Putin’s moves sink the Moscow Stock Exchange. Oil and gas run – Economy

The mobilization of Russian reservists and the threatening tones of President Vladimir Putin cause gas prices to rise on the Amsterdam market: the price of TTF futures have risen above 200 euros per megawatt hour and are trading on the highs of the session, with a rise of 9.1 % to 212 euros.

New collapse of the Moscow Stock Exchange after Putin’s words on the partial mobilization of the country and the promise that he will use all means to defend the country. The Moex index, which yesterday lost 8.8%, today plunged to a maximum of 9.6% at the start of trading and then recovered some ground and limited losses to 5.4%.

The price of oil soars with WTI and Brent rising by about 3%, respectively, to 86.4 to 93.4 dollars a barrel. The speech of the Russian president, Vladimir Putin, which marked an escalation in the war in Ukraine, with the risk of new turbulence on global energy supplies, has caused the prices of crude to skyrocket.

Piazza Affari tries to shake off worries about the Fed and the escalation in the war in Ukraine, with the Ftse Mib increasing by 0.8% after four sessions in decline. Leading the list are Leonardo, which runs (+ 5.5%) in the wake of the winds of war, Tenaris (+ 4.2%) and Eni (+ 3%), supported by the rise in oil prices. Tim also did well (+ 2.7%), with the move by Iliad’s owner, Xavier Niel, who took over 2.5% of Vodafone, which rekindles the spotlight on the risk of telecommunications. In light also Unicredit (+ 2.1%), which announced the start of the second tranche of the buy-back, and Terna (+ 2%), well set up like all utilities after the bailout of Uniper by the German government. Among bankers, purchases on Banco Bpm (+ 1.6%) and Mediobanca (+ 1.1%). Pirelli and Saipem are weak (-1.1%), Hera (-0.9%), Diasorin (-0.8%) are weak, while Mps reduces the heavy drops in start-up to 1.3%. Ovs flies out of the Ftse Mib (+ 15%) after a better than expected half-year.

On the other hand, the euro is bad, which discounts the strength of the dollar, with which it trades at 0.99, and the escalation in Ukraine, with the associated risks for the economy of the Old Continent. On the other hand, government bond yields fell with the BTP falling by 6 points to 4.11% while the spread with the bund is essentially unchanged at 226 basis points. In Piazza Affari runs Leonardo (+ 6.2%) with Tenaris (+ 3.2%), Unicredit (+ 2.5%) and Tim (+ 2.7%) while Mps (-3.6%) are struggling, Moncler (-1%) and Recordati (-1%).

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Videogames entered his life in the late '80s, at the time of the first meeting with Super Mario Bros, and even today they make it a permanent part, after almost 30 years. Pros and defects: he manages to finish Super Mario Bros in less than 5 minutes but he has never finished Final Fight with a credit ... he's still trying.

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