Home » Business » Fed raises interest rates by 50 basis points: maximum rise since 2000. Borsa, Milan -1.4%, spread is close to 200

Fed raises interest rates by 50 basis points: maximum rise since 2000. Borsa, Milan -1.4%, spread is close to 200

New EU sanctions: oil and gas are running

The announcement of the new sanctions pushes up energy prices. The president of the EU Commission, Ursula von der Leyenproposed «a total import ban on all Russian oil, by sea and by pipeline, crude and refined ». The elimination will be gradual and will take place in six months for crude oil, by the end of the year for refined products. The exit of Sberbank from the Swift system is also proposed. The president said Europe is working on a major aid plan for Ukraine. They took the path of the upside after the announcement i oil pricesuphill too the price of gas which marks a + 7.6% to 107 euros per megawatt hour.

In Piazza Affari in light A2a, you build on Cnh Industrial

In Europe and on the Milanese list it is still alive the season of corporate financial statements At Piazza Affari, looking at the titles, you realize on Cnh Industrial after the rise of the eve in the wake of the accounts. Also in red Ferrariwhich changed direction several times during the session and worsened with the publication of the results of the first quarter of 2022: the quarter ended with growth figures in terms of revenues and profits, beyond analysts’ expectations and guidance for 2022 Has been confirmed.

BTP / Bund spread trend

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The spread is close to 200 points, a 10-year rate at a top since the end of 2018

Session of sales for the entire fixed income sector traded on the electronic secondary Mts. In the second part of the day, the bearish trend in prices was accentuated with the BTp Bund spread which widened further compared to the first indications. In the final, the yield differential between the ten-year Italian benchmark and the same German maturity is indicated at 198 points from 193 points this morning (190 points on the eve of the final). The fall in prices resulted in a further rise in yields. In the end, the 10-year Italian yields 2.97% from 2.95% of the start-up (2.86% of the closing on the eve of the eve) to the maximum since December 2018.

On the foreign exchange market, the euro is worth $ 1.0559 (down from $ 1.0539 yesterday) and yen 137.24 (137.00), when the dollar changes hands at yen 129.95 (129.97). As mentioned, the price of oil is running: the July delivery contract on Brent rises by 3.63% to 108.78 dollars a barrel and the one expiring in June on the WTI by 3.73% at 106.23 dollars.

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