Macro data does not help the stock markets but America is doing worse than Europe, which is also affected by the vicissitudes of Raiffeisen Bank in Russia. In the Nasdaq Nvidia always down
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…
Kamala Harris has proposed a 33% overall capital gains tax, versus Biden's promised 44,6%. Help for startups and small businesses has also been promised
After the collapse of Wall Street and the fall of the Asian stock markets, the European stock markets can only open in decline, as suggested by the future of the EuroStoxx 50 index. Commerzbank, Eni, Snam and Saipem to monitor
The U.S. automaker has asked suppliers to prepare for a double-digit increase in Model Y production at its Shanghai plant. Competition from Chinese manufacturers
European stocks are seen slightly higher, based on indications provided by futures. Attention to the defense sector after yesterday's sharp decline. New bond issue by Banco Bpm, followed by Snam and Banco Desio
President Joe Biden responded with a firm "No" to questions about whether he thought Netanyahu was doing enough to reach a deal on Gaza. His response: "Disconcerting." UK partially suspends arms supplies to Israel
CEO Pat Gelsinger and the group's top management are working on a plan that could include the sale of the programmable chip unit Altera and also the shelving of the $32 billion super factory in Germany.
Today there will be no US markets to set the pace of trading, on a holiday for Labor Day. In Asia, China is showing signs of weakness in its economy for the fourth consecutive month. Tokyo is more toned. Eyes…
It is impossible to make reliable predictions today on the outcome of the American elections in November, but one thing is certain: the vote for the White House concerns Europe very, very closely and it is time for the Old Continent to wake up. Here…
Inflation slows to 2,2% in the Eurozone, while in Italy it falls to 1,1% in August. Prices are stable in the US. Stock markets hit new records, then retrace
Nvidia is still marking time on the world markets: after having marked a decline at the close of Wall Street, the increase noted in after-hours trading is pushing up the Asian stock markets. In Japan, a sharp increase in electronics production. The…
The Latin country, which is the United States' largest trading partner, is approving a constitutional reform that would overturn the judicial system, tying it to popular consensus. Washington is skeptical: "Democracy at risk"
61 years ago, during the Cold War, the "Red Line" went into operation, a direct communication channel between the United States and the Soviet Union to prevent accidental nuclear conflict. Initially based on teleprinters, the line later evolved into…
The new version of A&F is a hit, with revenues growing double-digits across all global regions. Earnings are up 95%, and guidance for the full year 2024 is improved. The stock may have seen profit-taking after…
From the US to Asia, stocks fell, led by technology stocks after Nvidia data. Attention now shifts to tomorrow's US inflation data. European stocks are seen starting lower
All markets are awaiting Nvidia's quarterly report this evening after the stock market closes. In Asia, Sumsung shines for its agreement with General Motors. Spotlight on Great Britain for the "painful" maneuver announced by the new prime minister. The…
European markets are regaining color slightly, while Wall Street appears cautious awaiting Nvidia's results and inflation data. The dollar is weak against the euro, oil has lost momentum and gold is falling, but it remains…
Chinese stock markets are falling after Canada announced the imposition of a tariff on Chinese steel and electric cars. The decline of Tesla, Nvidia but also Boeing weighed heavily on Wall Street yesterday. In Germany index…
The so-called Big Blue, present in China with 12.000 employees, will move its research activity to other countries. Fears over the Chinese economic slowdown weigh heavily, while the arrival of artificial intelligence is influencing it
Having archived Powell's speech which confirmed the rate cut next month, despite not giving precise indications on the extent, the markets return to looking at the key sectors, while the war fronts in Ukraine and in…
American history professor Stefano Luconi talks about the women who, before Kamala, attempted to run for the White House, from the pioneer Victoria Woodhull to Hillary Clinton, defeated by a questionable electoral system despite having collected the majority…
The growth of Kamala Harris' anti-Trump candidacy, the easing of the Fed's monetary policy and the first steps towards the formation of a democratic and pro-European government in France are all good news for the financial markets which see fading…
Powell, Harris and Macron: all three could give indications today and caution can only dominate the markets. Yesterday, sales prevailed on Wall Street, especially, once again, in tech, while the financial sector resisted. La Boj…
In 1982, Fed President Paul Volcker, struggling with a US economy mired in a deep recession, was convinced to participate due to the excellent fishing practiced in his rivers. Since then, right here the greats of the planet have been doing…
The central bankers' symposium in Jackson Hole begins today, but the key session is considered tomorrow when Powell will speak. However, the markets themselves already have many elements at their disposal (from last night's Fed minutes, to the market...
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
The entire fleet of the brand new aircraft that was carrying out tests was grounded, before the delivery of the aircraft which was scheduled for 2025. Now we will need to review the agenda.
Great support from the Obama family for Kamala Harris, who previously received the full support of Hillary Clinton and Ocacio-Cortez
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…
Whoever between Trump and Harris manages to convince voters of their economic recipe will win the White House. The Democratic candidate is betting on the middle class, promising aid and relief and an all-out fight against the large companies favored by Trump
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
In Europe as in America the music is perhaps changing: the sovereignists no longer have the wind in their sails and the democrats have recovered points. And what will happen in Italy? Two crucial events will tell
Despite his openness to negotiations with Hamas, Netanyahu remains rigid on key points. Ukrainian offensive advances in Kursk while Moscow gains ground in Donbass
The convention of the US Democratic Party opens. Three presidents on stage. Harris' candidacy will be officially confirmed on Thursday, but watch out for the protests
New negotiations in Cairo in the next few days. The Doha talks concluded after two days with a bridging proposal put forward by the US which, according to the mediators, "reduces the differences" between Israel and Hamas. Biden calls the Egyptian president…
Stock market 16 August, Milan closes with a flourish (+2,21%) a week worth remembering: Mediobanca and Unicredit shine. Spreads rising
Stellantis sued by some shareholders in the United States for "false and misleading statements to the market", Reuters writes, explaining that according to the complaint - filed in federal court in Manhattan - the car giant "inflated the price of…
Negotiations resume in Doha to try to stop the war in the Gaza Strip. The objective is to reach a truce, avoid Iranian retaliation and allow aid to reach the population. To this end, the United States is pressing…
On August 53th XNUMX years ago, President Nixon announced the end of the convertibility of the dollar into gold, closing the Bretton Woods era and inaugurating a period of currency fluctuations and global economic instability that has left traces until…
Mars acquires Kellanova for $35,9 billion, including brands such as Pringles and Cheez-It, and enters the salty snacks market. With a 44% premium on the share price, the transaction, expected to close by the first half of 2025,…
The latest macro news coming from America encourages the markets even if the return to normality after the Japanese shock and the Big Tech swing has not yet been fully realized
The USA, France, Germany, Italy and the United Kingdom in a joint note ask Iran to take "a step back" to avoid an escalation with Israel, but Tehran responds: "We have the right to react." Meanwhile, Kiev has conquered 28 locations and counting…
Professor Stefano Luconi, a great expert in American history, explains the controversial reasons for choosing Waltz as the candidate for the American vice presidency. The weight of the conflict in the Middle East
Conflict in Ukraine, after the attack on a supermarket in Donetsk, Russia announces the use of a thermobaric warhead missile against Kiev's mercenaries: what the bomb is and how it works. Markets nervous about fighting near gas pipeline for…
Beyond the stock market fluctuations, the US economy belies the prophets of doom: the data deny that it is on the verge of recession. Waiting for the Fed's moves
Nixon, overwhelmed by the Watergate scandal, was the first and only US president to resign before the end of his term, four days after the start of the impeachment. He was replaced by Vice President Gerald Ford, who granted him a pardon on September 8...
The Walt Disney Company exceeded financial expectations in Q3 2024 with adjusted earnings per share of $1,39 and revenue of $23,2 billion. Disney+ reaches profitability for the first time, but in the US prices increase…
Interview with Alessandro Fugnoli, Kairos strategist. "No one knows when the market excesses will be reabsorbed. I don't think Powell intends to act with particular energy, also because the decline in rates has already begun"
The markets retreat heavily upon reopening and are preparing for a new wave of volatility for fear that a sharp slowdown in economic growth in the United States will force the Fed to take action too quickly, recovering…
The losses of the last week of the Magnificent Seven of American high tech are impressive but the majority of financial analysts are convinced that a bubble is not bursting but that we are facing a healthy correction from which Nvidia has good…
The United States is convinced that Iran will attack Israel in the coming days in retaliation for the assassination of Hamas leader Ismail Haniyeh, and is preparing to counter it. ITA suspends flights to Tel Aviv until August 6th
The European stock markets are preparing to start the last session of the week in negative territory, in the wake of the collapse that yesterday saw all the stock markets of the Old Continent as protagonists. The quarterly reports and fears of US recession weigh heavily
Alarm in the world for the consequences of the blitz that killed the leader of Hamas, Ismail Haniyeh, in Tehran. According to the 'New York Times', Khamenei ordered a direct strike against Israel. Russia, China, Türkiye and Arab countries have condemned the…
Profits grew by 10% and revenue by 15% to $64,73 billion. But Azure grows by 29% below expectations of +30%, but "will accelerate in the second half" said Amy Hood, CFO of Microsoft The…
Despite being an unknown and remaining unfavorable in the polls for now, Kamala Harris' candidacy has surprised Trump who has so far only been able to oppose her with insults. And the usual lies
Biden's endorsement is not enough for Kamala to win the candidacy for the White House as an anti-Trump. The polls, Obama and Nancy Pelosi are not betting on her and a very tough clash is opening up between the Dems: even over funding. The…
Surprisingly, American President Joe Biden announces his withdrawal from the race for the President of the United States and expresses his support for Kamala Harris as anti-Trump, which however will be decided by the Democratic Convention
Stock market July 19th, unease over Big Tech: Wall Street has already unreservedly embraced the beliefs of Vance, an isolationist who distrusts chips, here is the result on the Magnificent Seven and how much they have burned in capitalization
Peace, taxes, energy, illegal invasion, American dream and borders, with the "largest deportation in US history": these are the watchwords with which Donald Trump punctuates his long final speech at the GOP convention in Milwaukee, after accepting the nominations…
Since the beginning of July there has been a change of pace on Wall Street and investors have started to take advantage of the Tech rises to move into small and medium-sized companies. The Russell 2000 index is seen rising further
Fnac Darty has launched a takeover bid on the Italian distributor of consumer electronics and household appliances presented jointly with Ruby Equity Investment with a valuation of 12 euros per share, with a premium of 42%. Exilorluxottica has instead undertaken two new…
Russian cybersecurity company abandons American market due to bans and sanctions imposed by the United States over alleged national security threats. The ban on the products starts on September 29th but the company moves ahead and begins…
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
Vance, 39, a former marine and author of the bestseller "American Elegy", beat rivals Rubio and Burgum. The tycoon's new speech after the attack on Thursday, the announcement: it will be a softer speech, based on unity. The Republican convention approves the change on abortion.…
As always when an element of uncertainty disappears, Wall Street resumed its run after the failed attack on Trump. The influx of capital into America can cause an increase in rates in the weakest countries, starting…
Jackson Janes, senior fellow at the German Marshall Fund, an influential US think tank, speaks: "I have followed the 75th anniversary of NATO with interest. There is the impression of a stronger Atlantic Alliance, at least in terms of ambitions. The problem is 'asymmetry of…
US futures and the dollar show no signs of slowing down. Waiting for the new American quarterlies today. The Chinese economy grew less than expected. Tokyo is closed
Interview with political scientist Roberto D'Alimonte of Luiss. "The emotional wave aroused by the attack can shift even a few votes that make the difference to Trump's advantage in a key state like Pennsylvania." Even before, Biden's weakness was working in his favor...
Gunshots fired at Trump at a rally in Pennsylvania. The former President was wounded and the attacker was immediately killed by a Secret Service sniper. The events mark the presidential campaign in blood. Biden: "There is no room for this violence in America"
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…
European stock markets are all positive, still benefiting from expectations of a US rate cut in September after yesterday's inflation data. Spreads little changed. Waiting tonight for the fifth rating on Italy from Scope
The wave of sales on the US technology list should not influence the stock exchanges of the Old Continent too much. In Asia, Hong Kong real estate shines. At Piazza Affari to follow Brunello Cucinelli and Saipem
Joe Biden's rapid gaffe at the NATO summit: first he introduces Ukrainian president Volodymyr Zelensky as Vladimir Putin, then he refers to Kamala Harris as Trump. But from the stage he assures that he is determined to run for president. Interview…
For the next 11 years, ESPN, NBC and Amazon Prime will broadcast the matches. All that is missing is the approval of the team owners but the agreement risks putting an end to the historic 40-year partnership between the league and TNT Sports…
At 23.30 pm Italian time, Joe Biden will hold a press conference that is decisive for his future: he will have to convince the Americans that he is capable of carrying out a second term, without help and without a teleprompter. In the meantime, the rumors are multiplying…
The American multinational financial services company has not made sufficient progress in resolving data management issues identified in 2020. US regulators have imposed fines totaling $135,6 million and are demanding…
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…
France remains at the center of investors' concerns in the Old Continent. Moody's warning on debt-related prospects and the repeal of the pension reform. What to follow in Piazza Affari
In France, the hunt for a new prime minister and the stalemate, for now, between Macron and the left of the NFP over the formation of the government are putting the spotlight on spreads and government yields. Leonardo also goes up in Milan. The bags,…
Stock market, European stock markets remain uncertain even if they hold up quite well to the electoral shock in France which remains under special surveillance. Waiting for Powell's hearing, while Tokyo records new records driven by chip stocks
Uncertainty after the defeat of Le Pen's right and the victory of the New Popular Front: the stock markets fear instability given that at the moment France does not appear to have a majority at the helm
In an interview with ABC, Joe Biden insists: "I am the most qualified for the White House and I will beat Trump again", but half the party is pushing for withdrawal and donors are closing their wallets
On July 6, 1785, the United States Congress passed the "Dollar Act", officially adopting the dollar as the national currency. Here is the story of its origins, evolution and today's role of money as a world reserve
Lots of irons in the fire today and over the weekend when the run-offs will take place in France. Stock markets move cautiously. Futures suggest a slight rise
The bank specializing in real estate loans and mortgages has announced a surprise capital increase of 228 million dollars, with the support of an Abu Dhabi sovereign wealth fund. Fitch had already shined a light on the real estate sector…
On Wall Street, closed today for the 4th of July holidays, doubts about the stability of US banks return after the collapse of First Fondation due to its high exposure to the real estate sector
The Italian insurance giant has increased its aggregate stake in Bper Banca, an institution at the center of banking risk speculation, to 24,62% of the capital from the 19,85% previously held
The stock markets are seen taking a breather after yesterday's strong rise, in the aftermath of the French vote. Speech by the chairman of the Federal Reserve, Jerome Powell, at the Sintra symposium organized by the European Central Bank
All attention is on the markets' reaction to the French elections after Le Pen's victory in the first round. The fear is linked to the increase in public spending
After the defeat on CNN in the debate against Trump, Biden admits the difficulties but announces that he does not intend to withdraw from the race. Dem looking for a plan B: all the names in pole position. Harsh NYT editorial: "Joe, for…
Yesterday in the USA the televised confrontation between Biden and Trump left many doubts on the ground. The European stock market indices indicate a slightly rising opening, however in a climate of uncertainty awaiting the first round of elections in France
Asia is mixed, weighed down by disappointing data from Micron Tech which lost 8% on the stock market. In view of the Biden and Trump duel and the French elections, volatility is a must
Stocks linked to artificial intelligence return to highs. According to Statista, the industry grew over $184 billion in 2024, a jump of nearly $50 billion from 2023, and this staggering growth is expected to continue in…
In particular there is concern about a data center partly owned by China Mobile in California's Silicon Valley. The most fragile points of computer traffic could be the clouds
Lucchini, elected during the AmCham 2024 assembly, succeeds lawyer Luca Arnaboldi at the head of the non-profit organization affiliated with the Chamber of Commerce in Washington which aims to promote commercial relations between the USA and Italy
Wall Street closed mixed, remaining close to historic highs. In Asia, keep an eye on the developments in the tariff issue. Europe with the spotlight on the French elections
Talks on the tariff crisis between China and the EU are heating up in Asia. On Wall Street the focus is on Nvidia after last week's strong correction. In Europe, the imminence of the elections in France is central. At Piazza Affari…
The television broadcaster CNN made it known that the match will take place with strict rules given the hostility between the two contenders and the precedents of the 2020 matches and that the moderators will use all the tools at their disposal to respect…
