs.
The Fed Chairman speaks hawkishly and the markets immediately turn negative: according to Powell, the US economy and inflation are running faster than expected and call for a new monetary tightening
From Beijing, new signs of recovery but inflation is slowing down – Spotlight on Generali and Stellantis - Dutch deal for Prysmian, Ferragamo on the upswing
Intermonte's chief global strategist looks very carefully at some determining factors, but identifies good investment opportunities in the Stock Exchange but also in Treasury bond issues destined for retail
The fear of new rate hikes is back and Nasdaq's Big Tech is the first to suffer - Much uncertainty also on European stock markets
CDP's counter-offer for Tim's network expected over the weekend - The Chinese deny the sale of 37% of Pirelli - Bonds and the dollar fly - Doves raise their heads in the ECB
Waiting for tomorrow's data on American consumption which will make it easier to understand the trend in inflation and the foreseeable moves of the central banks - Intesa Sanpaolo goes shopping in Switzerland
"For the first time we can say that the cure for inflation is working but the job is not done yet," said Fed Chairman Powell, explaining the single quarter-point increase in US rates
While awaiting tonight's Fed decisions, the stock exchanges celebrate the best January in the last twenty years - Golden month also for BTPs - Analysts raise the targets of Italian banks
The International Monetary Fund is revising upwards the world GDP and that of Italy but the Stock Exchanges are anxiously waiting for the Fed's decisions on rates. Samsung alarm on electronics
Netflix jumps ahead after data on subscribers considered an indication of recovery in consumption. Leave founder Reed Hastings. US jobs still robust, Fed and ECB are monitoring inflation but the slowdown in the economy will be limited
The fall in American inflation in line with expectations strengthens the euro and warms up the European stock exchanges more than Wall Street - Iveco, Pirelli and Leonardo shine in Piazza Affari
Speaking in Stockholm, the president of the Federal Reserve does not enter into the merits of the next moves on rates and the markets are breathing - Euro at 7-month high against the dollar
The markets suffer from the Stockholm syndrome, from where the Fed Chairman will speak this afternoon - Piazza Affari outclasses Wall Street
Lagarde raises rates and freezes the markets by announcing, like Powell yesterday, that the monetary tightening will continue in 2023 "at a constant pace" - Quantitative tightening from March The euro rises but the Btp-Bund spread also rises
Powell shuts down the bull on the stock market because he moderates the rate hike but announces others for next year - Today it's Lagarde's turn
In view of the rate hike by the Fed today and by the ECB tomorrow, the decoupling of the stock exchanges starts: Europe slows down, Wall Street accelerates - Slight increase in the Btp-Bund spread
Today Powell announces the Fed's new rate hike but the market trusts that the tightening will be soft after the drop in inflation - Bonds and euro on the shields
US inflation slows and markets run confident that today's good news will push the Fed to loosen its grip on interest rates. In fact, the data arrived on the eve of the Federal Reserve meeting, scheduled for Wednesday…
European price lists slightly recover on the wave of Janet Yellen's forecasts - The world awaits the US announcement on nuclear fusion - Unicredit and Recordati stand out in Milan, Tim swings, Tod's falls
Stock market today: in Europe opening in red. The White House holds back on US rate hikes. Hong Kong is in sharp decline. Tod's renounces the delisting
Even the markets are practically on vacation: thin trading on the stock exchange, however, waiting for the very anxious next week for the top management of the Fed and the ECB
On the eve of important appointments of the central banks, the President of the ECB warns of the persistent risks for financial stability and the European stock exchanges veer towards parity or downwards - The new data on subsidies…
The recovery beyond expectations of the American economy raises fears of a new Fed tightening on interest rates and puts fear on the stock exchanges on both sides of the ocean
"The time has come to slow down the pace of interest rate growth" says the Fed President who surprises the markets: Wall Street flies and the dollar falls while bonds run - The BTP beats everyone - Unknown Tim…