Faced with soaring inflation, the Federal Reserve reduces asset purchases but leaves rates unchanged until well into 2022 - Today it's the ECB's turn - Wall Street soars and Apple is close to 3 trillion capitalization -…
All eyes are on the expected Fed summit on Wednesday 15 December - According to the economist Angelo Baglioni of the Catholic University, the reduction in the purchase of securities is likely but "the real change of pace with the increase in interest rates 'intesse" will presumably arrive…
The Federal Reserve prepares the gentle change in monetary policy and does not scare the markets - China tries to put out the Evergrande fire with new liquidity - The banks push Piazza Affari
The hawks of the ECB are on the attack, but Eurotower will probably limit itself to sending a mild anti-inflation signal, slightly reducing purchases and confirming Qe until 2024 - In the US, however, the pro-tapering frond of the Fed is growing and…
Eighth consecutive rise for the global index: analysts think that the slowdown in US growth due to the Delta variant will lead the Fed not to cut asset purchases in November - European stock markets are at highs of…
American economic data worries the stock exchanges which fear the approach of the Fed tapering - The Ftse Mib in Piazza Affari is also down even if 26 resists
Inflation at the top for ten years is a weapon in the hands of the German hawks who are increasing pressure on the ECB for a slowdown in the purchase plan one week after the meeting on 9 September. Here's what can happen
In his speech at the central bankers' meeting in Jackson Hole, the Fed president remains vague about the exact timing of the tapering (September or November?) which, however, is expected within the year, while rates will remain unchanged for now - "The variant…
Great expectations for the Fed Chairman's speech at the meeting of central bankers - Powell, who is playing for confirmation, will mediate between hawks and doves on tapering - Stock markets on alert
What is and what is the purpose of the annual meeting of bankers in Jackson Hole in the US which will open in the next few hours? Here's everything you need to know
The Fed's tapering, which could start within the year, offers the markets an opportunity to take profits after the rally, but the Delta variant, geopolitical uncertainties and the Chinese squeeze are also weighing on the drop in equity markets, as well…
The Fed Chairman hinted yesterday that the central bank is on the verge of changing monetary policy and reducing purchases of securities, but the unknown factor of the Delta variant and the slowdown in China lead to prudence
The Fed's announcement not to touch rates until 2023 is not enough because the markets think that tapering will come first - Meanwhile, gold and commodities retreat sharply
Neither rate hike nor tapering ("today is premature"): the ECB does not change the expansionary monetary policy, considered essential to support the economic recovery which it expects to be even more robust in the coming months - Inflation does not scare because wages so far…
Wall Street thinks that the disappointing US jobs data lead the Fed not to reduce purchases of securities at least until December and the stock market week begins with new increases - Hackers hit New York…
According to reports from Reuters, the board of the European central bank has agreed that, at the most appropriate moment, the first step of the remodeling of quantitative easing will be a reduction in the stimulus - Possible extension of 6-9 months but with significant…
The president of the ECB postpones the decision on tapering to October but acknowledges that "the euro is too strong" and the single currency breaks through the 1,2 level in the exchange rate against the dollar - A day of realizations on the stock market: a report…
The strengthening of the euro weighs on inflation and prompts the ECB to postpone the announcement most awaited by the market: decisions on the reduction of monetary stimuli will be taken "probably in October" - Eurozone GDP revised upwards in 2017 (+ 2,2%) - "No…
No comment on US monetary policy by the head of the Federal Reserve which instead issues a warning to Donald Trump on the liberalization of financial transactions he promised to Wall Street - On the US economy: "Substantial progress" that have…
Since the beginning of the year, Italian banks have staged a mini-rally on the Stock Exchange, even doubling the performance of the Ftse Mib - The best so far is Ubi Banca thanks to the purchase of the three good banks at a symbolic price - Up…
The minutes of the June meeting confirm the prudent attitude in communicating to the market on the gradual return from the ultra-accommodating monetary policy. We wait for higher inflation to materialize before proceeding
The Fomc confirmed the cost of borrowing in the 0-0,25% range while securities purchases fell to 25 billion dollars a month - "The reduction of aid to the economy will proceed with measured steps if the outlook allows it ”…
Uncertainty today in European price lists waiting for the Fed meeting, which could speed up the tapering - In Piazza Affari Mediaset is pushed upwards by Telefonica's offer for 22% of Digital+ - At the bottom of the Ftse Mib is Mps:…
Analysts expect interest rates to remain unchanged at historic lows and prudent tapering from the Fed - Mps runs in Piazza Affari and Ubs enters Carige where Malacalza and Andrea Bonomi could also arrive - Popolari to the rescue and…
The flight from emerging markets triggered by tapering and the devaluation of the peso caused the stock exchanges of Turkey, Brazil, Mexico and Russia to collapse (also affected by the crisis in Ukraine) - India, South Africa,…
Federal Reserve Chair Janet Yellen in a US Senate hearing indicates that tapering will be moderate and that the reduction in purchases is not a predefined path - "The recovery of the US labor market is a long way…
FOREX CONCLUSIONS TODAY - The German Supreme Court in Karlsruhe, while rejecting the OMTs, recognized for the first time the superior authority of the European Court of Justice: it is a turning point that ignites hope in Europe and that can…
The polar vortex that has hit America and US industry and the tapering effect are scaring the markets: Yellen's arrival at the head of the Fed is not enough to neutralize fears - Prudence this morning in Milan: the banks are always under attack …
The collapse of currencies and the flight of capital from emerging countries depends only in part on tapering: the imbalances in external accounts and political instability are decisive, as demonstrated by the cases of Turkey and Argentina - Per Mialich of…
European stock markets were cautious in the middle of the day, including Piazza Affari, waiting for the Federal Reserve meeting, the last one with Ben Bernanke, which could lead to a further reduction in monetary stimuli - Spreads down after the excellent outcome of the Bot auction …
The US tapering causes a strong outflow of capital and the collapse of the currencies of emerging countries that were already experiencing a deterioration in their growth - The dream of infinite growth goes on file and the Brics too will have to…
After the reduction of the stimulus program decided by the Federal Reserve last December, Governor Lockhart said he was in favor of "further similar steps", given that GDP is growing between +2,5 and +3% - His…
FROM THE "RED AND BLACK" BLOG by Alessandro Fugnoli - In 2014 the tapering will take some strength away from the euro and give it back to the dollar - But rates will remain at zero everywhere - As for emerging countries, periodically…
RUSSELL INVESTMENT ANALYSIS - A bolder move was expected: a reduction of only $10 billion is a very soft measure - The first rate hike probably won't happen until the third quarter of 2015…
Great expectations for the press conference of the outgoing Fed president but the markets speculate that the tapering will not start immediately - All the stock markets show moderate progress - Prysmian's exploits in Piazza Affari, almost all the…
FROM THE "RED AND BLACK" BLOG by Alessandro FUGNOLI (KAIROS) - Only two arguments remain to postpone the tapering and not announce it next Wednesday at the doves - The first is that the recovery in the building industry is still fragile, the…
The uncertainty of the Fed's tapering unnerves the markets - Piazza Affari is no exception and closes a difficult week with a tie - Both Autogrill and Snam go against the trend with a good leap, but also good performances by Luxottica, Mediolanum…
Republicans and Democrats, during the night, reached a bipartisan agreement on the budget, the financial law of the United States: the money will come above all from the increase in airport taxes, from cuts in the pensions of federal and military employees and from the increase…
