17/09/2026 – Inflation: Fed pushes rates into the 3.75-4.00% range, its first hike since 2023 – Read more news

GAS & POWER: Surprisingly, in the week ending Friday, September 11, investment funds significantly reduced their long net exposure, bringing it back to levels just before the outbreak of the Middle East conflict – around 97 TWh the equivalent net position, compared to an average close to 240 TWh in the previous month.

EQUITY: As widely expected, the Federal Reserve raised rates by 25 basis points yesterday, bringing the target range to 3.75%-4.00%-the first hike since 2023, approved by unanimous vote. The move was motivated by the persistence of high inflation, fueled by soaring energy prices, amid uncertainty also linked to geopolitical developments. A decided majority of members then consider a further rise possible by the end of the year. Reactions of dissatisfaction with the decision promptly came from the White House.