
AI-generated summary
Investors await the ECB's decisions on interest rates. Diplomatic efforts are underway in the Middle East to avoid military escalations.
The European stock markets are moving mixed, with Frankfurt (+1.07%) and Paris (+1%) lengthening their pace, waiting for the ECB. The expectation is that Eurotower will leave rates unchanged, as already decided by the Fed. Milan (-0.22%) and Madrid (-0.5%) continue negative.
The Old Continent area index rises by more than half a percentage point, dragged by stocks related to energy and pharmaceuticals while technological stocks are weak with futures on Wall Street falling. And oil continues to decline with WTI losing 1.24% to 101.5 dollars and Brent leaving 1.14% on the ground at 114 dollars a barrel.
The price of gas dropped 2.9% to 97.8 euros per megawatt hour.
Investors are weighing new diplomatic efforts in the Middle East to avert a potential resumption of US attacks on Iran.
The spread between BTPs and Bunds remains in the area of 115 basis points with yields reversing course and rising. The Italian ten-year is at 4.53%, the French Oat is at 4.92% and the German ten-year at 3.38%.
Finally, in terms of exchange rates, the euro remains weak against the dollar with the single currency changing hands at 1.1139 against the greenback.

Christine Lagarde has announced her resignation from the presidency of the ECB, effective from 7 February 2027. The decision, communicated by the President of the European Council Antonio Costa, opens the succession race for the leadership of the Frankfurt institution.

The ECB is keeping interest rates unchanged, with the deposit rate at 2.50%, in a context of energy uncertainty and political crisis in France. Christine Lagarde announces her resignation for February 2027. The Fed also confirms rates in the USA.

The European Central Bank has decided to keep interest rates unchanged, with the deposit rate remaining at 2.50%. The decision, awaited by the markets, reflects a line of stability despite persistent concerns about inflation and energy costs.

The European Central Bank confirmed interest rates at current levels: 2.50% on deposits, 2.65% on refinancing and 2.90% on marginal loans. The widely expected decision reflects the current stability of underlying inflation.

The European Central Bank keeps interest rates unchanged, confirming the deposit rate at 2.50%. The decision, in line with market expectations, reflects a data-driven approach in a context of high economic uncertainty.

Italgas closed the first nine months of the year with revenues of 1.98 billion (+10.1%) and a net profit of 585.5 million (+18.3%). Investments reach a record 1.1 billion, driven by the development of renewable gas networks.