(Il Sole 24 Ore Radiocor) – In the aftermath of a high-tension session, with Milan which came to yield 6 percentage points, and then turned upwards and closed down by 1.3%, the European indices attempted redemption, with some uncertainty. The FTSE MIB stands out, the best among the indices, and while in Europe a European bond to cope with the fallout from the crisis, on the energy and defense front. According to Bloomberg reports, the proposal could be presented after the summit in Versailles on 10 and 11 March.
Meanwhile, eyes remain on the war, with the new truce attempt to evacuate Ukrainian civilians and negotiations moving towards a fourth round. Meanwhile, the clashes continue and, during the night, Russian planes bombed several cities in central and eastern Ukraine. Tension on raw materials remains high, following the US ban on exporting oil from Russia
Oil at the top for 14 years, the gold rush continues
Oil prices hit a 14-year high, following the Biden administration’s hypothesis to impose a ban on oil exports from Russia as the war in Ukraine continues and deepens. After having slowed the pace during trading in Asia, gold returns to rise and is back above level $ 2,000 an ounce, passed for the first time since August 2020 in the session of Monday 7 March. Platinum and palladium also rose just below the all-time high of $ 3,440.76 on Monday. Silver and iron also grow. “There is not only the issue of possible new sanctions on Russia and the hypothesis of a halt to exports of Russian oil. The markets readjust, absorbing all the information, ”say City Index analysts.
In Piazza Affari, a snapshot of Tim, a leap of Rai Way
As for the securities, in Piazza Affari the Ftse Mib is mostly positive (Telecom Italia stands out on the upside, which was also stopped in the volatility auction and in the queue the declines are very contained (Diasorin, Nexi and Ferrari) Outside the main list, Rai Way’s leap should be noted, after the Prime Minister, Mario Draghi, signed the Prime Minister’s Decree authorizing the parent company to Rai to drop below 51% in the ownership structure of the company.
New record for nickel over 100 thousand dollars per ton
The price of nickel continues its run and reaches new records, climbing even if for just over 100,000 dollars per ton. Investors are worried that Russia will no longer be able to export its production. The all-time record of $ 101,365 per ton was hit shortly after 06:00 GMT, after breaking an all-time record the day before.