Positive start for the main European stock markets: + 0.53% for the Ftse Mib index in Milan (at 24,566 points), in the rest of Europe today London + 0.67%, Frankfurt + 0.47%.

The markets are going through a bullish phase: + 5.04% the balance of the last week, the sixth consecutive rise.

The US inflation figure dominated last week, which was lower than expected (7.7% versus expectations of 7.9%).

Investors now expect the US Central Bank to slow the pace of rate hikes.

Based on these expectations, the euro has appreciated against the dollar (one euro is worth $ 1.033) and the yields on government bonds have fallen: that of the ten-year Italian BTP is 4.20%.

On the subject of government bonds, today a new issue of the Italian BTP starts, a bond aimed at private consumers and indexed to inflation.

Investors' eyes are on the Bali G20.

In Asia there was a mixed trend: a 1.06% drop for the Tokyo Nikkei index, after the quarterly accounts of the Vision fund of the conglomerate Softbank;

Instead, Hong Kong's Hang Seng rose by 1.78%, following rumors of a 16-point plan by the Beijing government to support the real estate market and its operators.

On the energy front, gas on Friday was back below 100 euros per megawatt hour, today it dates back: the December future is trading in Amsterdam at 102 euros (+ 4%).  

Bitcoin is also under observation: it rises above 16 thousand dollars (16,245, + 2.9%), close to the minimum in two years.

A year ago the cryptocurrency was worth over 65 thousand, while the value of all cryptocurrencies dropped from 3 thousand to around one trillion dollars.

These are the consequences of the start of the bankruptcy of FTX, the second exchange in the world, a sort of cryptocurrency exchange.

Over the weekend, it also emerged that $ 662 million in tokens mysteriously came out of FTX customer accounts on the international and US platforms.