Italian banks recorded staggering profits in 2023.We are talking about a total of 43 billion and 431 million, a record figure not only compared to the past, but also when compared to the banking systems of other European countries.The stratospheric… Read More
Italy could qualify five teams for the next Champions League.No, it is not an early April Fool's joke but one of the effects of the reform of the European Cups wanted by UEFA which will come into force starting from… Read More
Banks down, BPER at the bottom of the Ftse Mib, with a decline of 5.89%.The banking sector of Piazza Affari was heavily affected by the statement by the president of the Fed, Jerome Powell, who hypothesized three rate cuts in… Read More
The markets are about to close an eventful week, with central banks the absolute protagonists of the global economic and financial scene.Share enthusiasm for the forecast of at least 3 rate cuts by the Fed during 2024 could be dampened… Read More
Ukraine could soon join the European Union together with Moldova - this is a non-negligible detail - while Georgia has been granted candidate country status.For Bosnia-Herzeghovina, a dossier dear to Palazzo Chigi, everything was postponed until March.A historic decision that… Read More
Rates still stuck at 4.50% and reduction in PEPP reinvestments from June 2024: what does this mean for Italian debt? On the bond front, the yields of the 10-year BTP, as in the rest of Europe and the USA, are… Read More
THE FED INAUGURATES THE NEXT CYCLE OF RATE REDUCTIONS FOR ALL CENTRAL BANKS IN 2024 In unsuspecting times, at the beginning of September, I wrote an article on the progressive decline of the US 10-year yield below 4% by the… Read More
Elections 2024: it will be a fundamental year for politics - both in Italy and abroad - given the many delicate electoral events that will take place in the coming months.Not only the European elections as well as the inevitable… Read More
The ECB meeting today, 14 December, is highly anticipated: the last meeting of 2023 promises to be crucial for markets, investors and politicians in the Eurozone.After the Fed, which left rates unchanged and forecast 75 basis points of cuts in… Read More
In the 2024 Budget Law, the third IMU installment is inserted with an amendment, expiring in February 2024.An extension of the deadlines given to the Municipalities to communicate the IMU rates to be applied is foreseen for 2023 only.This could… Read More