(Il Sole 24 Ore Radiocor) – The easing of the international situation around Ukraine supports the European markets, which already in the session of Tuesday 15 February caught their breath with a general return of the risk appetite. The withdrawal from the border with Ukraine of part of the Russian troops has eased tensions even if the president of the United States, Joe Biden, believes that “the Russian invasion remains a real risk”. For Russia this is a planned withdrawal at the end of a series of exercises.
Meanwhile, the publication of the quarterly and attention remains high on the moves of central banks. There is waiting for the minutes of the last meeting of the FOMC, the monetary policy committee of the Federal Reservefrom which the market hopes to find more indications to understand the extent of the first rate hike expected in March and the pace that the US central bank wants to follow to raise rates in the course of 2022.
Also the attention on the European Central Bank and what it will do to tackle inflation. Speaking to the Financial Times, Isabel Schnabel – a member of the ECB executive committee – appeared with a “hawkish” attitude, declaring that the Frankfurt institute cannot ignore an “unprecedented” rise in house prices when facing inflation estimates.
Realizations are triggered on Banco Bpm, Prysmian runs
In Piazza Affari in heavy red Banco Bpm paying the realizations after the jump recorded in the wake of the expectation that the bank could be the protagonist of the banking risk. Press rumors say that Unicredit’s proposed offer would have been shelved for the time being. Opposite sign for Prysmian taken at the head of the FTSE MIB, when Leonardo – Finmeccanica consolidated the good progress of the eve. Out of the main segment, Banca Mps did not move much, after the bank defined the rumors reported in the press about the need for a 3.5 billion euro capital increase “indiscretions that have no basis in initiatives launched”.
Tokyo rises by 2.2% with the easing of the crisis in Ukraine
The Tokyo Stock Exchange ended the session with a sharp rise with investors who returned to buy on the market after the easing of tensions between Russia and Ukraine. The Nikkei benchmark index ended the session up 2.22%, to 27,460.40 points. The broader Topix Index also did well, closing trading at 1,946.63 points, up 1.63 percent.