A crackling start for the European stock exchanges, on the day of the Fed and also awaiting the extraordinary meeting of the ECB called to discuss the recent sell-off of government bonds. In particular, the announcement of the Fed is expected today: investors are betting a sharp rise in rates, in the order of 75 basis points: this would be the largest increase since 1994 and the markets are already predicting that rates will reach 3, 75-4.0% by the end of the year. The extraordinary management of the ECB inspires confidence in the markets, after the gap between the yields of German Bunds and those of southern Europe has widened in recent days, that is, of indebted countries such as Italy. The Eurotower policymakers are determined to avoid an excessive fragmentation of the market, with a Europe that proceeds at two speeds, and for this reason today they are meeting to understand what tools are available to tackle this situation. In Milan, the Ftse Mib scores at the opening + 1.68% at 22,262.70 points while the Dax in Frankfurt at 13,456.39 points advanced by 1.14%. London is also doing well, where the Ftse 100 reaches 7,248.05 points with an increase of 0.84%) and Paris: the Cac 40 at 6,032.65 points registers + 1.37%.
European stock exchanges: rebound looking at the Fed and the ECB. Milan: +1.68 in opening
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