MILANO – The imminent opening of the government crisis, with the 5 Star Movement intending not to vote the trust on the aid decree, negotiations in Piazza Affari shake up: the Ftse Mib marks -2.05%. Yields on Italian government bonds soared, with lo spread which rises to 217 points in the morning, from 206 at yesterday’s closing. The 10-year BTP rate touches 3.321%.
Meanwhile, the race stronger than expected of American inflation it feeds the fears of the markets of an even more severe squeeze by central banks to counter the rise in prices, to the detriment of economic growth. The European lists are proceeding downwards: London gives up 0.78%, Frankfurt 0.69% e Paris it moves back by 0.89%. More optimism in Asia, where Chinese indices are moving in positive territory e Tokyo closed at + 0.62%.
The euro remains special after breaking through the dollar parity wall to the bottom this morning the exchange it is positioned just above the threshold, at 1.002.
Companies, who wins and who loses with the parity between the euro and the dollar
by Flavio Bini, Raffaele Ricciardi
July 13, 2022
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On the energy side, the gas partly in a slight decline despite the signals launched yesterday by Gazprom, which he hypothesized a longer stop for the north Stream 1: in Amsterdam, the reference market for Europe, natural gas trades at 176 euros per megawatt hour, down by 2% compared to yesterday’s closing. Quotes slightly down for the Petroleum. WTI futures lost 0.74% to 95.59 dollars a barrel, while Brent fell 0.52% to 99.05 dollars a barrel.
Gas, here are the three reasons that will bring the price over 200 euros
by Luca Pagni
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Euro down, just below par with the dollar
The euro is falling and remains a breath above parity with the dollar, after yesterday it fell below as it had not done since 2002, following the release of US inflation data. Now the euro is changing hands at 1.0023 against the dollar, down 0.37%. The European currency strengthens against the Japanese yen, is trading at 138.71 with a growth of + 0.36%, while it drops slightly against the pound, with an exchange rate now at 0.8452 and a minimum decline of 0.04%.
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Saipem, agreement with Aramco in Saudi Arabia
Saipem and the Saudi construction company Nasser S. Al Hajri Corporation have signed with Saudi Aramco, as part of the Namaat Industrial Investment Programs initiative, an agreement for the execution of ‘EPC onshore’ projects in Saudi Arabia by a Joint Newly established venture.
This was announced by a press release from the Italian company.
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