Stock Market Performance Analysis: Focus on Fed President Speech and ECB Meeting, Bitcoin Folds

Finance Of Laura Bonadies e Chiara Di Cristofaro Investors are looking to the speech that the Fed president will give to the US Congress in the afternoon, while attention remains high in view of the ECB meeting. Piazza Affari supported by banks and energy companies, differential between BTp and Bund at 138 basis points. Bitcoin … Read more

European Stock Exchanges Soar as US Markets Gain Ground

2′ reading (Il Sole 24 Ore Radiocor) – Le European stock exchanges started off on the right foot in the first session of March, in the wake of the records set on Thursday by Wall Street and the new highs in Tokyo. US stock markets gained ground after “core” PCE inflation fell to 2.8% in … Read more

US and European Inflation Data Revealed – Markets React, Euro Above 1.08 Dollars, Oil Drops

Finance Of Stefania Arcudi e Giorgia Colucci From a central bank perspective, data on US inflation will be published on February 29th and European inflation on March 1st. The Euro remains above 1.08 dollars. Oil drops 2′ reading (Il Sole 24 Ore Radiocor) – Le European stock exchanges they are moving in the name of … Read more

Tokyo Slows Down: European Stock Markets in Negative Territory

Finance by Stefania Blasioli and Chiara Di Cristofaro Tokyo interrupts the positive series 3′ reading (Il Sole 24 Ore Radiocor) – European stock markets are moving into negative territory following a lackluster session which saw trading on Wall Street halted for the Martin Luther King Day holiday. The Davos International Forum continues, which will end … Read more

European Markets Extend Positive Streak: Euro Remains Close to 1.1 Dollars, Oil Prices Rising Due to Red Sea Tensions

Finance Of Stefania Blasioli e Giorgia Colucci European markets are preparing to extend their positive streak. Euro still close to 1.1 dollars. Oil is rising due to tensions in the Red Sea. The gas runs. Spread close to 160 points 2′ reading (Il Sole 24 Ore Radiocor) – In the aftermath of a session of … Read more

European Stock Markets Rise After ECB’s Decision on Rates; Euro at 1.1 Dollars, China Industrial Production Up 6.6% – Finance News by Stefania Arcudi and Chiara Di Michele

European Stock Markets Rise After ECB’s Decision on Rates; Euro at 1.1 Dollars, China Industrial Production Up 6.6% – Finance News by Stefania Arcudi and Chiara Di Michele

Finance Of Stefania Arcudi e Chiara Di Michele In China industrial production +6.6% in November. Real estate companies are toasting the news that Beijing and Shanghai have eased restrictions on home purchases. Europe is rising after the ECB’s decision on rates. Euro touches 1.1 dollars, spread stable 3′ reading (Il Sole 24 Ore Radiocor) – … Read more

Fitch Confirms Italy’s ‘BBB’ Rating with Stable Outlook: Analysis and Implications for Economy and Markets

Italia The stable outlook reflects Fitch’s projection of «a stabilization of public debt/GDP in the final years of our forecasts, close to the end-2022 level 2′ reading Fitch confirms Italy’s ‘BBB’ rating with stable outlook. This is what we read in a note. «Italy’s rating – states the agency – is supported by its large, … Read more

The Effects of Russia’s Black Sea Grain Deal Withdrawal on Ukrainian Grain Exports and EU Import Bans

The Effects of Russia’s Black Sea Grain Deal Withdrawal on Ukrainian Grain Exports and EU Import Bans

BUCHAREST/WARSAW (Reuters) – Russia in July pulled out of a year-old agreement to safely export Ukrainian grain through Black Sea ports. Since then, Ukraine has relied entirely on alternative routes through the European Union. In July, Russia withdrew from a year-old deal that allowed Ukrainian grain to be safely exported through Black Sea ports. Ukraine … Read more

Tesla’s China EV Sales Drop 31% in July, BYD Gains Ground

Tesla’s China EV Sales Drop 31% in July, BYD Gains Ground

According to data released by the China Passenger Car Association (CPCA) on the 3rd, US electric vehicle (EV) giant Tesla sold 64,285 new EVs made in China in July, down 31% from the previous month. Photo taken in January 2021 (2023 REUTERS/Tingshu Wang/File Photo) BEIJING/SHANGHAI (Reuters) – U.S. electric vehicle giant Tesla’s sales of new … Read more

European Central Bank Data Reveals Eurozone Surplus in Trade and Current Transactions

European Central Bank Data Reveals Eurozone Surplus in Trade and Current Transactions

Data from the European Central Bank showed, on Thursday, that “the surplus in current transactions for the euro area increased in May, with an increase in the surplus in trade in goods and services.” On the basis of adjusted data, the euro zone, which includes 20 countries, recorded a surplus of 9.1 billion euros, compared … Read more