Bearish
FTSE MIB drops 1.33% to 51,915.18 amid rising energy prices and ECB tightening expectations.
The FTSE MIB declined by 1.33% to 51,915.18 on September 1, 2026, driven by escalating energy prices due to Middle East tensions, which heightened inflation concerns and led to expectations of further European Central Bank (ECB) monetary tightening. The market anticipates a deposit rate of approximately 2.70% by December, implying an 80% probability of a second rate hike following the expected increase in September.
Key points
- FTSE MIB falls 1.33% to 51,915.18 amid rising energy prices and ECB tightening expectations.
- Market anticipates ECB deposit rate at 2.70% by December, indicating potential rate hikes.
Sources
AI-generated from public news sources. Not financial advice.
