Markets await the Federal Reserve's verdict.

The US central bank will say how much interest rates will rise tomorrow.

The forecasts speak of a further increase of 0.75%, but there are also those who imagine a + 1%.

Objective: to fight inflation at its peak for forty years, even at the cost of sending the economy into recession.

In this climate, however, European stock exchanges opened higher, in the wake of Wall Street last night and the Asian markets at the start of the day.

Milan rose by 0.89%, in line with Frankfurt and Paris, while London, after yesterday's closing for Elizabeth II's funeral, grew by over one percentage point.

On the raw materials front, the drop in the price of gas continues.

There are many factors that lead some analysts to believe that the price peak has been reached.

At 172.75 euros per megawatt hour, gas returned to the levels of two months ago after the record of 348 euros on 26 August.

The imminent rate hike in the US is also pushing the yield on government bonds.

The ten-year BTP rises to 4.7%, while the spread with German Bunds remains stable at 225 basis points.