European stock markets are rising, Wall Street is weakening due to US inflation

Uncertain opening on Wall Street. The Dow Jones fell 0.11% and the Nasdaq lost 0.16% after December PCE inflation data was released in the United States, steady at 2.6% annualized, while core data slowed to 2.9%, the smallest increase since March 2021. European stock markets, on the other hand, are performing very well after the ECB's decision not to raise interest rates: Lagarde's statements were interpreted as a concrete possibility of cutting interest rates as early as April. The European markets therefore remain very optimistic. Milan rose by 0.52%, Frankfurt by 0.21%, while Paris is at +2.30%, followed by London at +1.60%. The Ministry of Finance has announced the next issuance (from February 26) of the new six-year dual-yield BTP Valore. The spread between Italian BTPs and German federal bonds is now falling to 152 basis points. Natural gas continues its decline to $27 per megawatt hour.

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