Wall Street opens positive after the holiday break
The Wall Street stock market showed an encouraging opening after the Martin Luther King Day break. Investors seem optimistic about the impact of the new President Donald Trump’s economic policies. The Dow Jones recorded an increase of 0.50%, while the S&P 500 gained fractionally, reaching 6,031 points. The Nasdaq 100 also registered an increase of 0.52%, and the S&P 100 rose by 0.45%,
remaining just above parity.
The Bundesbank’s statements and inflation
Joachim Nagel, president of the Bundesbank, made significant statements during the World Economic Forum in Davos. He said that the European Central Bank (ECB) is close to achieving its inflation target by the middle of the year. However, he warned that the task of controlling inflation is not yet done. Lower wage growth could help lower service prices in the coming months, an aspect that investors are monitoring closely
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Collaboration between Enel, Eni and Tunisia for green hydrogen
Another important issue is the collaboration between Enel and Eni and the Tunisian government to develop a pilot project for the production of green hydrogen in Tunisia. This project is part of the Mattei Plan, which aims to integrate North Africa with Europe, positioning Italy as a central point for European energy needs. This initiative could have a significant impact on the energy transition and sustainability in the region.
The economic challenges in Germany and the early elections
In Germany, the Zew index fell to 10.3 points, signaling a decline in confidence among German companies. Economic expectations have fallen, influenced by the possibility of tariffs imposed by the United States and by domestic political instability. Early elections could lead to a center-right victory, but without a clear majority, which could further complicate the country’s economic situation
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Green Arrow Capital and successful fundraising
Finally, Green Arrow Capital, one of the main independent Italian operators specialized in the management of alternative and sustainable investments, announced the successful fundraising for the “Green Arrow Private Debt Fund II”, reaching a collection of 137 million euros. This fund represents an important step for the company, which continues to invest in sustainable projects and to support the Italian economy.