European stock markets continue to rise moderately, supported by hopes of an easing of tensions in Ukraine after the phone call between Putin and Trump. Despite the new tariff threats of 25% on steel and aluminum announced by the American president, the markets seem, for the moment, not to be affected. Wall Street also opened on the rise.
Among the most anticipated events of the week, the following stand out: US economic data: The January consumer price index will be released on Wednesday, while producer prices will be released on Thursday. There is also a lot of attention on the semi-annual testimony of the Fed chairman, Jerome Powell, scheduled for Tuesday and Wednesday at the Congress. Today, however, the spotlight is on Christine Lagarde, President of the ECB, who will speak at the Strasbourg Parliament.
READ MORE Trump's new thunder on steel and aluminum tariffs does not create storms in the markets
A Square Business attention remains focused on banks and quarterly reports. It runs General Bank after i 2024 results: profit at 431 million (+32%), record assets at 104 billion (+12%) and dividend doubled to 2,80 euros. Weak Bank Ifis after Documentation for the takeover bid filed with Consob su Illimity Banks, which shows a slight increase. The worst blue chips are: Pop from Sondrio, Bpm bank, nexi e Bper. The Poste Italiane records a decline, probably due to conflicting rumours about a possible counter-offer on Team, which in the meantime benefits from the HSBC upgrade. stm rises despite Taiwan Semiconductor's more cautious forecasts and recent accusations against the top of the group.
Lo spread between BTPs and Bunds drops to 108 points, with the yield on the 10-year BTP at 3,47% and the Bund at 2,38%.
THEgold continues to set records, approaching $3.000 an ounce, while theeuro it is stable and the Petroleum continues to rise, as does the natural gas.
