The reaction of the stock exchanges to the rate hike by the ECB was negative, but not too much, from 75 basis points, the highest since the Euro has existed.

After the opening of Wall Street, the Ftse Mib index in Milan recovered: from a decline of more than 1% to a slight rise, + 0.15%. 

Frankfurt is worse, -0.58%, London and Paris -0.10%, while on Wall Street the Dow Jones and Nasdaq indices are around par.

After the decision of the ECB, the euro has risen above par with the dollar, before returning to fall to 0.9950.

The BTP / Bund spread falls by 5 basis points, to 226, the yield of the ten-year BTP is 3.93%, 5 basis points more than yesterday.

"We will continue to raise rates," Christine Lagarde told a press conference.

"We believe we are far from a rate at which we hope to see inflation return to the target of 2% in the medium term".

On the energy front, on the eve of tomorrow's meeting of EU ministers, Friday 9 September, gas stopped the drop in the morning, when it dropped below 200 euros per megawatt hour.

In the middle of the afternoon it is at an altitude of 213 euros, on the values ​​of yesterday's closing.

Update 16.26