Research: latest publications
The publications in this section represent Investment Research and have been prepared and distributed by the Intesa Sanpaolo. The publications are presented exclusively for information purposes. Accordingly, they do not constitute, nor are they intended to constitute, and may not be interpreted as, documents that offer for sale or subscription any type of financial instrument.
Information on Intesa Sanpaolo’s Research Dept. organisation, governance and the relative regulatory disclosures can be found at Intesa Sanpaolo website.
The research made openly available in this section of the web site qualifies as a ‘minor non-monetary benefit’ pursuant to provisions of Delegated Directive (EU) 2017/593 as it is: i) Macroeconomic analysis or Fixed Income, Currencies and Commodities material made openly available to the general public - Q&A on Investor Protection topics - ESMA 35-43-349, Question 8 & 9; ii) Written material from a third party that is commissioned and paid for by a corporate issuer or potential issuer to promote a new issuance by the company, or where the third party firm is contractually engaged and paid by the issuer to produce such material on an ongoing basis (Specialist/Corporate Broker/Sponsor contract), provided that the relationship is clearly disclosed in the material and that the material is made available at the same time to any investment firms wishing to receive it or to the general public - Delegated Directive(EU) 2017/593 - Art. 12 paragraph 3b.
BB Biotech - Company Update
REVO - Company Update
Calendar of macroeconomic data and events
Calendario dei dati macroeconomici e degli eventi
Area euro: industria in crescita più del previsto nel Q2, attesa in contrazione nei prossimi trimestri
Commodity Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Banca IFIS - Company Update
Commodity Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Generalfinance - Initiation of Coverage
Commodity Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
illimity - Company Update
Cementir Holding - Company Update
MARR - Company Update
IGD - Company Update
Commodity Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Openjobmetis - Company Update
Datalogic - Company Update
Commodity Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Tinexta - Company Update
F.I.L.A. - Company Update
G10 Forex - GBP (Sterling)
Forex G10 - GBP (Sterlina)
Forex Flash
Calendar of macroeconomic data and events
Calendario dei dati macroeconomici e degli eventi
Forex Flash
Italia: produzione industriale in calo più del previsto a giugno
Italy: industrial production down more than expected
Commodity Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Auction Calendar - Euro Area and US Govt Bonds
Forex Flash
Forex Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Prima Industrie - Company Update
COIMA RES - Company Update
Biesse - Company Update
Commodity Flash
Forex Flash
Specialist/CB Italian Equity Daily
Macro Flash
Market Movers
Zignago Vetro - Company Update
Banca Sistema - Company Update
Elica - Company Update
Money Market Monitor
Post-TPI, risk premia remain under pressure
Forex Flash
Aeffe 02.08.22
Forex Flash
Post-TPI, i premi al rischio restano sotto pressione
Commodity Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Forex Flash
Forex Flash
Commodity Flash
080122_CB
Market Movers
Macro Flash
dAmico 01.08.22
Auction Calendar - Euro Area and US Govt Bonds
2022 Euro Area Government Issuance
2022 Spanish Government Issuance
Weekly Economic Monitor
Weekly Economic Monitor
Forex Flash
Forex Flash
Orsero 29.07.22
Calendar of macroeconomic data and events
Calendario dei dati macroeconomici e degli eventi
Commodity Flash
PIL area euro: sorprende al rialzo nel 2° trimestre, rallentamento già in corso
Italia: balzo inatteso del PIL nel 2° trimestre
Iveco Group 29.07.22
Italy’s Q2 GDP surprises strongly upwards
2022 Italian Government Issuance
072922_CB
Market Movers
Macro Flash
Germania: inflazione armonizzata in crescita nonostante la presenza di misure calmieranti
Forex Flash
Forex Flash
Commodity Flash
Area euro: ESI sotto la media storica a luglio
072822_CB
Macro Flash
Market Movers
FOMC: 75 pb e sospensione della forward guidance
Italia: in calo la fiducia di famiglie e imprese a luglio
Area euro: PMI composito sotto 50 a luglio
Forex Flash
Forex Flash
Italy’s confidence down sharply in July
Commodity Flash
Specialist/CB Italian Equity Daily
Macro Flash
Market Movers
Views on the Italian Economy
Pattern - Company Update
Forex Flash
Forex Flash
Commodity Flash
072622_CB
Market Movers
Macro Flash
La bussola dell’economia italiana
Forex Flash
Interest Rate Forecasts
Sogefi 25.07.22_
Forex Flash
Commodity Flash
Germania: l’IFO segnala ampi rischi al ribasso per il ciclo nel 2° semestre
Auction Calendar - Euro Area and US Govt Bonds
072522_CB
Market Movers
Macro Flash
2022 Euro Area Government Issuance
2022 Spanish Government Issuance
Weekly Economic Monitor
Weekly Economic Monitor
Forex Flash
2022 Italian Government Issuance
Calendar of macroeconomic data and events
Calendario dei dati macroeconomici e degli eventi
Forex Flash
Money Market Monitor
Commodity Flash
Specialist/CB Italian Equity Daily
Macro Flash
Market Movers
ECB agrees on a new stabilization tool and faster normalisation of policy rates
La BCE trova l’accordo sul TPI e su una normalizzazione più rapida dei tassi ufficiali
Draghi definitely resigned, elections closer
Cellularline - Company Update
Francia – Gli effetti del conflitto e l’inflazione penalizzano sia la manifattura che i servizi
Forex Flash
Forex Flash
Commodity Flash
Specialist/CB Italian Equity Daily
Focus United States – FOMC: Hard times for the Fed, caught between elevated inflation and recession risks
Focus Stati Uniti – FOMC: tempi duri per la Fed, stretta fra inflazione troppo alta e rischi di recessione
Market Movers
Macro Flash
Focus commodity - Energy markets update
Forex Flash
Commodity Flash
Forex Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Tomorrow is the day of truth for Draghi
Forex Flash
Forex Flash
Commodity Flash
Market Movers
Macro Flash
Forex Flash
Forex Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Auction Calendar - Euro Area and US Govt Bonds
Draghi Government on the brink of collapsing
Focus Euro Area - ECB: focus will be more on the stabilisation tool than on the rate hike
Focus Area Euro - BCE: l’attenzione sarà più sullo strumento di stabilizzazione che sul rialzo dei tassi
Forex Flash
Calendar of macroeconomic data and events
Calendario dei dati macroeconomici e degli eventi
Forex Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Market Update: searching for the balance point
Market Update: alla ricerca del punto di equilibrio
Focus Euro Area - Inflation forecasts revised up again
Focus Area Euro - Previsioni di inflazione riviste di nuovo verso l’alto
Forex Flash
EU Commission Summer 2022 Economic Forecast
Focus United States – Recession Dashboard
Forex Flash
071422_CB
Macro Flash
Market Movers
Stati Uniti - CPI: allarme rosso a giugno
Area euro: produzione industriale in crescita a maggio e in rotta per una stagnazione nel 2° trimestre
Forex Flash
Forex Flash
071322_CB
Macro Flash
Market Movers
SeSa 13.07.22
Forex Flash
Forex Flash
Focus United States - Inflation Dashboard
071222_CB
Market Movers
Macro Flash
Upwards pressures on USD overnight rates, as QT continues
Macro Flash
Market Movers
Stati Uniti -mercato del lavoro ancora caldo a giugno
Weekly Economic Monitor
Weekly Economic Monitor
Pressioni al rialzo su tassi overnight in dollari con il procedere del QT
Calendar of macroeconomic data and events
Calendario dei dati macroeconomici e degli eventi
L’industria potrebbe aver dato un contributo positivo al PIL nel 2° trimestre
Auction Calendar - Euro Area and US Govt Bonds
Italian industry probably expanded in Q2
Focus commodity - Industrial metals - July 2022
Focus Commodity - Precious Metals - July 2022
Market Movers
Macro Flash
Focus Commodity - Cobalt - July 2022
Commodity Flash
070722_CB
Market Movers
Macro Flash
Stati Uniti - verbali FOMC
Focus Commodity - Gold Sector
Commodity Flash
070622_CB
Market Movers
Macro Flash
The risks of the disinflation process: a global outlook with a focus on Italy
Commodity Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Commodity Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Auction Calendar - Euro Area and US Govt Bonds
Weekly Economic Monitor
Weekly Economic Monitor
2022 Spanish Government Issuance
Area euro. Inflazione: l’allerta resta alta
Calendar of macroeconomic data and events
Calendario dei dati macroeconomici e degli eventi
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
2022 Euro Area Government Issuance
Commodity Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Views on the Italian Economy
Hard-to-achieve equilibrium
Germania: le misure governative rallentano l’inflazione
Focus Commodity - Settore Orafo
Area euro: l’ESI segnala rischi al ribasso sul 2° semestre
Commodity Flash
Market Movers
Macro Flash
2022 Italian Government Issuance
Commodity Flash
Specialist/CB Italian Equity Daily
Macro Flash
Market Movers
Macroeconomic Outlook - June 2022
La bussola dell’economia italiana
Commodity Flash
Market Movers
Macro Flash
Auction Calendar - Euro Area and US Govt Bonds
Germania. IFO: rischi al ribasso sulla crescita
Weekly Economic Monitor
Weekly Economic Monitor
Calendar of macroeconomic data and events
Calendario dei dati macroeconomici e degli eventi
Forex Flash
Forex Flash
2022 Euro Area Government Issuance
Italia: migliora a sorpresa la fiducia delle imprese manifatturiere a giugno
2022 Spanish Government Issuance
2022 Italian Government Issuance
Italy’s business confidence improving in June
Macroeconomic Scenario 2022-23 - The risks of the disinflation process
Scenario macroeconomico 2022-23 - I rischi della disinflazione
Commodity Flash
Market Movers
Macro Flash
Forex Flash
Forex Flash
Francia – Migliora a sorpresa la fiducia delle imprese manifatturiere, frenano i servizi
Commodity Flash
PMI area euro: in calo più delle attese a giugno
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Openjobmetis - Company Update
Money Market Monitor
Forex Flash
Forex Flash
Commodity Flash
ECB EAPP Update
062222_CB
Market Movers
Macro Flash
Scenario Macroeconomico Trimestrale
Focus Commodity Scenario Trimestrale - Giugno 2022
Focus Commodities Quarterly Outlook - June 2022
Commodity Flash
Forex Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Sanlorenzo - Company Update
Forex Flash
Agatos - Company Update
Forex Flash
New BTP Italia 28/06/2030
Forex Flash
Euro swap curvature: 2-10-30Y receiver swap butterfly
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
G10 Forex - G4 Currencies (quarterly update)
Forex G10 - G4 (Aggiornamento trimestrale)
Interest Rate Forecasts- High inflation and hawkish central banks
Weekly Economic Monitor
Weekly Economic Monitor
Auction Calendar - Euro Area and US Govt Bonds
2022 Spanish Government Issuance
Calendar of macroeconomic data and events
Calendario dei dati macroeconomici e degli eventi
Waiting for the market-stabilization tool
Forex Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Forex Flash
Mondadori - Company Flash
Forex Flash
Commodity Flash
Macro Flash
Market Movers
FOMC: “il re è nudo”
Forex Flash
G10 Forex - G10 currencies and Russia-Ukraine war (Part 2) - 15 06 2022
ECB begins to act against financial instability
La BCE inizia ad agire contro l’instabilità finanziaria
Forex G10 - Valute G10 e conflitto russo-ucraino (Parte 2)
Curvatura swap euro: receiver swap butterfly 2-10-30 anni
Area euro: produzione industriale in modesto rimbalzo
Commodity Flash
Forex Flash
Forex Flash
Specialist/CB Italian Equity Daily
Macro Flash
Market Movers
ECB EAPP Update
Forex Flash
Forex Flash
Commodity Flash
Market Movers
Macro Flash
Focus Stati Uniti – Quale atterraggio?
Forex Flash
Forex Flash
Commodity Flash
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Auction Calendar - Euro Area and US Govt Bonds
Stati Uniti - CPI maggio 2022
Weekly Economic Monitor
Weekly Economic Monitor
2022 Euro Area Government Issuance
2022 Spanish Government Issuance
Calendar of macroeconomic data and events
Calendario dei dati macroeconomici e degli eventi
L’industria italiana si mostra più resiliente del previsto
2022 Italian Government Issuance
Forex Flash
Forex Flash
Italian industry is proving surprisingly resilient
Specialist/CB Italian Equity Daily
Market Movers
Macro Flash
Mondadori - Company Update
ECB: APP stop in early July and 0.25% hike on 21/7
BCE: stop all’APP a inizio luglio e rialzo di 0,25% il 21/7
TLTRO III, low early repayments
Commodity Flash
Forex Flash
Specialist/CB Italian Equity Daily
Forex Flash
Market Movers
Macro Flash
Focus Euro Area - Risks of price-wage spirals?
Focus Area Euro - Rischi di spirali prezzi-salari?