Le European stock markets continued to trade without any major shocks at midday., with investors still torn between the softer signals coming from the American economy and the new tensions on the geopolitical front. Piazza Affari remains in positive territory, while the other main European stock markets move in a scattered fashion and with limited variations. The geopolitical front, however, remains the main element of uncertaintyTalks between the United States and Iran continue to proceed slowly, and Tehran has clarified that the memorandum of understanding does not include a real 60-day deadline for the truce, but only an extendable time window to continue negotiations on sanctions and the nuclear issue. The issue of the Strait of HormuzIranian Foreign Ministry spokesman Esmaeil Baghaei confirmed that talks with Oman are still ongoing, but will take time due to the number of stakeholders involved and the technical and political difficulties of the dossier.
The result is a new strengthening of crude oil. After a weaker start, the Brent crude rose 1,1% to $89,5 a barrel., bringing the 90 mark back into its sights, while WTI rose 0,9% to around $83,1. Among the raw materials, silver shines.
Mixed Europe, Milan remains positive
The European picture remains mixed. Frankfurt is practically unchanged, with the Dax up 0,05%, while London gains 0,15% and Amsterdam 0,19%. Paris loses 0,16% and Madrid retreats 0,23%. At Piazza Affari the The FTSE MIB gained 0,37% to 53.783 points., remaining in positive territory after a morning without particular accelerations.
The Asian session is now fading into the background, but the strongest signal remains that coming from the technology sector, with the Kospi rising sharply and Tokyo positive thanks to stocks linked to artificial intelligence and semiconductors.
Stm up over 4%, Fineco and Prysmian doing well
In Milan, purchases continue to focus mainly on technology. Stm gains more than 4% and remains firmly at the top of the FTSE MIB, supported by the good international trend in semiconductors. Behind it, the Fineco, up by around 2,5%, while Prysmian gains 2,5%Ferrari also performed well, up about 1,7%. On the other side Fincantieri loses almost 2%, after the increases of the last few sessions. Nexi also weak, down by more than 1%, while Brunello Cucinelli and Inwit remain below par.
Banking Risk: News on the Front Unicredit Commerzbank. According to rumors reported by BloombergSome senior German officials are reportedly open to discussing a possible sale of the 12,7% public stake in Commerzbank to the Italian bank if the two institutions were able to agree on a common strategy. However, this position does not currently represent the official position of the Berlin government.
The topic of artificial intelligence also remains lively. anthropic reported preliminary revenues of more than $11,5 billion in the second quarter, more than fourteen times the level of the same period in 2025. The company also reportedly closed the quarter with a positive adjusted operating profit, while rumors of a possible mega-IPO continue.
The euro remains stable, with the spread at 77 points and US futures mixed.
On the currency market thethe euro remains just below 1,16 against the dollar, around 1,159. Gold gains about half a percentage point and returns to approach 4.400 dollars an ounce. On the bond market, it The spread between Italian government bonds and German Bunds remains stable at 77 basis points., with the yield on the Italian 10-year bond around 3,97%.
Finally, the contrasted Wall Street futuresThe Dow Jones Industrial Average fell 0,17%, while the S&P 500 Index gained 0,10%. The Nasdaq 100 was stronger, up 0,50%, while the Russell 2000 lost 0,11%.
