The main ones European stock exchanges they try to rebound after the heavy decline recorded in yesterday’s session when Piazza Affari ended trading down by almost 4%.
In the early stages of trading the index Ftse Eb marks an increase of 0.5% while in Frankfurt the Dax is up by 0.54%.
The European indices currently seem to ignore the negative trend of the Asian lists.This morning the Asian lists closed their trading in red despite yesterday in the final session at New York the main indices managed to finish trading in positive ground after losing more than 2% during the day. The US indices are brought to important technical levels that could question the upward trend that started in March 2020 after the first wave of Covid.
Investors worried yesterday growing tensions between Russia and Ukraine. Last night, in a summit of the main NATO countriesUS President Biden said he was ready to deploy new troops in Eastern European countries to dissuade any attempt by Russia to invade Kiev.
Quirinale elections, the name of Tremonti appears
In Italy the elections of the President of the Republic after the black smoke on the first day of voting in which the white ballots prevailed. The joint session in the Chamber will resume this afternoon at 3 pm. An agreement has not yet been found between the parties towards a shortlist of candidates on which to converge. In the morning, the leaders of the center-right should indicate a series of names welcome to the coalition from which to choose the successor of Sergio Mattarella.
Among the names that have been circulating insistently in recent days there is also that of the former minister of the economy Giulio Tremonti, an economist who is familiar with the complex mechanisms of Brussels and is appreciated by the markets. An expert in economic issues capable of continuing Draghi’s work also on the recovery plan necessary to guarantee Italy the financing of investments in digital and green and favor the recovery of the economic situation in the coming years after 20 years of stagnation.
The Btp / Bund spreads, market thermometer in these moments, it reached 140 points this morning, slightly higher than the values recorded last week.
Fed meeting tomorrow
The Fed meeting on Wednesday, from which indications should emerge for a possible increase in US interest rates starting from the March meeting, given the jump in US inflation to 7% from the highs of the last 40 years.
According to consensus of analysts are expected at least 4 rate hikes in the course of 2022.